Homework Answers
Annual fixed cost = 82900 * (A/P, 10%,10) = 82900 * 0.162745 = 13491.59 ~ 13492
For breakeven, let quantity be n, then
13492 + 31.50 * n = 36 * n
n = 13492 / (36 - 31.50) = 2998.22 = 2999 (we did not round it to 2998 as at 2998, firm will not breakeven)
Add Answer to:
this question is already posted, but the answer is wrong. The
answer is NOT $8290 and...
3. Cam, Inc. currently sells widgets for $80 per unit. The variable cost is $30 per...
3. Cam, Inc. currently sells widgets for $80 per unit. The variable cost is $30 per unit and total fixed costs equal $240,000 per year. Sales are currently 20,000 units annually Required Calculate the bontribution margin ratio (round your answer to xxx%). b. Calculate break-even in units. c. Calculate the break-even in sales dollars d. Calculate the current operating income assuming no income taxes. The company is considering a 20% drop in selling price that it believes will raise units...
****Please calculate the NPV in the table - NOTE the wrong answers I have already submitted...
****Please calculate the NPV in the table - NOTE the wrong answers I have already submitted in the table. Please then calculate the sensitivity in B. Note my incorrect answer I have already submitted. Thanks! You are considering a new product launch. The project will cost $2,300,000, have a 4-year life, and have no salvage value; depreciation is straight-line to 0. Sales are projected at 160 units per year; price per unit will be $30,000; variable cost per unit will...
Need help with the wrong answers The Fashion Shoe Company operates a chain of women's shoe...
Need help with the wrong answers
The Fashion Shoe Company operates a chain of women's shoe shops that carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a sales commission on each pair of shoes sold plus a small base salary. The following data pertains to Shop 48 and is typical of the company's many outlets Per Pair of Shoes $ 30.00 Selling price Variable expenses: $ 13.50 Invoice...
Answer both questions Problem 13.018: Calculate fixed cost for one alternative in order to maintain a...
Answer both questions
Problem 13.018: Calculate fixed cost for one alternative in order to maintain a breakeven in total costs of two alternatives Process A has a fixed cost of $175,000 per year and a variable cost of $51 per unit. For Process B, 10 units can be produced in 1 day at a cost of $280. If the company's MARR is 10% per year, what will the annual fixed cost have to be for Process B in order for...
please show details 10 Orange Company produces E-Reader. The following cost information from last year is...
please show details
10 Orange Company produces E-Reader. The following cost information from last year is available: Fixed cost Variable cost Selling price Units sold S6 per unit $45 per unit $60 per unit 20.000 units ou The company is considering a higher resolution of display. The use of higher resolution display would result in the following: Increase in variable cost Elimination of one quality inspector whose annual salary is Annual sales in units will increase to S6 per unit...
Help with Question 2, do a CVP Analysis. Include an explanation on the side so that...
Help with Question 2, do a CVP Analysis. Include an explanation on
the side so that I can understand what you did.
Fancy Millwork has a factory that produces custom kitchen cabinets. It has multiple product lines ment, we Materials and labor for the cabinets are determined by each job. To simplify the assign ill assume the following average costs e following information shows Fancy Millwork's cost structure of 2018. The materials include S2,000 for a custom kitchen. The hourly...
18. Which of the following statements is wrong regarding the break-even analysis approach to investment appraisal?...
18. Which of the following statements is wrong regarding the break-even analysis approach to investment appraisal? a. Break-even analysis is used to find out how far off the estimates could be before the project begins to lose money b. The marginal cost of sales will have to be incurred whether the goods are c. Order maybe accepted below the normal selling price when the order will d. manufactured or purchased, so we can ignore the marginal cost of sales. result...
Please help answer 7-10. 5 and 6 are worked out already. posted answers for reference Product...
Please help answer 7-10. 5 and 6 are worked out already. posted
answers for reference
Product Z is sold to wholesalers for $5.43 and sold to end
consumers for $9.99. The size of the market is $34,000,000 annually
(based on retail sales); product Z’s share (in dollars) of this
market is 28%. The fixed costs involved in manufacturing and
managing Product Z are $1,200,000 and the variable costs involved
in manufacturing and managing Product Z are $0.91 per unit. The...
please answer all 4 multiple choice questions Which of the following equations is used to calculate...
please
answer all 4 multiple choice questions
Which of the following equations is used to calculate the break-even units? a. Break-Even Units = Total Fixed Cost / Price per Unit b. Break-Even Units = Total Fixed Cost / Variable Cost per Unit c. Break-Even Units = Total Variable Cost / (Price - Fixed Cost per Unit) d. Break-Even Units = Total Fixed Cost / (Price - Variable Cost per Unit) CE Contribution margin is the difference between: O a. sales...
Could someone please help me answer this question? Thank you! Chuck Wagon Grills, Inc., makes a...
Could someone please help me answer this question? Thank
you!
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $200. Data for last year's operations follow: 9,900 8,400 1,500 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs...
3. Cam, Inc. currently sells widgets for $80 per unit. The variable cost is $30 per unit and total fixed costs equal $240,000 per year. Sales are currently 20,000 units annually Required Calculate the bontribution margin ratio (round your answer to xxx%). b. Calculate break-even in units. c. Calculate the break-even in sales dollars d. Calculate the current operating income assuming no income taxes. The company is considering a 20% drop in selling price that it believes will raise units...
Need help with the wrong answers
The Fashion Shoe Company operates a chain of women's shoe shops that carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a sales commission on each pair of shoes sold plus a small base salary. The following data pertains to Shop 48 and is typical of the company's many outlets Per Pair of Shoes $ 30.00 Selling price Variable expenses: $ 13.50 Invoice...
Answer both questions
Problem 13.018: Calculate fixed cost for one alternative in order to maintain a breakeven in total costs of two alternatives Process A has a fixed cost of $175,000 per year and a variable cost of $51 per unit. For Process B, 10 units can be produced in 1 day at a cost of $280. If the company's MARR is 10% per year, what will the annual fixed cost have to be for Process B in order for...
please show details
10 Orange Company produces E-Reader. The following cost information from last year is available: Fixed cost Variable cost Selling price Units sold S6 per unit $45 per unit $60 per unit 20.000 units ou The company is considering a higher resolution of display. The use of higher resolution display would result in the following: Increase in variable cost Elimination of one quality inspector whose annual salary is Annual sales in units will increase to S6 per unit...
Help with Question 2, do a CVP Analysis. Include an explanation on
the side so that I can understand what you did.
Fancy Millwork has a factory that produces custom kitchen cabinets. It has multiple product lines ment, we Materials and labor for the cabinets are determined by each job. To simplify the assign ill assume the following average costs e following information shows Fancy Millwork's cost structure of 2018. The materials include S2,000 for a custom kitchen. The hourly...
18. Which of the following statements is wrong regarding the break-even analysis approach to investment appraisal? a. Break-even analysis is used to find out how far off the estimates could be before the project begins to lose money b. The marginal cost of sales will have to be incurred whether the goods are c. Order maybe accepted below the normal selling price when the order will d. manufactured or purchased, so we can ignore the marginal cost of sales. result...
Please help answer 7-10. 5 and 6 are worked out already. posted
answers for reference
Product Z is sold to wholesalers for $5.43 and sold to end
consumers for $9.99. The size of the market is $34,000,000 annually
(based on retail sales); product Z’s share (in dollars) of this
market is 28%. The fixed costs involved in manufacturing and
managing Product Z are $1,200,000 and the variable costs involved
in manufacturing and managing Product Z are $0.91 per unit. The...
please
answer all 4 multiple choice questions
Which of the following equations is used to calculate the break-even units? a. Break-Even Units = Total Fixed Cost / Price per Unit b. Break-Even Units = Total Fixed Cost / Variable Cost per Unit c. Break-Even Units = Total Variable Cost / (Price - Fixed Cost per Unit) d. Break-Even Units = Total Fixed Cost / (Price - Variable Cost per Unit) CE Contribution margin is the difference between: O a. sales...
Could someone please help me answer this question? Thank
you!
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $200. Data for last year's operations follow: 9,900 8,400 1,500 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs...
Most questions answered within 3 hours.
-
If for a test the P-value is between 0.0025 and 0.005, what
conclusion can you draw?...
asked 10 minutes ago -
Using Python. Write a function clean2(aList) that takes a list
of integers aList as argument, and...
asked 15 minutes ago -
Intrapreneurship is defined as the
development of an enterprise culture with an existing (Nandan,
2009). An...
asked 29 minutes ago -
QUESTION 1 Tamiflu is a drug used to treat influenza. A study
found that Tamiflu reduced...
asked 33 minutes ago -
Which of the following would be less likely to be used to
allocate factory overhead when...
asked 39 minutes ago -
Transverse pulses travel with a speed of 195 m/s along a taut
copper wire whose diameter...
asked 38 minutes ago -
Sampling for Engineers Homework question 11.51
Suppose that Y1;Y2;Y3;Y4 denote a random sample from a
Poisson(θ)...
asked 41 minutes ago -
Which of the following is cleaved by regulated intramembrane
proteolysis (RIP)? Select any/all answers that apply....
asked 41 minutes ago -
Random characters You decide to create a program characters.py
that fills a two-dimensional list with random...
asked 53 minutes ago -
What are the major sources of error in your determination of the
molar mass? Select all...
asked 57 minutes ago -
A. Suppose your manager indicates that for a normally
distributed data set you are analyzing, your...
asked 1 hour ago -
During the month of August, the average temperature of a lake
next to a local college...
asked 1 hour ago