Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you...

 

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Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October through December, the company's third quarter: Belleterre Tile Revenues and Costs Third Quarter Total quantity sold Total revenues Total variable costs 126,900 tiles $ 492,372 373,086 112,800 Total fixed costs Required: a. What is the average selling price per tile? Note: Round your final answer to 2 decimal places. b. What is the average variable cost per tile? Note: Round your final answer to 2 decimal places. c. What is the average contribution margin per tile? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. d. What is the current operating profit for a quarter? Note: Do not round intermediate calculations. e. What is the break-even point? Note: Do not round intermediate calculations. f. The CFO tells you that the company owners have said that unless the quarterly operating profit exceeds $16,685, they will liquidate the company. How many tiles would have to be sold in a quarter for Belleterre Tile to earn $16,685 in quarterly operating profit? Note: Do not round intermediate calculations. a. Average selling price b. Average variable cost per tile per tile c. Average contribution margin per tile d. Current operating profit e. Break-even point tiles: f. Number of tiles tiles Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October through December, the company's third quarter: Belleterre Tile Revenues and Costs Third Quarter Total quantity sold Total revenues Total variable costs 126,900 tiles $ 492,372 373,086 112,800 Total fixed costs Required: a. What is the average selling price per tile? Note: Round your final answer to 2 decimal places. b. What is the average variable cost per tile? Note: Round your final answer to 2 decimal places. c. What is the average contribution margin per tile? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. d. What is the current operating profit for a quarter? Note: Do not round intermediate calculations. e. What is the break-even point? Note: Do not round intermediate calculations. f. The CFO tells you that the company owners have said that unless the quarterly operating profit exceeds $16,685, they will liquidate the company. How many tiles would have to be sold in a quarter for Belleterre Tile to earn $16,685 in quarterly operating profit? Note: Do not round intermediate calculations. a. Average selling price b. Average variable cost per tile per tile c. Average contribution margin per tile d. Current operating profit e. Break-even point tiles: f. Number of tiles tiles