Question: 5) The selling price per unit of a product is $37, the fixed costs per month are $13,400, and the total variable costs per month

5) The selling price per unit of a product is $37, the fixed costs per month are $13,400, and the total variable costs per month are $11,500 at the break-even point. What is the number of units required to break even?

Step by Step Solution

★★★★★

3.49 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Heres how to calculate the number of units required for the product to break even Formula BreakEven ... View full answer

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!

A machine can be purchased for $296,000 and used for fiveyears, yielding the following net incomes. In projecting netincomes, double-declining depreciation is applied using a five-yearlife and a ze A...

The treasurer of Kelly Bottling Company (a corporation) currently has $200,000 invested in preferred stock yielding 10 percent. He appreciates the tax advantages of preferred stock and is considering...

Given the cash flows in the table, calculate the payback period assuming the cash flows in years 1 to 4 occur evenly throughout the year. The required rate of return is 12%. Year Cash Flow 0 -110000...

Lowell Inc. projects unit sales for a new project with a life of FOUR YEARS as follows: year 1 = Unit sales 10,000 Year 2 = Unit sales 12,000 Year 3 = Unit sales 14,000 Year 4 = Unit sales 16,000...

Journalize the following transactions that occurred in January 2018 for Sylvia's Amusements. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or...

What labor markets should be considered when recruiting to fill an opening for a sales representative for a pharmaceutical manufacturer?

For the model of Example 5.27, find the mean and variance of the number of customers served in a busy period.

Stardust publishes a monthly magazine featuring local restaurant reviews and upcoming social, cultural, and sporting events. Subscribers pay for subscriptions either one year or two years in advance....

A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate. It currently has 15 years remaining to maturity Interest rates on similar obligations are now 10 percent. Assume Ms....

Aldol condensation of butan-2-one leads to a mixture of two enones (ignoring double-bond stereochemistry). Draw them.

3. K. exler sells dress shoes and sneakers for women. The account balances as of December 31, 2018 after adjustments are as follows: (11 pts) 30000 Interest Expense 40,000 Accounts Payable Salaries...

Vignette Assumption When completing the vignettes, there is a vignette assumption. That is, when reading assume that a full assessment has been done and no mention means 'no evidence'. This is the...

1. The following diagram shows a glancing collision of mass 1 and mass 2. Assume that the masses are the same and the surface has no friction. Before Collision After Collision horizontal Mass 2 axis...

Name 3 things that Pals restaurant did that made them a unique fast food restaurant.

Lippman Company is evaluating a proposal to purchase a new piece of equipment. The cost of the equipment would be $65,325 and the company expects the investment would generate annual cash flows of...

4.28. (a) Let x(t) have the Fourier transform X(jw), and let p(t) be periodic with funda- mental frequency wo and Fourier series representation p(t)=aef 8118 Determine an expression for the Fourier...

Calculate the price of the following semi-annual bond: The bond pays a 10% coupon rate, has an annual yield to maturity of 7%, matures in 20 years, and has a face value of $1,000.

A bar of length = 1 has one fixed and one free end and stiffness function c(x) = 1 - x. Find the displacement when subjected to a unit force. Pay careful attention to the boundary condition at the...

A man on your caseload, addicted to heroin, has been arrested for selling heroin to a minor. You go to see him at the county prison where he tells you that selling heroin was the only way he could...

A man with two children needs temporary shelter. His oldest, a daughter, is old enough to drop out of school; and in the course of placing him, you learn that he has encouraged her to do just that....

A woman is referred to the social service department in a large hospital after having a stroke. She is somewhat incapacitated and has had a lot of therapy while hospitalized. Now she is going home...

Hand washing has external health benefits, helping prevent the spread of communicable diseases. If a program were somehow devised so that people got paid a small reward every time they washed their...

Consider the decision to adopt a dog. Describe a private cost, a private benefit, an external cost, and an external benefit that result from your decision to adopt a dog.

Suppose the government is considering two policies to limit factory air pollution: taxing producers, or providing each producer with an allotment of permits they may trade with other producers. If...