Q: On the breakeven graph below what does Line A represent? Break Even Analysis $250,000 $200,000…
A: In economics, break-even analysis is used to determine an output level at which an economy or a firm…
Q: Design 3-year Financial forecast for a car- sharing company The company should be not existed one…
A: Financial forecast: It refers to the management that is done by the companies to manage their…
Q: The world price of zinc has increased to the point where “moth balled” zinc mines in east Tennessee…
A: The total production mine producing 20,000 tons per year (which is at 100% capacity) when zinc sells…
Q: In the LNG business value chain, which of the processes is the most significant cost unit a.…
A: The business value chain starts with the natural gas exploration and production, and in turn…
Q: 1) Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes…
A: A break-even analysis is a financial calculation that weighs the costs of a new business, service or…
Q: A company has planned to have a space with three options lease, buy, and loan. As the equivalent…
A: Introduction EUAC tells about equal uniform annual cost. At 0% interest rate: If you buy a space…
Q: During the production phase of the component-based system, it is important to measure a vendor’s…
A: Production phase of the component-based system, has been to measure and using the vendor’s response…
Q: A company in Denver started a new production line to manufacture a new part. The table below showed…
A: The cost of production is the cost incurred in the process of production in the economy by a firm.…
Q: Change Price to $160 and TFC to $120. Complete and submit the table below. Only this table is…
A: Below is the calculated table.
Q: ABC Manufacturing produces a product for which the annual demand is 10,000 units. Production…
A: Given, Annual demand (D) = 10,000 Units Average Production = 100/day Average demand = 40/day Holding…
Q: A company manufactures dog leashes that sell for $20.97, including shipping and handling. The…
A: Here, given information is: Selling price per unit: $20.97 Fixed cost: $23,202 Variable cost per…
Q: Units of concrete panels produced and sold Sellling price Direct Materials (volume of concrete)…
A: Operating income is an amount determined from the income and expense statement. It is the amount…
Q: mine the breakeven point (lowest sale t which total sales income just equal ction cost).
A: A)First, we make the table, Sales Total Cost($) Total Income($) Profit($) 1 2 3 4 = 3-4 0…
Q: A new coffee stand has opened up outside the GW hospital. The owner of this "Tirm is the operator of…
A: The following are types of costs:Sunk costs,Opportunity costs,Direct costs,Indirect costs,Fixed…
Q: Technological analysis on the ship breaking industry of Turkey. What are the factors that contribute…
A: Shipbreaking – the destroying of old and non-practical boats, or those which cost more to keep in…
Q: You have just moved to a new country to take up a two-year assignment. You need to buy a car and…
A: In new car case Cost of car = $20000 Depreciation= 50% Value of car after 2 years will be $10000…
Q: A contract of sale under CIF port of Okinawa, Incoterm 2020, was entered between a seller based in…
A: Goods were destroyed due to fire and not because of seller.
Q: A specialty coffeehouse sells Columbian coffee for $7 per pound at a fairly steady rate of 320…
A: GIVEN : Selling Price, S.P = $7 per pound Annual Demand, D = 320 pounds Cost of beans, C = $1.80 per…
Q: True or False T 1.→Profit-can be calculated without including fixed costs. 2. All-costs can-be…
A: HI Student, Thanks for posting the question. As per the guideline, we are providing answer for first…
Q: Current assets 10,000 dollars; Stock 2000 dollars; Current Liabilities $ 4000; The quick ratio…
A: Quick ratio = Current assets / [Current liabilities - Inventory (Stock)]
Q: 2. For the estimates below, calculate the following. (a) Breakeven quantity per month. (b) Profit…
A: Breakeven quantity is the quantity at which firm at least cover their cost at this point , means…
Q: Show Timer * Question Completion Status: High Potential for life- cycle cost savings Cumulative…
A: In the given diagram, the lifecycle chart of the summation of different costs is given.
Q: 02/A manufacturing concern produces a product which is sold at a price of $10.5 per unit. The…
A: Profit is the difference between the total revenue and total cost. Whereas Total revenue is total…
Q: 9. For a given component in an MRP plan, under lot-for-lot ordering, planned order sizes are equal…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Use the following information to calculate the change in value that would result if the benchmark…
A: A daily modification to the price of a company's shares is referred to as a value change. The number…
Q: Mr. Ali offers to sell his poultry farm to Mr. Hassan for 5000 OMR Mr. Hassan made a counter- offer,…
A: Contract: It is an agreement between two parties that creates mutual legal obligations.
Q: The total ingredient (food) cost in a recipe is $4.73; the manager desires a 37.5-percent food cost.…
A: *Hi there , since you have posted multiple questions following our guidelines we will only solve 1…
Q: data: Fixed Factory Overhead Cost = 50,000 dollars Fixed Selling Overheads Cost = 10,000 dollars…
A: A) The break-even point in terms of sales value Break-Even point (sales dollars) = Total Fixed Costs…
Q: a) Find the Unit Contribution and the Breakeven Quantity. b) Determine the Total Contribution and…
A:
Q: breakeven point explained
A: Breakeven point (BEP) is the number of units sold, or the revenue, for which there is no profit and…
Q: 3. Scheduling can be included under the scope of Operations Management. (TRUE / FALSE).
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: 4. Company XYZ sells an average of 300 gallons of paint per week at a price of $5 per gallon.…
A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 questions only…
Q: 1.Following is a summary of basic cost and revenue data for an Engineering Consultation Office.…
A:
Q: Dennison Manufacturing makes large helical springs used in aircraft landing gear. The company has…
A: Let the demand = Q Total cost = Fixed cost + Veriable cost
Q: ______6 Mauro Products distributes a single product, a woven basket whose selling price is $17…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: Samantha Ross is the procurement manager for the headquarters of a large Financial company chain…
A: Eoq stands for economic order quantity which can be calculated by the formula:- EOQ = √2×D×O÷C…
Q: 4) A company produces a chemical at a rate of 1000 tons/year with a planned sale price of 0.8 TL /…
A: yearly production = 1000 tons = (1000 x 1000)kg = 10,00,000 kg yearly production cost = total…
Q: Mauro Products distributes a single product, a woven basket whose selling price is $17 and whose…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: A certain firm has the capacity to produce 650,000 units of a certain product per year (max…
A: Profit is the excess revenue over the total cost of production. This can be obtained by subtracting…
Q: It is the sum of all costs that are incurred periodically and continuously in order that the project…
A: Operating costs are the expenses which are related to the operation of a business. Operating costs…
Q: An increase in a firm's scale of production leads to lower costs per unit produced, this will result…
A: The production function depicts the technical association between the quantities of output (Q) that…
Q: Engineering economic analysis can play a role in many types of situations: O a. Making a…
A: Engineering economics is a sub-part of economics that deals with little complex situation where an…
Q: Shredder Frets, a brand new manufacturer of guitars is looking at what price to charge for it's new…
A: The break-even point refers to the point at which the firms work on no profit and no loss situation…
Q: annual fixed costs totaling $240,000 and variable costs of $6 per unit. Each unit of product is sold…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: 1. A furniture store sold picnic chair for $22.95 during a promotional sale. The store bought the…
A: Given: Cost of coffee maker = $36 less 40% and 15% Now the actual cost = 85% of (60% of 36) =…
Q: Engineering economy analysis plays an important role in many situations. Describe THREE (3)…
A: Answer to the question is as follows:
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Martinez Company's relevant range of production is 7,500 units to 12,500 units. The unit costs when it produces and sells 10,000 units are provided in the table. If 12,500 units are sold, what is the variable cost per unit sold? Amount per unit ($) Direct materials 6.00 Direct Labor 3.50 Variable manufacturing overhead 1.50 Fixed manufacturing overhead 4.00 Fixed selling expense 3.00 Fixed administrative expense 2.00 Sales commissions 1.00 Variable adminsitrative expense 0.50Refer to (Total Time = 20 minutes (VA time) + 10 minutes (NVA time) = 30 minutes; Total Cost = $11.67 (VA cost) + $5.417 (NVA cost) = $17.087) the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. The chef's time is valued at $30 per hour, oven operation at $10 per hour, precooking order waiting time at $5 per hour, and postcooking order waiting time at $60 per hour. The $60 estimate reflects the cost of poor quality for a dinner waiting too long that might be delivered to the customer late (and cold). If a restaurant uses iPads to place orders and notify waiters when the customer's order is ready, the time on the order board (now an electronic order board) decreases from five to four minutes, and the prepared order wait time decreases from five to two minutes. Round your answer for the total revised time to the nearest whole number and round your answer for the total revised cost to three decimal…Wiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 10,000 hours for the month. Fixed costs are budgeted at $60,000 for the month. a. Prepare a monthly factory overhead flexible budget for 9,000, 10,000, and 11,000 hours of production. Enter all amounts as positive numbers. Wiki Wiki Company Monthly Factory Overhead Cost Budget-Fabrication Department Line Item Description Direct labor hours Variable factory overhead cost Fixed factory overhead cost Total factory overhead cost Amount Amount Amount 9,000 10,000 11,000 b. How much overhead would be applied to production if 9,000 hours were used in the department during the month? If required, round your calculations to two decimal places and your final answer to the nearest dollar
- 16 The expenses budgeted for production of 1,000 units in a factory are furnished below: Particulars Per Unit OMR. Material Cost 700 Labour Cost 250 Variable overheads 200 Selling expenses (20% fixed) 130 Administrative expenses (OMR. 200,000) 200 Total Cost 1,480 Prepare a budget for production of 800 units assuming administrative expenses are rigid for all level of production. a. OMR 1,239,300 b. OMR 1,229,200 c. OMR 1,350,000 d. OMR 1,250,0004. EMERGENCY! Production just informed management that one of its five glycol squeezers has been destroyed by a rogue computer virus. Production capability is now only 23000 gallons at most. The squeezer cannot be fixed and IceLess cannot afford a replacement. This breakdown will NOT lower fixed costs. This breakdown will not change variable cost per unit, either. If only 23000 gallons are produced, and the earning target remains $94400 above fixed costs, what price per gallon must now be charged? (show your calculations) IceLess is an anti-icing solution sold in gallon plastic jugs. It is poured into the windshield washer bottle of your car. Wash your windshield and the solution prevents the glass from icing over for about four hours. Production incurs the following fixed and variable costs. It is priced initially at $5.50 per gallon. Fixed costs (per year) Variable Costs per gallon Rent: $18000 Glycol: $1.50…Automobile traffic creates two types of operating costs thatare not created by rail traffic. What are they?
- Seastrand Oil Company produces two grades of gasoline: regular and high octane. Both gasolines are produced by blending two types of crude oil. Although both types of crude oil contain the two important ingredients required to produce both gasolines, the percentage of important ingredients in each type of crude oil differs, as does the cost per gallon. The percentage of ingredients A and B in each type of crude oil and the cost per gallon are shown. Crude Oil Cost Ingredient A Ingredient B 1 $0.10 20% 60% 2 $0.15 50% 30% Each gallon of regular gasoline must contain at least 40% of ingredient A, whereas each gallon of high octane can contain at most 50% of ingredient B. Daily demand for regular and high-octane gasoline is 800,000 and 600,000 gallons, respectively. How many gallons of each type of crude oil should be used in the two gasolines to satisfy daily demand at a minimum cost? Round your answers to the nearest whole number. Round the answers for cost to the nearest…Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given the information provided below, complete the following table: Annual demand 26,000 dozen Cost per order placed P30 Carrying cost 20% Price per dozen P7.80 Order Size (Dozen) 250 500 1,000 2,000 13,000 26,000 Number of orders Average inventory Carrying cost Order cost Total cost What is the EOQ?What type of cost is included in economic costs, but not included in accounting costs?a. Explicit costsb. Negative costsc. Normal profitd. Marginal coste. Unit costs
- Q.(i) . Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(a) Sales to earn profit of Rs. 8000.(b) Also show the BEPs in Breakeven chart. Q.(ii). Use the following information and explain that how the reduction in selling pricewould affect the MOS?Particulars Rs.Selling price per unit 40Material per unit 12Labour per unit. 8Variable Overheads per unit 4Total Fixed cost is Rs. 8, 000. Full capacity of the Plant is 5, 000 units.Reduced selling price is Rs. 32 per unit.An explicit cost is: Select one: a) An implicit cost to the factor of production owner who recieves that payment b) a money payment made for factors of production not owned by the firm itself c) is the cost of the forgone alternative incurred by the individual after making choices d) omitted when accounting profits are calculated e) always in excess of a factor of production's oppurtunity costProblem 6Cannes Croissants (not a real company) wishes to determine the optimum production quantity for its topselling product, almond croissants. The annual demandfor almond croissants is 12,000 units. The setup costs fora production run of the croissants is US$15. The holdingcost per unit per year is US$0.50. Production is mostefficient when 80 croissants are produced per day. Thecompany operates 300 days during a year.a What is the economic production quantity (EPQ)?b How many production runs will there by per year?c What is the maximum inventory level?d What is the total annual cost (in US dollars)?e What is the length of a production run in days?