Question: Question Completion Status: QUESTIONS Using the values from problem 7, what is the break even number of tattoos that must be sold to break even

Question Completion Status: QUESTIONS Using the
Question Completion Status: QUESTIONS Using the
Question Completion Status: QUESTIONS Using the
Question Completion Status: QUESTIONS Using the values from problem 7, what is the break even number of tattoos that must be sold to break even on the business? (no decimals) Remember: ON BREAK EVEN ONE MUST ALWAYS ROUND UP QUESTION 10 For the problem 7, after careful evaluation, you have determined that the maximum number of tattoos that you could do in your business is 13 per day, working 50 five day weeks. More than this and you begin to make mistakes in your tattoos What is the break-even volume as a percentage of total capacity? (No decimals are needed. Give a full percent.) QUESTION 11 For the problem 7, after careful evaluation, you have determined that the maximum number of tattoos that you could do in your business is 11 per day, working 50 five-day weeks. More than this and you begin to make mistakes in your tattoos What is the break-even volume as a percentage of total capacity? (No decimals are needed. Give a full percent.) For the problem 7, after careful evaluation, you have determined that the maximum number of tattoos that you could do in your business is 11 per day, working 50 five-day weeks. More than this and you begin to make mistakes in your tattoos What is your total capacity in tattoos per year? (no decimal) What is the break-even volume as a percentage of total capacity? (No decimals are needed. Give a full percent.) Chick Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers QUESTION 12 The Oakwood furniture company produces tables. The fixed monthly cost of production is $40,000 and the variable cost per table is $65. The tables sell for $180 each. Assume the monthly volume is 300 tables What is the total revenue? (no decimal) What is the total cost? (no decimal) What is the total profit? (no decimal) What is the monthly break even volume for this company? (no decimal) Click Save and Submit to save and submit. Click Save All Answers to save all answers. o hip esc # % 2 QUESTION 7 America spends about $3.00 billion per year on tattoos. You plan to open a tattoo business and pay yourself a miminum wage each year of $26k. In addition to the fixed cost of your wage. $36k will be spent on rent, utilities and advertising. Your salary and the $36k will make up all of your fixed cost. Your variable cost per tatoo is $11 per tatoo, mainly for ink. Although you plan to charge about $150 per hour for large tatoos, you feel that on average you will average about $60 per tattoo and sell 2500 tattoos per year. What is your total fixed cost? (no decimals or dollar signs)

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!