5) The Monde company makes a wine cooler with capacity of 24 bottles. Each wine cooler sells for $245. The monthly fixed costs for the company are $385000 and the variable cost of producing each wine cooler is $90.50 a) Find the break even point for the company b) Find the level of sales needed to ensure the company will realize a profit of 21% over the cost of producing wine coolers

5) The Monde company makes a wine cooler with capacity of 24 bottles. Each wine cooler sells for $245. The monthly fixed costs for the company are $385000 and the variable cost of producing each wine cooler is $90.50 a) Find the break even point for the company b) Find the level of sales needed to ensure the company will realize a profit of 21% over the cost of producing wine coolers

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Related questions

Q: 5. An electronics store can sell 30 ipods per week when the ipods are priced at $290. For each…

A: Cost of ipod to the store is $110 each.

Q: In a particular very small region, the consumer price index, C, depends on the current value of…

Q: Jenny Company produces two types of pants: long pants and short pants. The cost of making a pair of…

Q: Nanjala buys eggs at sh 180 a tray and sells them at sh 210 per tray. One day she bought 5 trays…

A: The price for which an article is bought is called its cost price. The price at which an article is…

Q: A toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each pack has a duck,…

A: It is given that1. toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each…

Q: 10. Mrs. Espinosa has a monthly salary of #50,000. She pays her monthly contributions: P5,329.17 for…

Q: A shoe manufacturer produces a pair of shoes at a labor cost of P9.00 a pair and a material cost of…

Q: Maintenance cost on a new machine is at the rate of 100t dollars per year at time t years.Compute…

A: The solution is given below in the next step:

Q: Problem 2) The mean time to retrieve a record from an online database is 222 milliseconds with a…

A: Given mean=222 Standard deviation=62 K=83

Q: If the price for smoothie supplies which is $35 increases by 5%, what is the minimum price that a…

A: Price of smoothie=$35 After 5% increase in price = 35+35×5100=$36.75

Q: net price is RM 1,565.20, find the value of p.

A: Since you have asked multiple questions here, we will solve the first question for you. To get the…

Q: Pete Corporation produces bags of peanuts. it's fixed cost is $24,000. each bag sells for $5.00 with…

A: Breakeven point in units = 16,000 Units or BagsExplanation:Breakeven point in units = Fixed…

Q: A store purchased an item for $25 and planned to sell it for $43.75 so that their profit would be…

A: We have solve this question based on profit and loss.

Q: the amount of canvas needed to cover this Tempo shelter. Note that this Shelter contains five…

Q: The cost to buy a plane ticket to Hawaii is $530 if 80 tickets are sold. If more than 80 tickets (up…

Q: 3. Robel is unsure of how many nights he will stay in Los Angeles. a) Write an equation that will…

Q: purchased in 6 kg barrels at €170 each, freight cost is €18 per shipment plus €1 per kg. cost is…

Q: Felix has a business selling computers. He buys the computers from the manufacture for $6 300 each…

Q: | Taylor LTD Company produces a product. Let q be the number of units sold. The variable cost is $6q…

A: Note : According to our guidelines we can supported to answer only first three subparts Given…

Question

5) The Monde company makes a wine cooler with capacity of 24 bottles. Each wine cooler sells for $245.
The monthly fixed costs for the company are $385000 and the variable cost of producing each wine
cooler is $90.50
a) Find the break even point for the company
b) Find the level of sales needed to ensure the company will realize a profit of 21% over the cost of
producing wine coolers

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!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1,400 and the variable cost per cup of coffee served is $0.61. Required: 1. Fill in the following table with your estimates of the company's total cost and average cost per cup of coffee at the indicated levels of activity. 2. Does the average cost per cup of coffee served increase, decrease, or remain the same as the number of cups of coffee served in a week increases?
type should they produce in a week to maximize their profit? 4 JP Computers produces both laptop and desktop computers. Laptop computers take up 2 cubic feet of space and desktop computers take up 5 cubic feet of space. The maximum capacity on the delivery truck is 800 cubic feet. Due to demand, they need to load at least 300 laptop computers. They profit $225 on each laptop and $280 on each desktop computer. How many of each should they load on the truck to maximize profit?
Taylor LTD Company produces a product. Let q be the number of units sold. The variable cost is $6q and the fixed cost is $ 116 000. Each unit has a selling price of $11.4. a) Determine the total revenue equation. b) Determine the total cost equation. c) Determine the profit equation. d) Determine the number of units that must be sold for the company to earn a profit of $54 000. e) Determine the minimum number of units that must be sold for the company to earn a profit.
A factory ships weekly shipments of an item to a distribution center and the average quantity shipped is 350 units. The weekly ordering rate for this distribution center is 50 units for an item. Unit price is $ 650. The period of supply from the factory to the distribution center is two weeks (2 weeks). The distribution center must pay for the stock from the moment the manufacturer ships the goods. If the distribution center wants to increase the purchase quantity to 400 units, the factory will give priority to the distribution center and guarantee it Supply period (one week only). Required: What is the effect on the average cycle inventory and the pipeline inventory of the distribution center? With the necessity to comment on the results.
A furniture manufacturer is producing tables that they are selling for $225. Their monthly fixed costs are 12000. For each table they produce, they need $70 in material and $55 in labor.a) express the total costs as a function of the number of tables manufactured.b) How many tables do they need to manufacture to make a profit of $2,000? c) How many tables do they need to manufacture in order for them to breakeven? Answer text
Isabel has up to P450 000 to invest in two types of investments. Type A investment pays 6% annually and type B investment pays 100% anuale half of the well-balanced porfolio, Isabel imposes the following conditions At least one-half of the total investment is to be allocated to type A and at least one-fourth of the investment to type B investment How much should be allocated to each type of investment to obtain maximum profit?
Janus owns a small bakery that specilaize in 3 layer cakes dcorated with roses.He employs marcisa and annie.Each month janus wants to make $4000 and he would pay his two employees $3000 each.the fixed cost of rent etc.is $5400/month.They sell the cakes for $50 each and the cost of making each cake is $15. Recall that profit is revenue-cost.Revenue is selling prices times items made.and cost is fixed cost plus the cost of each item times the number of items