Brian repairs tubs and jacuzzis for $380 per job. Her fixed costs are $1,300 per month and
Fantastic news! We've Found the answer you've been seeking!
Question:
Brian repairs tubs and jacuzzis for $380 per job. Her fixed costs are $1,300 per month and variable costs are $30 per job.
a. Calculate the contribution margin on each job.
b. Calculate the number of orders she needs to get per month to break even.
Expert Answer:
Posted Date:
Students also viewed these mathematics questions
-
Calculate the contribution margin and operating income for June using variable costing. Use the following information for Short Exercises Dracut Company reports the following information for June:...
-
Calculate the contribution margin for each department and income before taxes, based on thefollowing: Dept. A 1,600 square feet Dept. B 2,400 square feet $11,000 5,900 $6,200 Net Sales Cost of Goods...
-
Calculate the contribution margin for each department and income before taxes, based on thefollowing: Dept. A 13,000 square feet Dept. B 21,000 square feeet $84,000 48,000 Net Sales Cost of Goods...
-
Compute for the fringe benefits tax due in the following scenarios. During 201A, Alpha Corporation gave the following fringe benefits to its employees: Salaries to rank and file employees P1,000,000...
-
What is a risk-adjusted return?
-
A project is estimated to cost $427,779 and provide annual net cash flows of $87,000 for six years. Determine the internal rate of return for this project, using Exhibit 2.
-
If you want to maintain a potential difference of \(6000 \mathrm{~V}\) between the plates of a parallel-plate capacitor, what is the minimum value of the plate separation if the space between the...
-
Paulson Company issues 6%, four-year bonds, on December 31, 2013, with a par value of $ 200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries...
-
6. An annular disk of mass M, inner radius a and outer radius b is placed on a horizontal surface with coefficient of friction , as shown in the figure. At some time, an impulse Jox is applied at a...
-
Slopes Inc. manufactures and sells snowboards. Slopes manufactures a single model, the Pipex. In the summer of 2015, Slopes's accountant gathered the following data to prepare budgets for 2016. These...
-
Create a sales funnel using the below information: ABC company has 500 employees and 6 departments: Sales, Marketing, Customer Support, Finance, IT, and Human Resources. They need a system that...
-
In a downstream sale, when a parent sells to its subsidiary, non-controlling interests share of current profit is reduced by the latters share of the unrealized profit. True/False
-
You have $500 to invest in the stock market and are considering buying shares in Walmart and Target, both of which are trading at $50 per share. Analysts believe theres a 50% chance of the economy...
-
On March 16, 2020, the stock market fell almost 13%. How can we reconcile these kinds of huge losses in the stock market with the efficient market hypothesis?
-
Your friend Owen is a bit of a pessimist. The world already has 8 billion people, he says. The population is growing too fast. Soon, there will be a food shortageespecially for people in undeveloped...
-
Your friend just received a promotion and wants to save the extra annual income from their raise. They tell you that theyre thinking of hiring a fund manager to help decide where to put their...
-
O People who rent homes or apartments can purchase insurance that covers personal property losses only liability risk only all property and liability risks personal property and liability losses but...
-
General Electric Capital, a division of General Electric, uses long-term debt extensively. In a recent year, GE Capital issued $11 billion in long-term debt to investors, then within days filed legal...
-
Quilts R Us (QRU) is considering investing in a new patterning attachment with the cash flow profile shown in the table below. QRU's MARR is 13.5 percent/year. a. What is this investment's external...
-
Consider two alternatives, each of which will accomplish the same EPA-mandated pollution control. Using an incremental IRR analysis, determine the preferred alternative assuming MARR is 20...
-
The production department of Zunni's Manufacturing is considering two numerically controlled drill presses; one must be selected. Comparison data is shown in the table below. MARR is 10 percent/year....
Study smarter with the SolutionInn App