Question: Flash Gordon Memory (FGM) sells memory cards for $55 each. Fixed costs are $1,275,000 for output up to 225,000 cards. Variable costs are $30 per

Flash Gordon Memory (FGM) sells memory cards for $55 each. Fixed costs are $1,275,000 for output up to 225,000 cards. Variable costs are $30 per card.

What is FGM's operating income at sales of 85,000 cards? Round your answer to the nearest dollar.

$
What is the operating breakeven point? Round your answer to the nearest dollar.

$

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three varieties of rice-White, Fragrant, and Loonzain. Budgeted sales by product and in total for the coming...

can you.please show me how to work the circled problems? percentage can TransCan increase its sales before full capacity is reached? 6-5 Prime Colors (PC) sells one-gallon cans of house paint for $25...

Flash Gordon Memory (FGM) sells memory cards for $45 each. Fixed costs are $900,000 for output up to 200,000 cards. Variable costs are $25 per card. (a) What is FGMs operating income at sales of...

3. Practice Problem 16-3 eBook Flash Gordon Memory (FGM) sells memory cards for $75 each. Fixed costs are $2,400,000 for output up to 185,000 cards. Variable costs are $25 per card. a. What is FGM's...

eBook Flash Gordon Memory (FGM) sells memory cards for $45 each. Fixed costs are $750,000 for output up to 170,000 cards. Variable costs are $20 per card. What is FGM's operating income at sales of...

3. Practice Problem 16-3 E eBook Flash Gordon Memory (FGM) sells memory cards for $75 each. Fixed costs are $2,400,000 for output up to 185,000 cards. Variable costs are $25 per card. a. What is...

Attempts Keep the Highest / 2 3. Practice Problem 16-3 eBook Flash Gordon Memory (FGM) sells memory cards for $35 each. Fixed costs are $600,000 for output up to 195,000 cards. Variable costs are $15...

Flash Gordon Memory (FGM) sells memory cards for $35 each. Fixed costs are $825,000 for output up to 175,000 cards. Variable costs are $10 per card. What is FGM's operating income at sales of 55,000...

Attempts 2 Keep the Highest 2/4 3. Practice Problem 16-3 ED eBook Flash Gordon Memory (FGM) sells memory cards for $75 each. Fixed costs are $2,400,000 for output up to 185,000 cards, Variable costs...

Flash Gordon Memory (FGM) sells memory cards for $65 each. Fixed costs are $2,100,000 for output up to 220,000 cards. Variable costs are $15 per card. What is FGM's operating income at sales of...

someone help ? Flash Gordon Memory (FGM) sells memory cards for $65 each. Fixed costs are $1,800,000 for output up to 175,000 cards. Variable costs are $15 per card. a. What is FGM's operating income...

Show that the two dimensional space whose metric is ds=de-du (it is called 'Rindler space') is just two-dimensional Minkowski space ds=-df+d in disguise. Do this by finding the appropriate change of...

Having mastered the principles of normalization described in Chapter 4, you recognize immediately that the star schema you developed for Millennium College (Problem and Exercise 4-30) is not in third...

Two unbiased 6-sided dice are thrown. Find the probability of getting a the same number on both dice b a total of 6 c a total of 9 or more.

8:37 * N. 80% i ... OBJECTIVES: Create relationships Create a Pivot Table from Related Tables Create a PivotChart Modify the PivotChart The major section in this chapter :ontinuation is: Data...

If anyone breaches the lease, its likely that the landlord will file legal action against them to collect on the remainder of theyre lease.

According to Karen Smiths report small-business owners dont recognize the full effect that layoffs and terminations are liable to have on the motivation of surviving employees.

A IRA is one of the most common plans for the selfemployed because of its ease of setting up and ad- ministering.