if you could add the equations used to find each that would be helpful. New Business...
All About You Many of you will some day own your own business. One rapidly growing opportunity is no-frills workout centers. Such centers attract customers who want to take advantage of state-of-the-art fitness equipment but do not need the other amenities of full-service health clubs. One way to own your own fitness business is to buy a franchise. Snap Fitness is a Minnesota-based business that offers franchise opportunities. For a very low monthly without an annual contract), customers can access...
Many of you will some day own your own business. One rapidly growing opportunity is no-frills workout centers. Such centers attract customers who want to take advantage of state-of-the-art fitness equipment but do not need the other amenities of full-service health clubs. One way to own your own fitness business is to buy a franchise. Snap Fitness is a Minnesota-based business that offers franchise opportunities. For a very low monthly fee ($26, without an annual contract), customers can access a...
Can you show me the forumlas or equations to get the answers?
How to find the sale price, units, sales, break-even area and the
contribution margin area?
2. Based on the break-even sales (units) in part (1), determine the unit sales of both the 70% The estimated fixed costs for the current year are $46,800. Instructions 1. Determine the estimated units of sales of the overall (total) product, E, necessary to reach the break-even point for the current year. 3....
Tracy Stevens opened a hair salon, named “Tracy Trims” specializing in trims that maintain customer’s hairstyles. The only service available at Tracy’s Trims is minor variations on a “30 minute” haircut for which the customer is charged $20. The shop has five (5) newly trained “trimmers.” (Tracy does not work in the salon. And, as owner/entrepreneur, she takes no salary.) Her annual cost structure is as follows: Trimmer annual salary (per person): $36,000 Leases equipment cost per year: 2,400...
Tracy Stevens opened a hair salon, named "Tracy Trims specializing in trims that maintain customer's hairstyles. The only service available at Tracy's Trims is minor variations on a "30 minute" haircut for which the customer is charged $20. The shop has five (5) newly trained "trimmers. (Tracy does not work in the salon. And, as owner/entrepreneur, she takes no salary.) Her annual cost structure is as follows: Trimmer annual salary (per person): $36,000 Leases equipment cost per year: 2.400 Store...
It would be great if you could also list the formulas
used. Thank you in advance!
Comprehensive Problem 9-26. Stone Wood Products has a capital structure of 35 percent debt and 65 percent common equity. The managers consider this mix to be optimal and want to maintain it in the future. Net income for the coming year is expected to be $1.2 million dollars. Duke Mantee, the loan officer at the local bank, has set up the following schedule for...
You have been approached by a potential client who could bring you considerable business. She says, "I'd like to find an alternative vendor for my future orders of 5,000/yr., but their pricing must be competitive." Your CFO has supplied you with the following information. Current product standard costs are as follows: Selling price per unit: $5,000 $1,400/unit direct material $400/unit direct labor $200/unit variable overhead $200/unit fixed overhead (this figure is the result of the budgeted fixed overhead of $2,000,000...
Dr. Santiago and two of his colleagues are considering opening a new urgent care clinic in a large metropolitan area. Their intent is to provide easy access for patients by having the clinic open 360 days per year, 16 hours each day from 7 a.m. to 11 p.m. The urgent care center would be staffed by a physician, medical assistant, and patient service coordinator for each of the two 8-hour shifts. In order to determine the feasibility of the project,...
Simple as Pie Break-Even Analysis Rob and Joan Russell started baking pies from their home eight years ago. Their business idea was simple: There were no top-quality pies sold commercially in their mid-sized New England town. They produced no plan, no budget, and gave no thought to how much capital this venture would require. Their pies were indeed great and with little effort they built a customer base of individuals and restaurants that wanted the best and were willing to...
You have been approached by a potential client who could bring you considerable business. She says, "I'd like to find an alternative vendor for my future orders of 5,000/yr., but their pricing must be competitive." Your CFO has supplied you with the following information. Current product standard costs are as follows: Selling price per unit: $5,000 $1,400/unit direct material $400/unit direct labor $200/unit variable overhead $200/unit fixed overhead (this figure is the result of the budgeted fixed overhead of $2,000,000...