The fixed costs of Electronics Limited are 150,000 and the variable costs are 16 per unit....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The fixed costs of Electronics Limited are £150,000 and the variable costs are £16 per unit. Marketing forecast says Electronics Limited is expected to sell 11,000 units at a price of £33 per unit. However, a recent marketing study suggests that for any additional advertising expenditure more items will be sold. Using CVP analysis, calculate the total cost for production of 7000 units? a. 119,000 b. 269,000 C. 326,000 d. 235,000 The fixed costs of Electronics Limited are £150,000 and the variable costs are £16 per unit. Marketing forecast says Electronics Limited is expected to sell 11,000 units at a price of £33 per unit. However, a recent marketing study suggests that for any additional advertising expenditure more items will be sold. Using CVP analysis, calculate the total cost for production of 7000 units? a. 119,000 b. 269,000 C. 326,000 d. 235,000
Expert Answer:
Related Book For
Federal Taxation 2019 Corporations, Partnerships, Estates & Trusts
ISBN: 9780134739694
32th edition
Authors: Timothy J. Rupert, Kenneth E. Anderson
Posted Date:
Students also viewed these marketing questions
-
The Dapper-Dons Partnership was formed ten years ago as a general partnership to custom tailor mens clothing. Dapper-Dons is located at 123 Flamingo Drive in City, ST, 54321. Bob Dapper manages the...
-
The Dapper-Dons Partnership was formed ten years ago as a general partnership to custom tailor men's clothing. Dapper-Dons is located at 123 Flamingo Drive in City, ST, 54321. Bob Dapper manages the...
-
Artistic Woodcrafting Inc. began several years ago as a one-person, cabinet-making operation. Employees were added as the business expanded. Last year, sales volume totaled $850,000. Volume for the...
-
What do we really learn from studying how managers actually spend their time and their decision-making powers in like-for-like organisations in different countries? What are the messages for key...
-
Explain what a stop-limit order to sell at 20.30 with a limit of 20.10 means.
-
Define latent heat of fusion and latent heat of vaporisation.
-
A fan is to produce a total pressure rise of 6 in. \(\mathrm{H}_{2} \mathrm{O}\) and a flow of \(4000 \mathrm{ft}^{3} / \mathrm{min}\). Two motors are available, \(3550 \mathrm{rpm}\) and \(1160...
-
Net sales revenue, net income, and common stockholders equity for Azbel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. Requirements 1. Compute trend analyses...
-
Basic Home Care sells two-year warranty plans for home repairs, paid in cash in advance. On January 2, of the current year, 160 warranty plans were sold for $700 each. What would be the adjusting...
-
You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last quarter. The fund started the quarter on January 1 with a balance of $40...
-
The DeVille Company reported pretax accounting income on its income statement as follows: 2 0 2 4 $ 4 3 0 , 0 0 0 2 0 2 5 3 5 0 , 0 0 0 2 0 2 6 4 2 0 , 0 0 0 2 0 2 7 4 6 0 , 0 0 0 Included in the...
-
Coronavirus has exposed a lot of weaknesses in many business and retrenchments, early retirements and declarations of redundancy have been the norm of the day. For those who are lucky pay cuts have...
-
Scenario: As of October 31, 2023, you are a member of your firm's audit team responsible for reviewing the financial statements of Karke Dikhaao Limited (Karke) for the fiscal year ending on...
-
The chart to the right shows a country's annual egg production. Model the data in the chart with a linear function, using the points (0,51.7) and (4,60.2) Let x = 0 represent 1994, x= 1 represent...
-
Given the Flight Centre monthly share prices from Jan 2020 - Dec 2020, calculate the monthly returns, and the standard deviation. (3.5 marks) [Ensure to show your workings. Percentage results must be...
-
Please to do 10 slide about Human right and whats use labour law in UAE . IF there is true case i can explain use it in brief .
-
After reading the assigned selections (Long Ago & Legends), provide a "journal entry" by writing about the following elements: What idea or ideas do these readings make you think about? How does the...
-
A fast-food restaurant averages 150 customers per hour. The average processing time per customer is 90 seconds. a. Determine how many cash registers the restaurant should have if it wishes to...
-
Julia, a U.S . citizen, leaves the United States at noon on August 1, 2016, and arrives in Country Pat 8:00 a.m. the next day. She immediately establishes in Country P a permanent residence, which...
-
P Corporation owns 100% of S Corporation's stock, and S owns 100% of T Corporation's stock. The three corporations have filed consolidated tax returns for several years. On January 1 of the current...
-
For the first five months of its existence (August through December 2018), the Estate of Amy Ennis had gross income (net of expenses) of $7,000 per month. For January through July 2019, the executor...
-
The risk that can be diversified away is best described as: A. beta risk. B. systematic risk. C. unsystematic risk.
-
Which of the following statement is not true: A. A company's beta does not change over time. B. The fundamental beta allows for potential of beta to change over time. C. An historical beta is...
-
An efficient portfolio, according to Markowitz, is all but which of the following: A. lowest risk for a given level of expected return. B. greatest expected return for a given level of risk. C....
Study smarter with the SolutionInn App