Homework Answers
| GIven | $ | |
| Selling price | 750 | per unit |
| Variable cost | 500 | per unit |
| Fixed costs up to 1100 units | 25,000 | per month |
| Fixed costs above 1100 units | 60,000 | per month |
Since the number of units given in the question is above 1,100 (i.e.2,500), Krazy Kayaks will incur fixed costs of $60,000 which is applicable for units above 1,100.
Operating profit calculation is as follows:
| Formula | $ | |
| Sales (2,500 units*$750) | =2500*750 | 18,75,000 |
| less: Variable cost (2,500 units*$500) | =2500*500 | (12,50,000) |
| less: Fixed cost of $60,000 | (60,000) | |
| Operating Profit | 5,65,000 |
Hence, option C - $5,65,000 is the solution.
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question 13
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question 13
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