eff Music sells its brand of banduria at $167.00 each. The company spends costs of $38.00 to roduce each banduria. The corresponding weeldy fixed costs are $16,900.00. a. What is the linear equation of the weekly profit, P, to the quantity of banduria produced, b. Determine the break-even quantity? C. What is the break-even revenue? d. What will be the profit or loss if there will be 147 qty of banduria?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
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1. Jeff Music sells its brand of banduria at $167.00 each. The company spends costs of $38.00 to
produce each banduria. The corresponding weekly fixed costs are $16,900.00.
a. What is the linear equation of the weekly profit, P, to the quantity of banduria produced,
X.
b. Determine the break-even quantity?
c. What is the break-even revenue?
d. What will be the profit or loss if there will be 147 qty of banduria?
Transcribed Image Text:1. Jeff Music sells its brand of banduria at $167.00 each. The company spends costs of $38.00 to produce each banduria. The corresponding weekly fixed costs are $16,900.00. a. What is the linear equation of the weekly profit, P, to the quantity of banduria produced, X. b. Determine the break-even quantity? c. What is the break-even revenue? d. What will be the profit or loss if there will be 147 qty of banduria?
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