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1 Toys-4-U manufactures a toy that it sells for $30 each. The variable cost per toy is $15 and the fixed costs for this product line are $96,000 per year. They estimate they can produce 10,240 toys per production period. a. What is the break-even point in units? Break-even point ]toys per year b. What is the break-even sales revenue? Break-even sales revenue ]per year c. What is the break-even volume as a percent of capacity? (Round your answer to 1 decimal place.) Break-even volume 1% d. What would their net income be if they sold 9,200 toys? Net income e. What level of output is required to have a net income of $24,000? Level of output ]toys per year

1 Toys-4-U manufactures a toy that it sells for $30 each. The variable cost per toy is $15 and the fixed costs for this product line are $96,000 per year. They estimate they can produce 10,240 toys per production period. a. What is the break-even point in units? Break-even point ]toys per year b. What is the break-even sales revenue? Break-even sales revenue ]per year c. What is the break-even volume as a percent of capacity? (Round your answer to 1 decimal place.) Break-even volume 1% d. What would their net income be if they sold 9,200 toys? Net income e. What level of output is required to have a net income of $24,000? Level of output ]toys per year

College Algebra (MindTap Course List)
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Publisher:R. David Gustafson, Jeff Hughes
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1 Toys-4-U manufactures a toy that it sells for $30 each. The variable cost per toy is $15 and the fixed costs for this product line are $96,000 per year. They estimate they can produce 10,240 toys per production period. a. What is the break-even point in units? Break-even point toys per year b. What is the break-even sales revenue? Break-even sales revenue per year c. What is the break-even volume as a percent of capacity? (Round your answer to 1 decimal place.) Break-even volume d. What would their net income be if they sold 9,200 toys? Net income e. What level of output is required to have a net income of $24,000? Level of output toys per year
Transcribed Image Text:1 Toys-4-U manufactures a toy that it sells for $30 each. The variable cost per toy is $15 and the fixed costs for this product line are $96,000 per year. They estimate they can produce 10,240 toys per production period. a. What is the break-even point in units? Break-even point toys per year b. What is the break-even sales revenue? Break-even sales revenue per year c. What is the break-even volume as a percent of capacity? (Round your answer to 1 decimal place.) Break-even volume d. What would their net income be if they sold 9,200 toys? Net income e. What level of output is required to have a net income of $24,000? Level of output toys per year
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