An audio company sells microphones for $110 per unit. Its fixed costs are $152,000 peryear, and the variable cost per unit is $30.(a) The break-even volume isnext whole number of units.)units per year. (If necessary, round up to the(b) If the selling price decreases to $105, the new break-even volume will beunits per year. (If necessary, round up to the next whole number of units.)

Break even volume explain the minimum number of sales require to make the profit. It is calculated…

Answered: An audio company sells microphones for…

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...

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(I) the amount of canvas needed to cover this Tempo shelter. Note that thisShelter contains five canvases, two canvases for the walls, two canvases for the roof and one for the back wall. There's no canvas on the front of the shelter.(ii) the company's net profit for 10 identical Tempo shelter facilities.Please note that the canvas sells for $ 10.95 / m2 and we can sew it andcut it as we wish. The hourly salary of employees of " allto roof " is $ 17 / h and an employee works for six hours in order to sewshelter. The price charged to customers for a Tempo shelter is $1,600. Choices of awnsersa) i. 20,45 m2 ii. 12 740,70 $b) i. 16,20 m2 ii. 13 658, 70 $c) i. 15,72 m2 ii. 1 274,07 $d) i. 12,35 m2 ii. 13 206, 10 $
Question 1 of 16 Arctic Company sells shoes for $93 each. The variable costs per shoe are $42 and the fixed costs per week are $6,170. a. Calculate the number of shoes that need to be sold every week to break even. Round up to the next whole number b. Calculate the total variable cost (TVC) at break-even volume. Round to the nearest cent c. Calculate the total revenue (TR) at break-even volume. Round to the nearest cent
Richard and Samantha are charting their monthly cash flow. They have some expenses like car repairs ($ 900 twice a year) and vacations ($ 1,500 for the year) that are not paid each month. How much should be set aside monthly to account for these non-monthly expenses?
Suppose stock A is priced at $30/share and the company will pay a dividend of $0.30/share after two months. An investor purchases 100 shares of A and invests all dividends received at a continuosuly compunded risk-free rate of 5%. After 3 months the stock is sold when the price is $35.40/share. Calculate the 3-month profit.
A book publisher has fixed costs of $360,000 and variable costs per book of $9.00. The book sells $23.00 per copy. How many books must be sold to break even? If the fixed cost increased, would the new break even point he higher or lower? If the variable cost per unit decreased, would the new break even point he higher or lower?
A company uses 5000 items per annum which has a price of $2 each. The ordering costs are $150 per order and holding costs are $1.50 per item per annum. The company is offered a 5% discount (discounted price is $1.90) for orders of 5000 and over. Order cost and holding cost remain at $150 per order and $1.50 respectively. Assuming that the company orders 5000 items per order, calculate the number of orders per annum, average stock, annual stock holding cost, annual order cost, annual inventory cost and the total annual cost of items and inventory.
If an investment increases 1% the first year, 5% the second year and 9% the third year, what is the "average" percent increase? (Enter answer as a percent, rounded to 1 decimal place). Remember two things. First, percentages are applied using multiplication, so you cannot just add the 3 numbers together and divide by 3. Also, percent increases and decreases result in "percent of" so the factors in the multiplication are NOT the percent increases, but the "percents of". You have to start by finding the geometric mean of the "percents of" and then use that to give the "average" percent increase.
A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in the table, where p is the wholesale price per computer at which x thousand computers can be sold. Using special analytical techniques (regression analysis), an analyst produced the price-demand function p(x) = 2,400 - 40x, 1 ≤ x ≤ 25 to model the data. Complete parts (A) and (B) below. x(thousands) 1 3 19 24 25 p($) 2360 2280 1640 1440 1400
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Mr. Smith is 35 years old. He has the following 2 goals: First goal: To retire when he is 60 years old. He expects to live up to 80 years old. He projects his annual retirement spending to be $200,000 in today's value. He will withdraw the annual spending at the beginning of each year when he retires. Second goal: To leave an amount of $5,000,000 to his son when he passes away when he is 80 years old. He has set up an investment account for the above2 goals a few years ago. Currently, there is $400,000 in that investment account. The rates of return for the investment account are expected to be 4% p.a. before he retires and 3% p.a. after his retires. If inflation rate is expected to be 2% p.a., how much should he save at the end of each year from now until he retires to achieve his goals?
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The Scottsville Textile Mill produces several different fabrics on eight dobby looms that operate 24 hours per day and are scheduled for 30 days in the coming month. The Scottsville Textile Mill will produce only Fabric 1 and Fabric 2 during the coming month. Each dobby loom can turn out 4.68 yards of either fabric per hour. Assume that there is a monthly demand of 16,000 yards of Fabric 1 and 12,000 yards of Fabric 2. Profits are calculated as 33¢ per yard for each fabric produced on the dobby looms. (a) Will it be possible to satisfy total demand? Yes, the mill can produce enough to meet the demand. No, the mill can not produce enough to meet the demand. That's right! (b) In the event that total demand is not satisfied, the Scottsville Textile Mill will need to purchase the fabrics from another mill to make up the shortfall. Its profits on resold fabrics ordered from another mill amount to 20¢ per yard for Fabric 1 and 16¢ per yard for Fabric 2. How many yards of each fabric should…

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