Homework Answers
| Let the firm sell x swing sets to break even. | ||||
| Revenue = cost at break even point. | ||||
| cost = fixed cost + variable cost | ||||
| 1000*x = 200000 + 500*x | ||||
| 500*x = 200000 | ||||
| x = 400 | ||||
| The firm will have to sell 400 units to break even. | ||||
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please explain Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove,...
please explain
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Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for...
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Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for...
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please explain
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $140 per unit. Variable expenses are $98 per stove, and fixed expenses associated with the stove total $184,800 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that...
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $100 per unit. Variable expenses are $70 per stove, and fixed expenses associated with the stove total $132,000 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed...
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $130 per unit. Variable expenses are $91 per stove, and fixed expenses associated with the stove total $179,400 per month Required: 1. Compute the company's break-even point in unit sales and in dollar sales. Break-Even Point Number of stoves Total sales dollars 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or...
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $130 per unit. Variable expenses are $91 per stove, and fixed expenses associated with the stove total $191,100 per month. Required: 1. Compute the company's break-even point in unit sales and in dollar sales. Break-Even Point Number of stoves Total sales dollars 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or...
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $90 per unit. Variable expenses are $63 per stove, and fixed expenses associated with the stove total $116,100 per month. Required: 1. Compute the company's break-even point in unit sales and in dollar sales. Break-Even Point Number of stoves Total sales dollars 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,530 DVDS and 4,510 equipment sets. Information on the two products is as follows: Equipment DVDS Sets $7.70 Price $24.50 Variable cost per unit 3.60 15.50 Total fixed cost is $74,550. 1. What is the sales mix of DVDS and equipment sets? Select 3:1 Points: 1/1 2. Compute the break-even quantity of each...
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