Question: Show your work in solving problems. Business Math 1 . A manufacturer plans to introduce a new type of shirt based on the following information.

Show your work in solving problems. Business Math
1. A manufacturer plans to introduce a new type of shirt based on the following information.
The selling price is $35.00; variable cost per unit is $15.00; fixed costs are $8200.00; and capacity per period is 740 units.
a) Calculate the break-even point
(i) in units
(ii) in dollars
(iii) as a percent of capacity
b) Draw a detailed break-even chart.
c) Calculate the break-even point (in units) if fixed costs are reduced to $7000.00
d) Calculate the break-even point (in dollars) if the selling price is increased to $40.00
2. Olfert Greenhouses has compiled the following estimates for operations.
Sales $150000
Fixed cost $45200
Variable costs 67500112700
Net income $37300
Capacity is a sales volume of $175000.
Perform a break-even analysis showing
a) an algebraic statement of
(i) the revenue function;
(ii) the cost function;
b) a detailed break-even chart.
3. The Excellent DVD Company sells DVDs for $62 each. Manufacturing cost is $22.70 per DVD; marketing costs are $7.75 per DVD; and royalty payments are 15% of the selling price. The fixed cost of preparing the DVDs is $227300. Capacity is 20000 DVDs.
a) Draw a detailed break-even chart.
b) Compute the break-even point
(i) in units;
(ii) in dollars;
(iii) as a percent of capacity.
c) Determine the break-even point in units if fixed costs are increased by $3300 while manufacturing cost is reduced $1.65 per DVD.
d) Determine the break-even point in units if the selling price is increased by 10% while fixed costs are increased by $2900.
4. Sana launched a perfume business through Amazon and achieved sales of $17,380 in her first year. She had a total of $8,342.40 in variable costs and $2,100 in fixed costs. Her capacity for sales was $30,000 this year. Provide an algebraic statement representing her revenue and cost functions, and then compute her break-even point in terms of dollars and as a percentage of capacity.

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