10. The following is given: Price $7.00/unit Variable cost $5.00/unit Fixed cost $56,000 Part 2 a) Based on the given information, the break-even point in units = units ________ (enter your response as a whole number). Part 3 b) Based on the given information, the break-even point in dollars = $_________ (round your response to the nearest whole number). c. The Profit for a volume of 1,00,000 units= $_______ (round your response to the nearest whole number)
10. The following is given: Price $7.00/unit Variable cost $5.00/unit Fixed cost $56,000 Part 2 a) Based on the given information, the break-even point in units = units ________ (enter your response as a whole number). Part 3 b) Based on the given information, the break-even point in dollars = $_________ (round your response to the nearest whole number). c. The Profit for a volume of 1,00,000 units= $_______ (round your response to the nearest whole number)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
10.
The following is given:
Price
|
$7.00/unit
|
Variable cost
|
$5.00/unit
|
Fixed cost
|
$56,000
|
Part 2
a) Based on the given information, the break-even point in units = units ________
(enter your response as a whole number).
Part 3
b) Based on the given information, the break-even point in dollars = $_________
(round your response to the nearest whole number).
(round your response to the nearest whole number).
c. The Profit for a volume of 1,00,000 units= $_______
(round your response to the nearest whole number)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.