Mikey W. Smitty, an emerging rapper, is getting ready tocut his first CD, called “Western Rap.” The cost of recording the CD is $5000 but copies are $5 apiece. If the CDscan be sold for $15 each, how many CDs must be sold tobreak even? What is the breakeven point in dollars?
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Mikey W. Smitty, an emerging rapper, is getting ready to
cut his first CD, called “Western Rap.” The cost of recording the CD is $5000 but copies are $5 apiece. If the CDs
can be sold for $15 each, how many CDs must be sold to
break even? What is the breakeven point in dollars?
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- Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $18000. What is the breakeven point in dollars?College Creations, Inc (CC), builds a loft that is easily adaptable to most dorm rooms or apartments and can be assembled into a variety of configurations. Each loft is sold for $500, and the cost to produce one loft is $300, including all parts and labor. CC has fixed costs of $100,000. A.What happens if CC produces nothing? B.Now, assume CC produces and sells one unit (loft). What are their financial results? C.Now, what do you think would happen if they produced and sold 501 units? D.How many units would CC need to sell in order to break even? E.How many units would CC need to sell if they wanted to have a pretax profit of $50,000?Break-Even Analysis Jesaki Publishing is planning for a new novel, and figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at $65,000, and variable costs (printing, paper, binding, shipping) at $1.60 for each book produced. The book will be sold to distributors for $12 each. Answer the following questions about this venture. What is the total cost if Jesaki Publishing breaks even? $ . Round to the nearest dollar.
- Which Means doing something at the lowest possible cost?What exactly is meant by the term "dogpile effect," and how does it work? Is there anything you can do to prevent this from taking place, or is there nothing you can do?If the fixed costs of manufacturing a new cell phone are $40,000, the sales price is $200, and variable cost per unit is $90, the break-even point is:"
- A passenger aircraft is composed of several millions of parts and requires thousands of persons to assemble. A four-lane highway bridge is another example of complexity. The first version of Word for Windows, a word processor released by Microsoft in 1989, required 55 person-years, resulted into 249,000 lines of source code, and was delivered 4 years late. Aircraft and highway bridges are usually delivered on time and within budget, whereas software is often not. Discuss what are, in your opinion, the differences between developing an aircraft, a bridge, and a word processor that would cause this situation.Mavis and John have joined forces to start M&J Food Products, a processor of packaged shredded lettuce for institutional use. John has years of food processing experience, and Mavis has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think a largely manual process will have monthly fixed cost of $50,000and a variable cost of $2.50 per bag. They expect to sell 75,000 bags of lettuce per month. They expect to sell the shredded lettuce for $3.25 per 5-pound bag. John and Mavis has been contacted by a vendor to consider a more mechanized process. This new process will have monthly fixed cost of $125,000 per month with a variable cost of $1.75 per bag. Based on the above scenario: Should…As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material for a bracket that is made up of a base, 2 springs, and 4 clamps. The base is assembled from 2 clamps and 1 housing. Each clamp has 1handle and 1 casting. Each housing has 2 bearings and 2 shafts. There is no inventory on hand. Part 3 b) Determine the gross quantities needed of each item if you are to assemble 150 brackets. Base: enter your response here units (enter your response as a whole number). Spring: enter your response here units (enter your response as a whole number). Clamp: enter your response here units (enter your response as a whole number). Housing: enter your response here units (enter your response as a whole number). Handle: enter your response here units (enter your response as a whole number). Casting: enter your response here units (enter your response as a whole number). Bearing: enter…
- A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $63,000 and variable costs (printing, paper, binding, shipping) $1.30 for each book produced. If the book is sold to distrubutors for $18 each, how many must be produced and sold for the publisher to break even? The publisher must produce and sell ____ books to break even.? Round to the nearest integer as needed. Thanks!@@##Break-Even Analysis Jesaki Publishing is planning for a new novel, and figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at $65,000, and variable costs (printing, paper, binding, shipping) at $1.60 for each book produced. The book will be sold to distributors for $12 each. Let x be the number of books produced. The cost function is C(x)=mx+b, for some values m and b, where C(x) is given in dollars. Round m and b to the nearest tenth (1 decimal place.) What is m? Round to the nearest tenth (1 decimal place). What is b? (Round to the nearest tenth (1 decimal place.) Thanks!Felton Paper produces paper for textbooks. Felton plans to produce 500,000 cases of paper next quarter to sell at a price of $100 per case. The variable cost per case, including both manufacturing andselling costs, is $80. What is the total contribution margin for next quarter?
