Demonstration Problems Fro-Gurt . Fro-Gurt sells frozen yogurt bars o The firm has fixed costs of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Demonstration Problems Fro-Gurt . Fro-Gurt sells frozen yogurt bars o The firm has fixed costs of $13,000/month o The firm has variable costs of $3/bar a) Total cost if the firm sells 200,000 bars= The Little Theater Company . For next month, the Little Theater Co. (LTC) expects to have: o Sales revenue = $75/ticket o Variable costs = $45/ticket o Total fixed costs = $90,000 b) Monthly break-even in units = c) Revenue needed to reach $120,000 target profit = Kersplash Waterpark Monthly data o Expects to sell half of its admission tickets at the regular price of $75/ticket . o The other half are expected to go to senior citizens and children at the discount price of $35/ticket o VC = $15/person o FC = $60,000/month d) Kersplash's break-even number of full-price and discount tickets Full-price tickets = Discount tickets = Demonstration Problems Fro-Gurt . Fro-Gurt sells frozen yogurt bars o The firm has fixed costs of $13,000/month o The firm has variable costs of $3/bar a) Total cost if the firm sells 200,000 bars= The Little Theater Company . For next month, the Little Theater Co. (LTC) expects to have: o Sales revenue = $75/ticket o Variable costs = $45/ticket o Total fixed costs = $90,000 b) Monthly break-even in units = c) Revenue needed to reach $120,000 target profit = Kersplash Waterpark Monthly data o Expects to sell half of its admission tickets at the regular price of $75/ticket . o The other half are expected to go to senior citizens and children at the discount price of $35/ticket o VC = $15/person o FC = $60,000/month d) Kersplash's break-even number of full-price and discount tickets Full-price tickets = Discount tickets =
Expert Answer:
Answer rating: 100% (QA)
a Total cost if the firm sells 200000 bars 13000 fixed ... View the full answer
Related Book For
Small Business Management Launching & Growing Entrepreneurial Ventures
ISBN: 978-1133947752
17th edition
Authors: Justin Longenecker, William Petty, Leslie Palich, Frank Hoy
Posted Date:
Students also viewed these accounting questions
-
In the widget industry, each firm has fixed costs of $10 and faces the following marginal cost curve: Quantity Marginal Cost 1 ............... $2 per widget 2 ............... 4 3 ............... 5 4...
-
A company manufacturing surfboards has fixed costs of $300 per day and total costs of $5,100 per day at a daily output of 20 boards. (A)Assuming that the total cost per day, C(x),is linearly related...
-
A company manufacturing surfboards has fixed costs of $300 per day and total costs of $5,100 per day for a daily output of 20 boards. (A) Assuming that the total cost per day C(x) is linearly related...
-
Find a harmonic function (x, y) in the right-half plane x > -1 such that on the boundary (-1, y) = 0, y
-
Select a company you are familiar with. Explain each step of the accounting cycle. Describe at least one transaction that would occur at the company you selected in each of these steps
-
Exercise 8.12 introduces data on the average monthly temperature during the month babies first try to crawl (about 6 months after birth) and the average first crawling age for babies born in a given...
-
A conducting bar of width \(w=0.12 \mathrm{~m}\) and mass \(m=\) \(8.0 \mathrm{~g}\) can slide freely on two parallel conducting rails positioned at an incline of \(\theta=15^{\circ}\) (Figure...
-
The Appraisal Department of Bonita Bank performs appraisals of business properties for loans being considered by the bank and appraisals for home buyers that are financing their purchase through some...
-
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...
-
Refer back to the beginning of this chapter to the excerpt from a Los Angeles Times article about Reed Slatkin's fraud. The article insinuates that the FBI and IRS's raiding of Slatkin's office...
-
wellbeing's strategic planning and marketing discuss wellbeing's SWOT ( S trengths, W eaknesses, O pportunities, and T hreats) analysis and use of the 4-p framework in their strategic marketing and...
-
Read the code segment and fill in blank #24. 1. false 2. true 3. predLoc == NULL 4. location != NULL 5. answer not shown 4 Class Unsorted Type { public: //all the prototypes go here. private: int...
-
The following table presents the mean cost of a hospital stay, in \(\$ 1000\) s, and the number of hospital stays, in millions, in the United States for each of 15 years. a. Compute the least-squares...
-
True or False? O(1) is called constant time.
-
True or False? The explicit representation of a set uses the list ADT.
-
1. Which of the following trees are complete? 2. Which of the following trees are full? 12 tree 16 tree 20 19 14 40 tree 4 9 27 46 50 26 65 5 42 32 40 8 50 20 12 tree 44 19 tree tree 8 48 1 46 2 45 2...
-
Compare the relative acidities of alcohols with thioalcohols.
-
Floyd Distributors, Inc., provides a variety of auto parts to small local garages. Floyd purchases parts from manufacturers according to the EOQ model and then ships the parts from a regional...
-
Explain the three trade-offs that guide the choice between debt financing and equity financing.
-
1. If you were starting a company in an industry with large competitors, what steps would you take to prepare your advertising budget? 2. If Lando had come to you for advice, what would you have told...
-
1. What decision on Sally's part would contribute most to the success of her business? 2. What ethical reasoning would support hiring Mary? 3. What ethical reasoning would support hiring Julie?
-
In a recent study of how mice negotiate turns, the mice ran around a circular 90 turn on a track with a radius of 0.15 m. The maximum speed measured for a mouse (mass = 18.5 g) running around this...
-
It is well known that runners run more slowly around a curved track than a straight one. One hypothesis to explain this is that the total force from the track on a runners feet the magnitude of the...
-
Biologists have studied the running ability of the northern quoll, a marsupial indigenous to Australia. In one set of experiments, they studied the maximum speed that quolls could run around a curved...
Study smarter with the SolutionInn App