Imagine you have a business, you are selling a one of a kind gadget, the cost you incurred for the materials is 2,000 and you wanted to sell it at P3 000. However, you are paying a rent of P20 000 for your business operation. How many units do you think you need to sell in order not to incur losses or able to eamWhat will you do to achieve a profit?
Q: Compute for the Marginal cost: Jose Damasco a car manufacturer and he named it Damasco Car Mfg.…
A: Marginal cost = change in total cost / change in output
Q: 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at…
A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…
Q: Text Tech has bought a product from their supplier for $2,372 with discounts of 30% and 5%. For full…
A: As per the bartleby guidelines, in case of interlinked question answer first 3 only 1) Cost after…
Q: A company invests $16,000 to produce a product that will sell for $45.60. Each unit costs $8.35 to…
A: Investment cost = $ 16,000 Selling price = $ 45.60 Cost per unit = $ 8.35 Profit per unit = Selling…
Q: A business has fixed costs of $6000 per month and the product sells for $200. The variable cost is…
A: Contribution margin is the difference between sales revenue and variable cost. Variable cost is the…
Q: A company is planning to manufacture rocking chairs. The fixed cost will be for $40,000. The cost…
A: Formulae: Cost Function:C(x)= FC + V(x)where,C=Total CostFC=Total Fixed CostV=Variable cost per…
Q: Nik is a company that manufactures running shoes. It has a fixed cost of $300,000.00. Additionally,…
A: Dear Student as per Bartleby guideline we can answer only three sub-parts in a question has more…
Q: You manufactured 1,050 bikes and sold 1,000 of them for $200 each. Labor is 90/bike, material…
A: Cost of bike=Material+labour=$60+90=$150 Total Profit=No. of BikesSelling Price-Cost of Bike-Rental…
Q: An online seller bought 100 boxes of face mask for RM5 each. The operating expenses incurred was 15%…
A: Given Information: Purchase price per Box = RM 5 Number of boxes purchased = 100 Operating Expenses…
Q: XYZ manufactures a computer stand. It has fixed costs of S600,000 and each stand sells for $90, with…
A: Selling price = $ 90 Variable cost = $ 48 Fixed cost = $600,000 Contribution per unit = Selling…
Q: Annie bought one dozen smartphone for 200,000.00 with a discount of 5%. She sold half dozen at a…
A: Cost of Sales = 200000 less 5% discount = 190000 Sales = (18000* 6 units) + (12000*6 units)= 180000…
Q: Patsy smith is planning to sell her special knife for $15 per unit. She purchases units from alocal…
A: Break-Even Point:- This is the point where the company earns no profit no loss. It means from this…
Q: A company selling televisions has monthly operating costs of $34750 and it costs the company $475 to…
A: operating cost 34750 cost per unit 475
Q: Use the information provided below to answer the following questions: How much more can the company…
A: Solution:-3.2.1 Calculation of Breakeven as follows under:-
Q: XYZ manufactures a computer stand. It has fixed costs of $600,000 and each stand sells for $90, with…
A: Formula: Profit = Revenues - Expenses.
Q: Your company wants to decide between Investment A, which will cost $100K upfront, and Investment B,…
A: Risk means possibility of unfavorable results from future events. Risk is a part of every investment…
Q: XYZ manufactures a computer stand. It has fixed costs of S600,000 and each stand sels for $90, with…
A: Profit = Contribution margin - Fixed costs where, Contribution margin = Sales - Variable costs
Q: A company produces a special new type of TV. The company has fixed costs of $487,000, and it costs…
A: Profit can be defined as the earnings through business operations which is remained with the…
Q: The rental cost of renting a machine that is $20,000 per year plus $0.70 per machine hour of use…
A: Cost is the amount of money incurred on the making or selling of the goods or services. The cost, in…
Q: Your clothing business, FashionV Co has fixed costs of $1,000 per year, depreciation charges of $500…
A: The degree of operating leverage is used to find out the impact of change in sales on the earnings…
Q: What does your balance sheet look like at the end of the year, assuming all profits are distributed…
A:
Q: Berries Salad has current sales of RM10,000 and a profit margin of 5%. The firm estimates that sales…
A: Current sales = RM 10,000 Profit margin = 5% Growth rate = 4%
Q: Gwen is the managerial accountant in charge of Company A, which sells water bottles. She previously…
A: In the context of the given question, we are required to compute the break-even point quantity and…
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A:
Q: Compute the Gross Profit Answer the given problem. 1. Annie bought one dozen smartphones for…
A: Solution: Total Revenue - Net Purchases = Profit Net Purchases = Total purchases amount x…
Q: Randy's tireland makes a product that sells for $71 per unit and has $53 per unit in variable costs.…
A: The breakeven point is calculated by dividing fixed cost by contribution margin per unit.
Q: alculate the total Marginal Income and Net Profit/Loss if all the tables are sold.…
A: "Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is…
A: Units sold = D Revenue function R(D) = 5000D - 100D^2
Q: Required: 1. Determine the company’s current fixed costs. 2. Determine the company’s new…
A:
Q: Annie bought one dozen smartphones for 200,000.00 with a discount of 5%.she sold half dozen at a…
A: The Purchase price of one dozen smartphones =200,000-5%(200,000)=190,000. The total sales price of…
Q: 1. If the company want to achieve target net income $800,000 and the tax rate is 30%, calculate how…
A: We know that under marginal costing Profit = Sales Revenue - Total Variable cost - Total Fixed…
Q: or loss? Compute the following requirements: a. Gross profit rate b. Operating profit margin rate…
A: Return on investment is computed to assess the efficiency and profitability of an organization. It…
Q: Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is…
A: Given: Revenue function = 5000D-100D^2 Fixed Cost = $35000 Variable cost per unit = $500
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: Since you have posted a question with multi sub-parts, we will solve first three sub-parts for you.…
Q: Answer the given problem. 1. Annie bought one dozen smartphones for P200,000.00 with a discount of…
A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…
Q: Compute the following requirements:
A:
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: The profit or loss on selling the goods depends on the purchase cost and selling price. If the total…
Q: Akira Enterprises is considering forming a new business to manufacture cutting-edge automotive…
A: Answer Variable cost per unit = P2.50 Sales price per unit is 1.5 of variable cost Means sales price…
Q: a. Gross profit rate b. Operating profit margin rate c. Net profit margin rate
A: Ratio analysis means where different ratio of various years of years companies has been compared…
Q: 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at…
A: “Since you have asked multiple sub-parts, we will solve the first three sub-parts for you. If you…
Q: Study the information given below and answer each of the following questions independently:…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: The company has an inventory of 1,000 parts. It cost $160,000 to manufacture the parts. The company…
A: Financial advantage (disadvantage) on process further = Additional revenue - Additional cost
Q: Tate Inc. and Booth Inc. are two small manufacturing companies that are considering leasing a…
A: Calculate Tate’s and Booth’s respective share of fees using the shapely value method:
Q: In your internship, the financial manager of "ABC" firm, specialized in production and…
A: "Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: A shoemaker desires to achieve a profit of P50,000 by selling 500 pairs of shoes. The fixed cost in…
A: Contribution Margin Ratio: A company's contribution margin ratio, also known as the CM ratio, is…
Q: are sol at specia ty shops aidens per year. Costs to manufacture and sell e $ 5.00
A: Opportunity cost is the profit lost if one decision is chosen over the other. New Iberian Corp…
Imagine you have a business, you are selling a one of a kind gadget, the cost you incurred for the materials is 2,000 and you wanted to sell it at P3 000. However, you are paying a rent of P20 000 for your business operation. How many units do you think you need to sell in order not to incur losses or able to eamWhat will you do to achieve a profit?
Step by step
Solved in 2 steps
- Shonda & Shonda is a company that does land surveys and engineering consulting. They have an opportunity to purchase new computer equipment that will allow them to render their drawings and surveys much more quickly. The new equipment will cost them an additional $1.200 per month, but they will be able to increase their sales by 10% per year. Their current annual cost and break-even figures are as follows: A. What will be the impact on the break-even point if Shonda & Shonda purchases the new computer? B. What will be the impact on net operating income if Shonda & Shonda purchases the new computer? C. What would be your recommendation to Shonda & Shonda regarding this purchase?Nik is a company that manufactures running shoes. It has a fixed cost of $300,000.00. Additionally, it costs $30 to produce each pair. They are sold at $80 a pair. A.Write the cost function, C, of producing x running shoes. B.Write the revenue function, R, from the sale of x running shoes. C.Suppose Nik produces too many running shoes- more than they can sell in the stores. How would this impact profits? Is there anything the managers can do to cut their losses? D.Suppose that we can sell all of the units that we produce. How many running shoes would Nik have to produce/sell in order for the company to make a profit? E.Determine the break-even point. Describe what this means. Graph the lines with at least three points each.PLEASE ANSWER IT NOW, I NEED THE ASNWER. A hardware store purchased a tool at P20,000 per unit. At what price should the tool be sold so that giving a 15% discount, will provide them with 25% profit?
- Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay 29.95 for each 3 Pack and sell them for 59.95. What is hyour Cost of Goods Sold Perrcentage for htis item? Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. Your cost on each 3 pack is 29.95 and you sell them for 59.95. If your operating expenses for the year total 144,080, what are your net income and net profit margin percentage?A company pays a sales representative 0.50 $ per kilometer in return for using its own car for company works. However, the company is considering another solution for this situation. So much so that the company will buy a car and make the car available to its representative. The data for this solution are as follows: The cost of buying such a car is 24,000 $ and it has a service life of 5 years. The market value at the end of this life is 7,000 $. The cost of keeping the car in a garage when it is not running is 2,500 $ per year, and the total fuel-tyre-maintenance costs are 0.30 $ per kilometer. If the interest rate is 15%, how many kilometers must the sales representative travel so that the costs of both methods are equal (break-even)? (please explain) a) 42.356 b) 43.107 c) 44.226 d) 45.340You are currently a worker earning $60,000 per year but are considering becoming an entrepreneur. You will not switch unless you earn an accounting profit that is on average at least as great as your current salary. You look into opening a small grocery store. Suppose that the store has annual costs of $150,000 for labor, $50,000 for rent, and $30,000 for equipment. There is a one-half probability that revenues will be $210,000 and a one-half probability that revenues will be $400,000. Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (−) in front of those numbers. Enter a loss as a negative number. a. In the low-revenue situation, what will your accounting profit or loss be? $ What will your accounting profit or loss be in the high-revenue situation? $ b. On average, how much do you expect your revenue to be? $ Your accounting profit? $ Your economic profit? $…
- Tate Inc. and Booth Inc. are two small manufacturing companies that are considering leasing a cutting machine together. If Tate rents the machine on its own, it will cost $26,000. If Booth rents the machine alone, it will cost $14,000. If they rent the machine together, the cost will decrease to $36,000. Q. Calculate Tate’s and Booth’s respective share of fees using the Shapley value methodThe Arthur Company manufactures kitchen utensils. The company is currently producing well below its full capacity. The Benton Company has approached Arthur with an offer to buy 10,000 utensils at $0.65 each. Arthur sells its utensils wholesale for $0.75 each; the average cost per unit is $0.72, of which $0.15 is fixed costs. If Arthur were to accept Benton's offer, what would be the increase in Arthur's operating profits?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.…
- Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a price of P18,000 00per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen @P12,000.00 each unit. What was her profit or loss? Compute the following requirements: a. Gross Profit Rate b. Operating profit margin rate c. Net profit margin rate d. Return on InvestmentCalculate Sanchez’s operating income if it keeps the Rhode Island store open and opens another store with revenues and costs identical to the Rhode Island store (including a cost of $22,000 to acquire equipment with a one-year useful life and zero disposal value). Opening this store will increase corporate overhead costs by $4,000. Is Maria Lopez’s statement about the effect of adding another store like the Rhode Island store correct? Explain.Your clothing business, FashionV Co has fixed costs of $1,000 per year, depreciation charges of $500 a year, annual revenue of $6,000, and variable costs equal to two-thirds of revenues. A) What is the degree of operating leverage (DOL)? B) Due to the pandemic Covid-19, you decided to close your clothing business shop and moved to an online business resulting in a reduction in fixed costs of $500 per year and the rest of the variables remain unchanged. What is the new degree of operating leverage (DOL)? C) Risk is reduced when a high proportion of costs are fixed. Based on your observation in answers A and B, do you agree with the statement? Which business is riskier, a physical clothing shop with high DOL or an online clothing shop with lower DOL? Explain.