A show manufacturer produces a pair of shoes at a labor cost of ₱90 and material cost of ₱80 a pair. The fixed charges of a business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pairs must be produced each month by the manufacturer to break -even? A. 1050 B. 1000 C. 1500 D. 1334

A show manufacturer produces a pair of shoes at a labor cost of ₱90 and material cost of ₱80 a pair. The fixed charges of a business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pairs must be produced each month by the manufacturer to break -even? A. 1050 B. 1000 C. 1500 D. 1334

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Similar questions

Camille forecasts to sell 575 units of the perfume she is selling by the first week of December. At the end of the 1st week of December, she was able to disposed 500 perfumes at Php150 each. Of these 500 units, she gave a total of 20 giveaways. The total cost for each perfume is Php120. Determine Camille’s net sales volume. * a. 75 b. 480 c. 500 d. 20 2. The amount of your product that you will need to produce and sell to cover total costs of production. * a. Break even sales volume b. Sales volume percentage c. Sales volume
Price Quantity Demanded LRAC 50 1 $10 35 $20 20 $24 4 $37.50 The table above shows demand and average total cost for a natural monopoly firm. What will the price will this firm charge? $20 $50 $35 $5
K Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $30,800 (as shown in the statement below) inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve profit line to $40,800 so he can obtain the bank's approval for the loan. Sales Cost of supply chain purchases Other production costs Fixed costs Profit 280,000 182,000 39,200 28,000 30,800 % of sales 100% 65% 14% 10% 11% a) What percentage improvement is needed in a supply chain strategy for profit to improve to $40,800? What is the cost of material with a $40,800 profit? A decrease of 5.5% in supply-chain costs is required to yield a profit of $40,800, for a new cost of supply chain purchases of $172,000. (Enter your response for the percentage decrease to one decimal place and enter your response for the new supply chain cost as a whole number.) b) What percentage improvement is needed in a…
Ray Holt seeks an investment for his new business. The investor will bear all the costs(fixed + variable) and wants a rate of return of at least Y%. For the business fixed cost is Fc, selling price of a unit is Sp, and Cost of production of a unit is Cp. How many units, x, should Ray Holt maketo meet the investor’s rate of return requirement? If the requested rate of return is 10%, fixed cost is $10,000, selling price is $5, and cost of production is $3, how many units should be made?
How does requirement analysis differ in regulated industries, such as healthcare or finance, where compliance and legal aspects are critical considerations? What are the key challenges in these domains?
2. Perform an ABC analysis for the data provided. Clearly explain why you classified items as A, B, or C. Annual Unit Item Usage 2400 Cost $19.51 $32.60 $10.20 $6.80 2 6200 3 8500 4 3200 6000 $4.50 $55.70 $3.60 $44.90 $35.62 750 7 8200 8 9000 5800 10 820 $82.60 $40.50 11 500 12 2000 $15.40 $14.60 $35.80 13 2400 14 6300 15 4750 $17.30 2700 $51.75 $42.90 $25.30 16 17 1600 18 1350 19 5000 $67.00 20 1000 $125.00
You want to establish your own business and are thinking about releasing a new product. Customers will pay P150 for it, according to market research, and your sales team believes they can sell at least 1,000 units every month. The equipment you'll need to make the product will require a monthly fixed cost of P400,000 and lease of facility at P500,000. Costs of producing the product are direct labor P20, direct materials P15, shipping P5 and sales commission P10. What is the breakeven point? Will this be a profitable venture? Justify you answer.
Suppose that you own a freight forwarder company. One of your customers “ELAR A.Ş.” called you on JANUARY 2022 and asked for the freight offer for the transportation of five TEU (your cost object) products from location X to location Y.You are supposed to give a reasonable freight offer to your customer. Your profit margin is 25 %. First find the cost, then add 25 % profit margin to find the customer price. Use job costing and normal costing.a) Choose Location X and Y, explain your route and transportation modes. Explain whether the transportation is door to door or not. You can use one, two or three modes of transportation to carry out this transaction.b) Identify and LIST the direct costs of the job. Calculate the total direct costs of the job.c) Budget and LIST the indirect costs of your company for all jobs in 2022. Calculate the total indirect costs of your company for 2022. d) Select your allocation base and compute the allocation rate per unit. You may use multiple allocation…
Look at the question below
Describes the relationship between profit—which is the difference betweentotal revenue and total (i.e., fixed plus variable) cost—and volume of output?
Please see image to answer question.
waldo needs to decide how many copies of a new hardcover release to purchase for its shelves. The store has assumed that demand will be 50, 100, 150, or 200 copies next month and they need to decide whether to order 50, 100, 150 or 200 books for this period. Each book costs Waldo PhP50 and can be sold for PhP85. Waldo can sell any unsold books back to their supplier for PhP15. a. Formulate the payoff table. b. Determine the best decision and payoff is maximin and equally likely criteria are used. Answers in figure only without comma or units. If there are more than 2 answers, put an NA to excess brackets. Maximin: Decision: Order Blank 17 Payoff = Blank 18 Equally Likely: Decision: Order Blank 19, Blank 20, Blank 21 Payoff = Blank 22 c. If the coefficient of pessimism is 0.4, determine the best decision and payoff using Hurwicz criterion. Answers in figure only without comma or units. Hurwicz: Decision: Order Blank 23 Payoff= Blank 24