Homework Answers
| a) | Breakeven point in bags = Fixed cost/ Contribution margin per bag = 80000/(10-50*0.10) = | 16000 | bags |
| b) | Loss on 12000 bags = Total contribution margin-Fixed costs | ||
| [CM per unit = 10-50*0.10 = $5] | |||
| Loss on 12000 bags = 12000*5-80000 = | $ -20,000 | ||
| Profit on 25000 bags = 25000*5-80000 = | $ 45,000 | ||
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Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The...
Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The...
Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $80,000, while the variable costs of grapes are $0.10 per pound. a. What is the break-even point in bags? (Round your answer to 2 decimal places.) b. Calculate the profit or loss (EBIT) on 13,000 bags and on 35,000 bags.
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Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $95,000, while the variable costs of grapes are $.10 per pound a. What is the break-even point in bags? Break-even bags nt b. Calculate the profit or loss (EBIT) on 15,000 bags and on 35,000 bags. Bags Profit/Loss Amount 15,000 35,000 c. What is the degree of operating leverage at 23,000 bags and at 35,000 bags? (Round your...
Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The...
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Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The...
Healthy Foods Inc. sells 50-pound bags of grapes to the military
for $10 a bag. The fixed costs of this operation are $90,000, while
the variable costs of grapes are $0.10 per pound.
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Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $95,000, while the variable costs of grapes are $.10 per pound a. What is the break-even point in bags? Break-even bags nt b. Calculate the profit or loss (EBIT) on 15,000 bags and on 35,000 bags. Bags Profit/Loss Amount 15,000 35,000 c. What is the degree of operating leverage at 23,000 bags and at 35,000 bags? (Round your...
Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $95,000, while the variable costs of grapes are $.10 per pound a. What is the break-even point in bags? Break-even bags nt b. Calculate the profit or loss (EBIT) on 15,000 bags and on 35,000 bags. Bags Profit/Loss Amount 15,000 35,000 c. What is the degree of operating leverage at 23,000 bags and at 35,000 bags? (Round your...
Healthy Foods Inc. sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $80,000, while the variable costs of grapes are $0.10 per pound. a. What is the break-even point in bags? (Round your answer to 2 decimal places.) Break-even point 16,000.00 bags b. Calculate the profit or loss (EBIT) on 13,000 bags and on 35,000 bags. Profit/Loss Amount Bags 13,000 35,000 c. What is the degree of operating leverage at...
Healthy Foods Inc. sells 50-pound bags of grapes to the military
for $10 a bag. The fixed costs of this operation are $90,000, while
the variable costs of grapes are $0.10 per pound.
answer to 2 dec Break-even point bags b. Calculate the profit or loss (EBIT) on 10,000 bags and on 35,000 bags. Profit/Loss Amount Bags 10,000 35,000 c. What is the degree of operating leverage at 24,000 bags and at 35,000 bags? (Round your answers to 2 decimal...
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