Question

Answer both of the following Roman numeral questions (I, II). Equal credit. A company has fixed cost of $44,000, variable cost per unit of S12, and sells its product at S19 each a. What quantity must the firm sell in order to break even? Explain how you reached this conclusion. b. What quantity must the firm sell in order to make a profit of $43,000? Explain how you reached this conclusion Hello I need help with this question. Please answer both questions and please show all work so I have a better understanding how to better do this. Thanks please show all work.
0 0
Add a comment Improve this question Transcribed image text
Answer #1

a) Break even quanity = Fixed Cost/[ Selling price- Cost price] = 44000/[19-12]=44000/7= 6285.7

6286 must be sold

b) Profit+Fixed cost = 44000+43000=87000

Quanity = 87000/7=12428.57

Add a comment
Know the answer?
Add Answer to:
Hello I need help with this question. Please answer both questions and please show all work...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Hello all, I need an expert in organic chemistry to help with this practice question. Please...

    Hello all, I need an expert in organic chemistry to help with this practice question. Please give answer the question below. Please explain your answers for each drug separately. Please I need your honest answer to this question. Thank you. The question is as stated below; Hello all, I need an expert in organic chemistry to help with this practice question. Please give answer the question below. Please explain your answers for each drug separately. Please I need your honest...

  • Hello! I need help solving these problems for engineering economy. Please show the full solution and...

    Hello! I need help solving these problems for engineering economy. Please show the full solution and all work for BOTH PROBLEMS. please write neatly and large (the resolution of photos on the site are low). please be as detailed as possible and answer BOTH questions. Thank you 6. Develop an equation to solve (NO NEED to solve it) for the equivalent future worth for the year 15t, using a nominal interest rate of 10% compounded. (You must use a gradient...

  • Hello, I need help figuring out how to do this problem!? Please show all work as...

    Hello, I need help figuring out how to do this problem!? Please show all work as I want to learn how to get to the answer. Thank you ****For the first answer I get 1.25 and my book says 89th percentile, how do I know 1.25 is 89th percentile ??? Given that a population of scores is normally distributed with determine the following: 10 and ơ 8. a. The percentile rank of a score of 120 b. The percentage of...

  • Please show work and explain work for both questions for a full rating. Thank you. Question...

    Please show work and explain work for both questions for a full rating. Thank you. Question 1 When the price of a good increases, George reduces his quantity demanded by 6 units due to substitution effect and increases his quantity demanded by 2 units due to income effect. For George, therefore, this must be: A. A normal good B. An inferior good C. A Giffen good D. Either a normal good or an inferior good E. None of the above...

  • Please also show your work and answer all the questions . 1. Answer the following question:...

    Please also show your work and answer all the questions . 1. Answer the following question: - a) Please convert the IP address 198.100.60.5 into binary numbers, in four octets. Please show your work to demonstrate an understanding of decimal to binary conversion. b) Using the IP address 198.100.60.5 and subnet mask of 255.255.255.0 (i.e. /24), what would be the Network ID and the Broadcast Address in decimal numbers? Gurpreet Kaur Bhandari Page 2 of 4 c) Using the IP...

  • I need help with this question. Please show all work and calculations and explain your answers...

    I need help with this question. Please show all work and calculations and explain your answers properly. The portfolio managers of a firm determined that over the next year interest-sensitive assets are in the amount of $1.5 billion while interest-sensitive liabilities are in the amount of $1.8 billion. Moreover, when considering all of the firm's assets and liabilities, they determined that the average duration of assets is 3.6 years while the average duration of liabilities is 4.0 years. The firm?s...

  • Hello, I need help with the questions below. And, can you show your work so I...

    Hello, I need help with the questions below. And, can you show your work so I can understand how you got your answer. Without the work, I won't be able to comprehend how you split the subnets. Please and thank you. Name Day/Night Homework 5 Subnetting For the Class A network 5.0.0.0 which has been subnetted into 2 subnets, fill in the following chart (dotted decimal). Show your work. (6 points) Network Address Broadcast Address Host Address Range First Subnet...

  • Hello, I need help with the following Discrete problem. Please show your work, thank you! 12....

    Hello, I need help with the following Discrete problem. Please show your work, thank you! 12. Select a theta notation from among (1), (n), (n?), (nº), (n), (2"), or (n!) for each of the expressions (a) 4n + 2n? -5 (b) 13 + 2 +...+ n (c) Prove you are correct for both parts a and b above

  • Hello! I need help solving these problems for engineering economy. Please show the full solution and...

    Hello! I need help solving these problems for engineering economy. Please show the full solution and all work for BOTH PROBLEMS. please write neatly and large (the resolution of photos on the site are low). please be as detailed as possible and answer BOTH questions. Thank you 3. What series of payment is equivalent to a future amount of $3,000 in 12 years at 10% compound semiannually, when payments are annual? 5. A woman is planning to retire in 30...

  • PLEASE HELP!! I need all solutions and calculations on BOTH! There are TWO questions! Show that:...

    PLEASE HELP!! I need all solutions and calculations on BOTH! There are TWO questions! Show that: o(n2) = no(n) Let p and q be two different prime numbers, show that. q-1 Pa

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT