7. A gardener sells herbal plants at Php38 per pack, selling all that he harvests. His fixed cost is Php5,200 and his variable cost is Php8.75 per pack. A. What is the revenue, cost and profit functions? B. How many packs of herbal plants must the gardener sell to break-even? C. How many packs of herbal plants must the gardener sell to get a profit of Php7,500? D. How many packs of herbal plants must the gardener sell and incur a loss of Php2,000?

7. A gardener sells herbal plants at Php38 per pack, selling all that he harvests. His fixed cost is Php5,200 and his variable cost is Php8.75 per pack. A. What is the revenue, cost and profit functions? B. How many packs of herbal plants must the gardener sell to break-even? C. How many packs of herbal plants must the gardener sell to get a profit of Php7,500? D. How many packs of herbal plants must the gardener sell and incur a loss of Php2,000?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Rolf's Golf store sells golf balls for 27 per dozen. The store's overhead expenses are 28% of cost and the owners require a profit of 22% of cost. a. How much does Rolf's Golf store buy the golf balls for? b. What is the price needed to cover all the costs and expenses? c. What is the highest rate of markdown at which the store will still break even?
Unan Inc. has decided to focus strictly on producing and selling one type of pillow. For the coming year, Unan hopes to make 25% profit on sales. Fixed costs are set at Php51,000 and variable costs per unit is Php9.50. If pillows are sold at Php15.00 each, how many pillows must be sold to meet the profit goal?
Rolf's Golf store sells golf balls for $27 per dozen. The store's overhead expenses are 26% of cost and the owners require a profit of 18% of cost. a. How much does Rolf's Golf store buy the golf balls for? _____per dozen b. What is the price needed to cover all the costs and expenses? c. What is the highest rate of markdown at which the store will still break even? d. What markdown rate would price the golf balls at cost?
a. A retailer buys flowers at ₱1,400 per bouquet. She sells them for ₱2,000 per bouquet. How much is the peso markup and what is the percent markup if it is based on cost? Find the gross margin. b. In another instance, a seller buys roses for ₱50 each. He sells it for ₱80 each. How much is the peso markup and what is the percent markup if it is based on sales? What is the gross margin.
Food From Heaven, Inc. (FFHI) sells loose biscuits for P5 per unit. The fixed costs are 210,000 and the variable costs are P55% of the selling price. What would be the amount of sales if FFHI were to realize a profit of 15% of sales?
#7 Banachek, Inc. produces hair brushes. The selling price is P20 per unit and the variable costs are P8 per brush. Fixed costs per month are P4,800. If Banachek sells 15 more units beyond breakeven, how much does profit increase as a result?
Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a mark-up of 40% of the selling price, D. If overhead expenses are at 27% of the cost, what is the break-even price of the TV set? E. If the TV set is sold at PhP7,500, how much profit or loss is incurred by Appliance Store? pls. show all the solutions
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $6, and each clock sells for $24. The company’s fixed costs total $6,660.How many units must Juniper sell to earn a profit of at least $5,400?
Riley is interested in buying a local coffee shop and wants to determine its profitability potential. To do so, his first step is to calculate the break-even point. This will tell Riley at what level of sales he will start to make a profit. The current business owner provided the following information: income statement total per unit Units 44,000 1 Sales $220,000 $5.00 Cost of Sales(variable expenses) 88,000 2.00 Gross Margin 132,000 3.00 Operating Costs(fixed expneses) 125,500 2.85 Net Profit 6,500 15 Calculate break-even based on units. Using the information from the income statement provided, calculate number of units which must be sold to break-even.…
The Teacup Express has computed its fixed costs to be $.27 for every cup of tea it sells given annual sales of 739,000 cups. The sales price is $.99 per cup while the variable cost per cup is $.12. How many cups of tea must it sell to break even on a cash basis? Multiple choice:. 146,472 167,630 251,910 229,345 184,806
The flowers cost the store $9.50 for each arrangement. The vase costs $8. The florists are paid $12 an hour, and they can make about three of these arrangements per hour, so labor cost is about $4 per arrangement. Rent for the store and overhead expenses for utilities and salaries for sales people and executives total about $125,000 per year. Based on market conditions and an analysis of demand, Pete expects to be able to sell 3,000 arrangements in one year. He would like to achieve a return on sales of 12%. Estimate the Break-Even point (in number of arrangements) for three prices: $60 $70 $80 Calculate the unit cost of each arrangement at three demand levels: 2,500 arrangements 3,000 arrangements 3,500 arrangements Calculate the cost-plus price based on a return of 0% and based on a return of 12%, based on Pete’s demand estimation of 3,000 arrangements per year. Would you expect flowers to be price elastic (i.e., consumers are relatively price sensitive) or…
Please answer this immediately , I need it. BEP Analysis Green Manufacturing Company produces fertilizers. The companys fixed monthly cost is P250,000 and its variable cost per pound of fertilizer is P1.50. The fertilizer is sold at P6.00 A. Determined the monthly break even volume and revenue for the company B. If you increase selling price by 2% of the volume of sale find the total revenue, total cost and profit functio.

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