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7. Given the following information, find break-even point in Number of Customers: sales price Qer unit, $17.22; fixed costs, $215,035.68; variable cost per unit, $6.98 Ans:

7. Given the following information, find break-even point in Number of Customers: sales price Qer unit, $17.22; fixed costs, $215,035.68; variable cost per unit, $6.98 Ans:

Practical Management Science
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...
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7. Given the following information, find break-even point in Number of Customers: sales price Qer unit, $17.22; fixed costs, $215,035.68; variable cost per unit, $6.98 Ans: Chapter 4 8. The Sunshine Restaurant uses the perpetual order method. One of the items to be ordered is canned peaches. Determine reorder point and reorder quantity in cases, given the following: normal usage is 28 cans per week. It takes five days to get delivery of the item. Par stock is set at 42 cans. Cans come packed 6 in a case. 9. What is par stock and how is it used in purchasing? A few sentences would be enough, but explain what you know based on chapter 4: definition and how it is used for inventory control.
Transcribed Image Text:7. Given the following information, find break-even point in Number of Customers: sales price Qer unit, $17.22; fixed costs, $215,035.68; variable cost per unit, $6.98 Ans: Chapter 4 8. The Sunshine Restaurant uses the perpetual order method. One of the items to be ordered is canned peaches. Determine reorder point and reorder quantity in cases, given the following: normal usage is 28 cans per week. It takes five days to get delivery of the item. Par stock is set at 42 cans. Cans come packed 6 in a case. 9. What is par stock and how is it used in purchasing? A few sentences would be enough, but explain what you know based on chapter 4: definition and how it is used for inventory control.
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