ABC Taxi has an average fixed cost of $8,000 a year for each car. Each mile driven has variable cost $.40 and collect fares of $.60. How many miles a year does each car have to travel before making profit?

Q: Fruit Packers uses packing machines to prepare its products for shipping. Each machine  costs…

A: Equivalent annual cost (EAC) Equivalent annual cost (EAC) is an annual cost to own, maintain and…

Q: Brand B car costs $79,000 and has a life of 8 years. It costs $2,500 a year in  insurance, and $525…

A: given Cost of Brand B $79000 and Brand M us $67000 Life of Brand B is 8 years and life of Brand M is…

Q: oters plans to sell a standard scooter for $90 and a chrome scooter for $120. Sammy's purchases the…

A: Sales mix is the fixed ratio of sales when an entity sells two or more products.

Q: The owner of a widget factory finds that the he can sell x widgets in a month if he 3 charges a…

A: The revenue is the total amount to be received by the firm by selling goods at a particular price.…

Q: You own a wholesale plumbing supply store. The store currently generates revenues of $1.01 million…

A: The objective of the question is to calculate the value of the business today given the potential…

Q: You own and manage a yard care business in which you charge $50 per visit to care for each yard…

A: Break-even point is the point wherein revenues equals expenses or contribution equals fixed costs.…

Q: Company x uses machines to manufacture x. One machine costs $142,000 and lasts about 5 years before…

A: Cost of one machine=$142000Operating cost=$7000Economic life=5yearsDiscount rate=r=11%Find out…

Q: find annual profit. That is, find annual profit for each of these combinations of charge per copy…

A: Fixed Costs are those costs which remain fixed irrespective of the level of activity. Variable Cost…

Q: 1.As an optician, on average, you sell eyeglasses for $80/pair. For every pair that you sell, the…

A: The percentage of sales revenue that can be used to pay for fixed expenditures and increase a…

Q: You own a wholesale plumbing supply store. The store currently generates revenues of $1.03 million…

A: A company entity's entire value or financial worth is generally called as its "business worth." This…

Q: Anderson Inc. uses packing machines to prepare their product for shipping. One machine costs…

A: Present value annuity factor is computed as follows:-PVAF = where,, 99, 254); position: relative;…

Q: Northampton City Tours (NCT) offers personalized historical and architectural tours in a large…

A: The objective of the question is to calculate the break-even point in terms of the number of tours…

Q: You own a wholesale plumbing supply store. The store currently generates revenues of $1.01 million…

A: Understanding the value of your business can provide valuable insights into its financial health,…

Q: Suppose you sell8000 of the 3 pack of lenses in one year. your cost on each 3 pack is $29.95 and you…

A: Net income  includes both operating and non-operating income. Non operating income is the income…

Q: Your company is deciding whether to purchase a durable delivery vehicle or a short-term vehicle. The…

A: In the world of finance in general and in the domain of capital budgeting in particular equivalent…

Q: The price for one coffin is 1,500 I want to sell 1,700 and sell 12 of them in one year what would…

A: The gross profit margin is calculated as the profit on the item divided by the selling price of the…

Q: Steve Scooter plans to sell a standard scooter for $500 and chrome scooter for $650.  Steve…

A: Break Even point in units = Fixed costs/Weighted average contribution margin

Q: You own a bakery that operates 365 days per year, and want to purchase a commercial oven for $3000,…

A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…

Q: PLEASE ANSWER IT NOW, I NEED THE ASNWER. A hardware store purchased a tool at P20,000 per unit. At…

A: Providing a discount to the customer is a very efficient way to improve sales revenue and referrals…

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: A company makes and sells ornamental vases. To make the vases there is a fixed monthly cost of…

A: The Basic Sales Equation is  Sales = Variable Cost + Fixed Cost + Profit

Q: A company pays a sales representative 0.50 $ per kilometer in return for using its own car for…

A: In this problem we have to calculate present value of all costs and find out equivalent annual cost.

Q: How much does operating income increases?  If Mike wants a $4,000 profit, what's the min price it…

A: Sale for Desired Profit = Cost Incurred + Desired profitSale for Desired profit (in Units) = (Cost…

Q: Econo - Cool air conditioners cost $390 to purchase, result in electricity bills of $168 per year,…

A: Equivalent annual cost is equivalent cost that includes the cost of purchase and also the cost of…

Q: Chauhan Restaurant is considering the purchase of a soufflé maker that costs $10,100. The soufflé…

A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…

Q: wo plans are available for a company to obtain automobiles for its salesmen. How pe driven each year…

A: In this both options are equal in term of cost and mileage.

Q: RJR Logistics needs a new color printer. The cost of the printer is $2,025, plus $380 per year in…

A: Cost Of Printer $                                   2,025.00Annual Maintenance $…

Q: A person sells widgets. It costs 154 to buy the materials today. In a year, the sales of widgets…

A: NPV refers to net present value. NPV is the sum of present values of all future cash flows. It is…

Q: Togo clothes sells suits. The average selling price is $1000 per suit, variable cost are fixed at…

A: Contribution margin per unit = Selling price - Variable cost Units to be sold = (Pre-tax income +…

Q: 5. You drive an average of 460 miles per week in a car that gets 22 miles per gallon. With gasoline…

A: Cost savings One way to help save costs or cut expenses is called cost savings. It helps identify…

Q: College Pizza delivers pizzas to the dormitories and apartments near a major state university. The…

A: The break - even sales are the sales where business earn no profit or loss during the period. The…

Q: A company that manufactures cars would use about 50,000 steering wheels per year. Such steering…

A: ECONOMIC ORDER QUANTITY Economic Order Quantity is the size of the order for which both ordering…

Q: Stevie's Scooters plans to sell a standard scooter for $160 and a chrome scooter for $200. Stevie's…

A: BREAKEVEN POINT Break Even means the volume of production or sales where there is no profit or…

Q: Clockmaker Ltd. makes a product called wallet. Managers from Clockmaker Ltd. want to achieve a…

A: The contribution Margin is calculated as difference between sales and variable cost. The break even…

Q: You own a wholesale plumbing supply store. The store currently generates revenues of $1.01 million…

A: Understanding the value of your business can provide valuable insights into its financial health,…

Q: Example: Your company wants to earn $7,000 in after-tax profit selling Frog caps outside the stadium…

A: Income statement is a financial statement that shows profitability, total revenue and total…

Q: Xavi sells seashore paintings.  His annual Fixed Costs are $1,000 and the Variable Costs are $8 per…

A: Solution:Break- even point is the point of no profit, no loss i.e. where total expenditure equalizes…

Q: Topnotch company uses a Freemium model and has 200,000 users, a 5% conversion rate, and a 10% churn…

A: "Since you have asked a question with sub-parts more than three, as per guidelines, the first three…

Q: You have an idea to sell handmade porcelain plates. The only investment needed is a furnace (oven)…

A: The Accounting Break-even Point: The accounting breakeven point is the number of units sold when the…

Q: A car rental agency rents 200 cars day at a rate of $30 per day. For ea reduction, 10 more cars are…

A: Revenue are money generated by sales and profits generated depends on the amount of revenue and each…

Q: Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. You cost…

A: Net income is the overall income earned by the company during the accounting period. It includes…

Q: You own and manage a yard care business in which you charge $50 per visit to care for each yard…

A: Revenue per visit to care for each yard $ 50.00 Less: Variable cost  per visit to care for each…