(Round off your final answer to two decimal places.) The fixed cost at Harley Motors are $ 1 Million annually. The min. product has revenue of $26.64 per unit and $12.37 variable c Determine the Break even quantity per year Round your answer to 2 decimal places.
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- Owen conner works part time packaging software for a local distribution company in indiana. The annual fixed cost is $15,000 for this process, direct labor is $4.00 per package, and material is $5.00 per package. The selling price will be $15.00 per package. How much revenue do we need to take in before breaking even? What is the break even point in units?The publishing company is publishing a book for business economics for which it has estimated the following total fixed and average variable cost: Total fixed cost $100,000 Average Variable Cost $ 20 Selling Price $ 30 a) Determine the breakeven output and total sales revenues. b) Determine the output that would generate a total profit of $ 60000 and total sales revenue at that output level. c) If total fixed cost reduced to $ 40,000 then what is the breakeven point. How much units they have to sale if they require to have a profit of $ 60,000. d) Find out the publisher breakeven point if fixed cost remain same at $ 100,000 but the variable cost reduced to $10. Also find out the breakeven point if profit of $60,000 has to be earned. e) Find out the breakeven and sales at required profit of $60,000 if all cost remain same but the price per unit increased to $40.The fixed cost at Harley Motors are $ 1Million annually. The min. product has revenue of $24.19 per unit and $13.2 variable cost. Determine the Break even quantity per year Round your answer to 2 decimal places.
- It is estimated that at a large fertilizer plant the fixed costs are $245,101 and the cost to produce each ton of fertilizer is $101.98. The plant sells its fertilizer at $212.48 per ton. Find the break-even quantity. (Round your answer to one decimal place.) __ tonsA company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 79 – 0.11D units. The fixed cost is $800 per month and the variable cost $33 per unit produced. What number of units, D*,should be produced per month and sold to maximize the profit per month related to the product? Round your answer to 2 decimal places.Answer all parts please Go Green is a business selling worm farm start-up kit for $12 each. This year, Go Green's fixed cost totals $110,000. The variable cost per kit is $7. a. What is the break-even point in number of kits? b. How many kits does Go Green needs to sell to earn a profit of $70,000? c. If the total fixed cost increases to $160,000 next year: i. What will Go Green's break-even point be in number of kits? ii. What profit (or loss) will Go Green have if it sells 30,000 kits? iii. How many kits will Go Green have to sell to earn a profit of $70,000?
- Hamilton Company applies manufacturing overhead costs to products based on direct labor hours. The company estimates manufacturing overhead cost for the year to be $268,000 and direct labor hours to be 20,000. Actual overhead for the year was $305,000. 1. Compute the predetermined overhead rate. 2. If the company actually used 23,800 direct labor hours, how much manufacturing overhead is applied to the company's jobs?Last month the ICE business sold 24,000 liters of ice cream. The variable cost per liter was €2.7 and the contribution of sales to covering the fixed cost was equal to with 25% of the revenue. Last month's profits were €10,000 (a) What was the cost function last month? (b) If a new supplier to the business ensures a reduction in variable costs by 0.4 € / liter, but at the same time it needs an increase in the monthly advertising expenditure by €3,000, what will the new cost function be? (c) If ICE can raise the price by 10%, what should its output be so that its profit to increase by 20%?⦁ ABC Company has a product that sells for $400 per unit and its variable cost per unit is $260. Company’s fixed cost is $840,000. Required: ⦁ What is the Break-even Point in Units? Show computation
- 1. Determine the variable cost per unit and the fixed cost using the high-low method.2. What is the equation of the total mixed cost function?3. Prepare the scatter diagram, clearly showing any outliers.4. Using the line of best-fit, determine the company’s fixed cost per month and the variable cost per unit. (Use 0 & 5,000 units.)5. In view of the department’s cost behaviour pattern, which of the two methods appear more appropriate? Explain your answer.Q40 Which of the following paired concepts are equivalent to each other? a. Increasing returns; diseconomies of scale. b. Constant costs; economies of scale. c. Increasing costs; economies of scale. d. Increasing returns; increasing costs. e. Increasing returns; decreasing costs. Clear my choiceCarlota Music Company estimates that the marginal cost of manufacturing its Professional Series guitars is C ′ (x) = 0.02x + 100 dollars/month when the level of production is x guitars/month. The fixed costs incurred by Carlota are $4000/month. Find the total monthly cost incurred by Carlota in manufacturing x guitars/month.