XYZ sari-sari store sells a case of soft drink at 360.00. The store's overhead expenses are 40% of the cost and the owner wants a profit that is 25% of the cost. How much is the cost of one case of soft drink?
Q: harlotte sells widgets that cost $50 each to purchase and prepare for sale. Annual sales are 10,000…
A: Please see the next step for the solution
Q: Bernard Tires sells tires to car dealerships for an average of $30 each. The variable cost of each…
A: Break Even Point = Fixed Cost/ ( Sales price - Variable Cost )
Q: D) Vallie Enterprise sells a product that cost $200 per unit and has a monthly demand of 500 units.…
A: Economic order quantity (EOQ) is taken as the optimum value of an item or inventory that…
Q: Indiana Bones, Inc., produces and sells 2,000 units of a single product, a deluxe dog house:…
A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…
Q: Stephanie's Bridal Shoppe sells wedding dresses. The average selling Price of each dress is $1,000,…
A: Break even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…
Q: maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier…
A: Just for the sake of other students help, I'll solveall the questions given here.1. Reorder Point…
Q: Vallie Enterprise sells a product that cost $200 per unit and has a monthly demand of 500 units. The…
A: PLEASE LIKE THE ANSWER Economic Order Quantity (EOQ) = [(2 x Annual demand x Cost per…
Q: Vallie Enterprise sells a product that cost $200 per unit and has a monthly demand of 500 units. The…
A: EOQ stands for Economic Order Quantity. It is the level of inventory that the organization orders at…
Q: Reuben's Deli currently makes rolls for deli sandwiches it produces. It uses 28,000 rolls annually…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Homeward Hardware buys cat iter for $6 less 20% per bag The store's overhead is 45% of cost and the…
A: Note: As per the policy we are supposed to solve three sub-parts at a time. Kindly repost the…
Q: Pimpton Plows sells its product for $50. Its variable cost per unit is $19.00. Fixed costs total…
A: Calculate the break even point as follows: Break even units = Fixed cost / (Selling price - variable…
Q: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $6, and each clock sells…
A: Cost volume profit analysis is the technique used by the management for decision-making. These…
Q: . If Reuben accepts the offer, what will the effect on profit be?
A: Presently the total cost to make the rolls = 0.24 + 0.39 + 0.15 + 0.20 = $ 0.98 Potential seller is…
Q: The Best Taste ice cream company has a weekly fixed cost of $ 325 and a cost of $1.5 per cup. The…
A: Given information is: Fixed Cost per week = $325 Variable cost per cup = $1.5 Selling price of one…
Q: The sales teams has to generate $545,609 in revenue this month for Product X. Its sales price is…
A: Discount = Sales Price before Discount x Discount Rate Net Sales Price = Sales Price before…
Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…
A: Since there are several subparts, according to Bartleby guidelines, we will answer the first three.…
Q: Indiana Bones, Inc., produces and sells 2,000 units of a single product, a deluxe dog house: Selling…
A: The Break-even point indicates that total units are to be sold by the business entity to recover its…
Q: Bill Prichett’s store makes and sells small pottery items which are sold at $10 per item. Fixed cost…
A: Contribution per unit= sales price - variable cost
Q: Leon's bought chairs for $180 less 30% and 20%. The store's overhead is 40% of the selling price and…
A: Solution a: Cost of chair = $180 *(1-0.30) (1-0.20) = $100.80 per unit Store overhead and net profit…
Q: Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of…
A: Given: It has 250 working days. Each day, it sells an average of 500 boxes but may sometimes sell a…
Q: A chocolatier produces and sells boxes of chocolates for which the fixed costs are $300 and the…
A: The situation at which a company’s cost of capital increases by the reduction in the retained…
Q: Reggie'sReggie's Repair Shop has a monthly target profit of $15,000. Variable costs are 75% of…
A: The margin of safety (MOS) refers to the difference between the break-even point and the estimated…
Q: A company that sells radios has yearly fixed costs of $600,000. It costs the company $45 to produce…
A: Given: To calculate the interpret of the given functions as,
Q: Yarn Basket, Ltd., sells handminus−knit scarves. Each scarf sells for $35. The company pays $350 to…
A: Calculate the break-even sales:
Q: Vallie Enterprise sells a product that costs $200 per unit and has a monthly demand of 500 units.…
A: Economic order Quantity: It is the quantity level at which holding costs and ordering costs is…
Q: MERC Company makes small bags that sell Php 20.00 each. For coming year, management expects fixed…
A: Contribution margin per unit: The excess of the selling price over the variable costs is known as…
Q: The Burundi Street Ice Cream Shop sells ice cream cones. The store's cost structure is as follows:…
A: Variable cost means the cost which vary with the level of output and fixed cost remain same what…
Q: The company can sell all it can produce. Find the number of units of x and y to produce to maximize…
A: Maximum hours available of each machine: Maximum hours available 1st 2nd 3rd 20 24 18…
Q: One of the products that Justine Corporation sells is “Extra Soft” floor mats. Justine’s ordering…
A: Inventory:- Inventory is supervision of non-capitalized assets and stock items. It is physical stock…
Q: What is the annual demand for the boxes of candles? 2. How much is the carrying cost of one box of…
A: Economic order quantity is the optimum order quantity which provides with the minimum expense in…
Q: Zoro, Inc. produces a product that has a variable cost of $6.00 per unit. The company’s fixed costs…
A: Given: Variable cost per unit = $ 6 Fixed costs = $ 30,000 Cost of product sold = $ 10 Estimated…
Q: Fruit Computer Corporation makes custom fruit shaped computers. It is currently producing 60…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: Homeward Hardware buys cat litter for $6 less 20% per bag. The store's overhead is 45% of cost and…
A: Price = $6 Discount on price = 20% Overhead cost = 45% Required profit = 20%
Q: Stephanie's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,000,…
A: Sales - variable cost = Contribution Contribution - fixed cost = Operating income
Q: Sammy Co. currently sells 1,000 units of product M for P2 each. Variable costs are P1.50. A discount…
A: Contribution from Special order=Units×Contribution per unit=400×P 1.70 - P 1.50=400× P 0.20=P 80
Q: One of the products that Justine Corporation sells is "Extra Soft" floor mats. Justine's ordering…
A: Here in this question, we are required to calculate Economic Order Quantity (EOQ). Economic order…
Q: supplier may take 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost…
A: Given: It sells an average of 500 boxes up to maximum 600 boxes. The ordering cost average P400 per…
Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…
A: Ggg
Q: Reuben's Deli currently makes rolls for deli sandwiches it produces. It uses 33,000 rolls annually…
A: Pofit/loss on buying the rolls=Total cost of making-Total cost of buying
Q: Rolf's Golf store sells golf balls for $27 per dozen. The store's overhead expenses are 26% of cost…
A: In order to compute cost of golf balls let cost of golf balls be x x + 0.26x + 0.2x = $27 1.46x =…
Q: Jack’s Jax has total fixed costs of $25,000. If the company’s contribution margin is 60%, the income…
A: Given,
Q: london Printing wishes to print and market the book prepared by X person on engineering economy.…
A: Break even sales: The level of sales where the revenue generated is equal to the cost incurred by…
Q: Careless Company manufactures and sells sunglasses. Price and cost data are as follows: Selling…
A: Break even units = Fixed Cost / Contribution Margin per unit
Q: Sisis is a garment firm that produce unisex T-shirt. The monthly fixed costs of company is RM40,000.…
A: Weekly number of t shirts = x Assuming 4 weeks in a month, Monthly number of t shirts = 4x Fixed…
Q: Steps Inc sells step aerobic class equipment. The equipment sells for $15 / unit. The variable cost…
A: The contribution margin is calculated as excess of sales revenue over variable expenses.
Q: (D) Vallie Enterprise sells a product that cost $200 per unit and has a monthly demand of 500…
A: Maximum inventory level is the maximum limit of stock which a business is required to maintain. A…
XYZ sari-sari store sells a case of soft drink at 360.00. The store's overhead expenses are 40% of the cost and the owner wants a profit that is 25% of the cost. How much is the cost of one case of soft drink?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of $160. The companys monthly fixed expenses are $36,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of November when they will sell 130 units. How many units will Marlin need to sell in order to realize a target profit of $48,000? What dollar sales will Marlin need to generate in order to realize a target profit of $48.000? Construct a contribution margin income statement for the month of February that reflects $200,000 in sales revenue for Marlin Motors.Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The companys monthly fixed expenses are $72,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of January when they will sell 500 units. How many units will Kerr need to sell in order to realize a target profit of $120,000? What dollar sales will Kerr need to generate in order to realize a target profit of $120,000? Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing.
- Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.Country Diner currently makes cookies for its boxed lunches. It uses 40,000 cookies annually in the production of the boxed lunches. The costs to make the cookies are: A potential supplier has offered to sell Country Diner the cookies for $0.85 each. If the cookies are purchased, 10% of the fixed overhead could be avoided. If Jason accepts the offer, what will the effect on profit be?Jansen Crafters has the capacity to produce 50,000 oak shelves per year and is currently selling 44,000 shelves for $32 each. Cutrate Furniture approached Jansen about buying 1,200 shelves for bookcases it is building and is willing to pay $26 for each shelf. No packaging will be required for the bulk order. Jansen usually packages shelves for Home Depot at a price of $1.50 per shell. The $1.50 per-shelf cost is included in the unit variable cost of $27, with annual fixed costs of $320.000. However, the $130 packaging cost will not apply in this case. The fixed costs will be unaffected by the special order and the company has the capacity to accept the order. Based on this information, what would be the profit if Jansen accepts the special order? A. Profits will decrease by $1,200. B. Profits will increase by $31,200. C. Profits will increase by $600. D. Profits will increase by $7,200.
- Company A wants to earn $5,000 profit in the month of January. If their fixed costs are $10,000 and their product has a per-unit contribution margin of $250, how many units must they sell to reach their target income? A.20 B. 40 C. 60 D. 120Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge for each copy made. Markson made 9,000 copies and paid a total of $480 in January. In April, they paid $320 for 5,000 copies. What is the variable cost per copy if Markson uses the high-low method to analyze costs?Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.
- If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000Polaris Inc. manufactures two types of metal stampings for the automobile industry: door handles and trim kits. Fixed cost equals 146,000. Each door handle sells for 12 and has variable cost of 9; each trim kit sells for 8 and has variable cost of 5. Required: 1. What are the contribution margin per unit and the contribution margin ratio for door handles and for trim kits? 2. If Polaris sells 20,000 door handles and 40,000 trim kits, what is the operating income? 3. How many door handles and how many trim kits must be sold for Polaris to break even? 4. CONCEPTUAL CONNECTION Assume that Polaris has the opportunity to rearrange its plant to produce only trim kits. If this is done, fixed costs will decrease by 35,000, and 70,000 trim kits can be produced and sold. Is this a good idea? Explain.Ottis, Inc., uses 640,000 plastic housing units each year in its production of paper shredders. The cost of placing an order is 30. The cost of holding one unit of inventory for one year is 15.00. Currently, Ottis places 160 orders of 4,000 plastic housing units per year. Required: 1. Compute the economic order quantity. 2. Compute the ordering, carrying, and total costs for the EOQ. 3. How much money does using the EOQ policy save the company over the policy of purchasing 4,000 plastic housing units per order?