Question: pls answer all 22. A company making shirts is evaluating whether it is currently operating at a profit or at a loss. The company is

pls answer all pls answer all 22. A company making shirts is
pls answer all 22. A company making shirts is
22. A company making shirts is evaluating whether it is currently operating at a profit or at a loss. The company is producing 32,000 shirts. The shirts are selling for $ 35.00 per unit; and the fixed cost is $ 500,000. In addition, the variable cost per unit is $ 25. Based on this information, which of the following statements is correct? a. The breakeven volume is 42,000 units; and the company is operating at a profit. b. The breakeven volume is 42,000 units; and the company is operating at a loss. c. The breakeven volume is 50,000 units; and the company is operating at a profit d. The breakeven volume is 65,000 units; and the company is operating at a profit e. None of the above 23. A supermarket uses a supplier for its bottled water. The annual demand for this product is 24,000 units. The supermarket purchases bottled water from its supplier at a price of 0.8 dirhams per bottle. The holding cost per bottle of water per year is 0.4 dirhams. The ordering cost for the supermarket is 80 dirhams per order, and the lead-time is 2 days. The company operates 350 days a year. The supermarket uses the EOQ model to manage its inventories. What is the inventory cycle time (.e. time between orders)? a. 7.75 days b. 54.22 days c. 32.27 days d. 45.18 days e. None of the above 20. A product experiences a 50% increase in annual demand. As a result, a. The new EOQ is triple the previous EOQ b. The EOQ has increased by more than 50% c. The EOQ has increased by exactly 35% d. The EOQ has increased by less than 30% e. Not enough information to answer this

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 General Management Questions!