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O'Reilly Motors is a small car dealership. On average, it sells a car for $31,000, which it purchases from the manufacturer for $27,000. Each month, O'Reilly Motors pays $51,600 in rent and utilities and $73,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $600 for each car they sell. O'Reilly Motors also spends $8,000 each month for local advertisements. Its tax rate is 40%. Read the requirements. Requirement 1. How many cars must O'Reilly...
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O'Reilly Motors is a small car dealership. On average, it sells a car for $27,000, which it purchases from the manufacturer for $23,000. Each month, O'Reilly Motors pays $48,200 in rent and utilities and $68,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $600 for each car they sell. O'Reilly Motors also spends $13,000 each month for local advertisements. Its tax rate is 40%. Read the requirements. Requirement 1. How many cars must O'Reilly...
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Question 1 Brooke Motors is a small car dealership. On average, it sells a car for $27,000, which it purchases from the manufacturer for $23,000. Each month, Brooke Motors pays $48,200 in rent and utilities and $68,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $600 for each car they sell. Brooke Motors also spends $13,000 each month for local advertisements. Its tax rate is 40%. Required: 1. How many cars must Brooke Motors...
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please complete all 4 parts. & formula. Thank you.
الا الك||||اله لاله ای Question Holo Schoenen Motors is a small car dealership. On average, it sells a car for $27.000, which a purchases from the manufacturer for $23,000. Each month, Schoenen Motors pays $18,200 incent and utilities and 500.000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of 600 for each car they sell Schoenen Motors also spends $13,000 each month for local advertisements. Its...
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Right Fit Jeans Co.sels blue jeans wholesale to major retailers across the country. Each pair of jeans has a selling price of $30 with $20 in variable costs of goods sold. The company has fixed manufacturing costs of $1,150.00 marketing costs of $250,000. Sales commissions are paid to the wholesale sales reps at 10% of revenues. The company has an income tax rate of 25% Read the events 0 Requirements Requirement 1. How many jeans must Right FR sell in...
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Marlin Motors sells a single product with a selling price of
$490 with variable costs per unit of $196. The company's monthly
fixed expenses are $52,920.
C. Prepare a contribution margin income
statement for the month of November when they will sell 140 units.
Use a minus sign for a net loss if present.
Income Statement
Sales
$
Variable Costs
Contribution Margin
$
Fixed Costs
Net Loss
$
D. How many units will Marlin need to sell in
order to...
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Stan's Scooters plans to sell a standard scooter for $120 and a chrome scooter for $160. Stan's purchases the standard scooter for $30 and the chrome scooter for $40. Stan's expects to sell one standard scooter for every three chrome scooters. Stan's monthly fixed costs are $85,500 Read the requirements Requirement 1. How many of each type of scooter must Stan's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the...
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Smartie's Scooters plans to sell a standard scooter for $90 and a chrome scooter for $120. Smartie's purchases the standard scooter for $45 and the chrome scooter for $30. Smartie's expects to sell one standard scooter for every three chrome scooters. Smartie's monthly fixed costs are $69,300. Read the requirements. Requirement 1. How many of each type of scooter must Smartie's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the...
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Stan's Scooters plans to sell a standard scooter for $800 and a chrome scooter for $1250. Stan's purchases the standard scooter for $600 and the chrome scooter for $550. Stan's expects to sell one standard scooter for every three chrome scooters. San's monthly fixed costs are $598,000. Read the requirements Requirement 1. How many of each type of scooter must Stan's Scooters sel each month to break even? Start by selecting the formula and entering the amounts to compute the...
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Speedy's Scooters plans to sell a standard scooter for $250 and a chrome scooter for $300. Speedy's purchases the standard scooter for $125 and the chrome scooter for $150. Speedy's expects to sell one standard scooter for every three chrome scooters. Speedy's monthly fixed costs are $158,125. Read the requirements. ( $ 158,125 + $ 0 )/ $ 143.75 = 1,100 How many of each type of scooter must Speedy's Scooters sell each month to break even? Speedy's must sell...
O'Reilly Motors is a small car dealership. On average, it sells a car for $31,000, which it purchases from the manufacturer for $27,000. Each month, O'Reilly Motors pays $51,600 in rent and utilities and $73,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $600 for each car they sell. O'Reilly Motors also spends $8,000 each month for local advertisements. Its tax rate is 40%. Read the requirements. Requirement 1. How many cars must O'Reilly...
O'Reilly Motors is a small car dealership. On average, it sells a car for $27,000, which it purchases from the manufacturer for $23,000. Each month, O'Reilly Motors pays $48,200 in rent and utilities and $68,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $600 for each car they sell. O'Reilly Motors also spends $13,000 each month for local advertisements. Its tax rate is 40%. Read the requirements. Requirement 1. How many cars must O'Reilly...
Question 1 Brooke Motors is a small car dealership. On average, it sells a car for $27,000, which it purchases from the manufacturer for $23,000. Each month, Brooke Motors pays $48,200 in rent and utilities and $68,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $600 for each car they sell. Brooke Motors also spends $13,000 each month for local advertisements. Its tax rate is 40%. Required: 1. How many cars must Brooke Motors...
please complete all 4 parts. & formula. Thank you.
الا الك||||اله لاله ای Question Holo Schoenen Motors is a small car dealership. On average, it sells a car for $27.000, which a purchases from the manufacturer for $23,000. Each month, Schoenen Motors pays $18,200 incent and utilities and 500.000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of 600 for each car they sell Schoenen Motors also spends $13,000 each month for local advertisements. Its...
Right Fit Jeans Co.sels blue jeans wholesale to major retailers across the country. Each pair of jeans has a selling price of $30 with $20 in variable costs of goods sold. The company has fixed manufacturing costs of $1,150.00 marketing costs of $250,000. Sales commissions are paid to the wholesale sales reps at 10% of revenues. The company has an income tax rate of 25% Read the events 0 Requirements Requirement 1. How many jeans must Right FR sell in...
Stan's Scooters plans to sell a standard scooter for $120 and a chrome scooter for $160. Stan's purchases the standard scooter for $30 and the chrome scooter for $40. Stan's expects to sell one standard scooter for every three chrome scooters. Stan's monthly fixed costs are $85,500 Read the requirements Requirement 1. How many of each type of scooter must Stan's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the...
Smartie's Scooters plans to sell a standard scooter for $90 and a chrome scooter for $120. Smartie's purchases the standard scooter for $45 and the chrome scooter for $30. Smartie's expects to sell one standard scooter for every three chrome scooters. Smartie's monthly fixed costs are $69,300. Read the requirements. Requirement 1. How many of each type of scooter must Smartie's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the...
Stan's Scooters plans to sell a standard scooter for $800 and a chrome scooter for $1250. Stan's purchases the standard scooter for $600 and the chrome scooter for $550. Stan's expects to sell one standard scooter for every three chrome scooters. San's monthly fixed costs are $598,000. Read the requirements Requirement 1. How many of each type of scooter must Stan's Scooters sel each month to break even? Start by selecting the formula and entering the amounts to compute the...
Speedy's Scooters plans to sell a standard scooter for $250 and a chrome scooter for $300. Speedy's purchases the standard scooter for $125 and the chrome scooter for $150. Speedy's expects to sell one standard scooter for every three chrome scooters. Speedy's monthly fixed costs are $158,125. Read the requirements. ( $ 158,125 + $ 0 )/ $ 143.75 = 1,100 How many of each type of scooter must Speedy's Scooters sell each month to break even? Speedy's must sell...