Apple (company 1) and Samsung (company2)Two companies are expected to have annual sales of 1,000,000 decks...
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Apple (company 1) and Samsung (company2)Two companies are expected to have annual sales of 1,000,000 decks of playing cards next year. Estimates for next year are presented below. Calculate the Following: Q: what is the volume at which profit of Apple( Company 1) and Samsung (company 2) are equal? * (4 Points) Selling price per deck Cost of paper per deck Printing ink per deck Labor per deck Variable overhead per deck Fixed costs Company 1 $3.00 .62 13 75 30 $960,000 Company 2 $3.00 .65 15 1.25 35 $252,000 Apple (company 1) and Samsung (company2)Two companies are expected to have annual sales of 1,000,000 decks of playing cards next year. Estimates for next year are presented below. Calculate the Following: Q: what is the volume at which profit of Apple( Company 1) and Samsung (company 2) are equal? * (4 Points) Selling price per deck Cost of paper per deck Printing ink per deck Labor per deck Variable overhead per deck Fixed costs Company 1 $3.00 .62 13 75 30 $960,000 Company 2 $3.00 .65 15 1.25 35 $252,000
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Answer rating: 100% (QA)
We can take x be the volume so Company 1 Profit 3x 062x013x075030x 960000 ... View the full answer
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Posted Date:
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