To calculate we apply the following formula=
Number of units to Break even =
= Fixed costs / (Price-Variable costs)
= 120,000 / (0.69- 0.08)
= 196721 pounds
So the plant to break even it must produce 196721 pounds every week.
Question 3 1 pts A mill producing steel plate has fixed costs of $120,000 per week...
Question 3 1 pts A mill producing steel plate has fixed costs of $200,000 per week and variable costs of $0.1 per pound of steel plate produced. If the steel plate sells for $0.72 per pound, how many pounds must be produced each week for the plant to breakeven? Express your answer in pounds to the nearest 1,000 pounds.
"A company currently operates its flour mill 6 days per week (Monday through Saturday). Flour sells for $24.17 per hundredweight (cwt) and the company purchases wheat at a price of $4.76 per bushel. 2.56 bushels of wheat are required per cwt of flour. Fixed costs are currently $7,228 per day of operation. The labor cost of mill operations is $0.60 per cwt. If the company decides to operate on Sunday, the labor cost of Sunday operations increases to $1.07 per...
Sanderson Steel Company manufactures 3 types of steel at 3
different plants. The time required to manufacture 1 ton of steel
and the costs at each plant are shown in the table below. Each
week, 100 tons of each type of steel must be produced. Each plant
is open 40 hours per week. Formulate this transportation problem to
minimize the cost of meeting Sanderson’s weekly requirements.
having troubles with this problem, please help!
5. (7.5 point) Sanderson Steel Company manufactures...
Question 26 1 pts Output Fixed (Q) Costs $500 Variable Costs $200 Total Costs Average Fixed Average Average Total Marginal Costs Variable Costs Costs Costs $800 $75 $875 $925 $100 $625 What is the fixed cost of producing 3 units of the good? O $700 O $500 O $875 $375 $1,000
95. Ferguson Co. incurs $568,000 in fixed costs while producing three products with the following characteristics: Sales Mix Unit Product (Units) $900 600 35% What is the breakeven point in units? a) 400 b) 240 c) 299 d) 800 Answer: d Difficulty: Medium Learning Objective: Apply CVP calculations for multiple CPA: Management Accounting 96. Ferguson Co. incurs $568,000 in fixed costs while producing three products with the following characteristics: Sales Mix Unit Product (Units) $900 600 400 45% At the...
Question Help Canvas Reproductions has fixed operating costs of $12,300 and variable operating costs of $10.96 per unit and sells its paintings for $26.21 each. At what level of unit sales will the company break even in terms of EBIT? The operating breakeven point is units. (Round to the nearest integer.)
Question 12 1 pts Charity Hospital, a not-for-profit, has a maximum capacity of 15,000 discharges per year. Variable patient service costs are $390 per discharge. Variable general and administrative costs are $10 per discharge. Fixed hospital overhead costs are $4,200,000 per year. The current reimbursement rate is $1,000 per discharge. What is the volume required to breakeven?
Question 23 1 pts Average Variable Marginal Average Fixed Costs Average Total Costs Costs Total Costs Output (Q) Fixed Costs Variable Costs Costs $500 $200 1 $800 2 $875 $75 3 $925 4 $100 5 $625 What is the total cost of producing five units of the good? $1,050 $1,025 $825 $1,000 $950
Question 1 2 pts Zeke Company sells a single product. The selling price per unit is $32 and unit variable cost is $24. Fixed costs for the year are $100,200. What if selling price goes up by 19%, variable costs go up by 14% and fixed costs go up by 18%? What is the new breakeven point in units? Do not round any intermediate calculations. Round your final answer up to the nearest whole number.
16. Longstreet Inc. has fixed operating costs of $495, 000, variable costs of $2.50 per unit produced, and its product sells for $4.20 per unit. What is the company's breakeven point, 'i.e., at what unit sales volume would income equal costs? a. 291,176 b. 330,000 c. 431, 813 d. 453, 403 e. 476,073