Anna wants to set up a graphic design studio. The cost to rent an office is $6,000 per week. The variable cost of producing one design is $25, and she can sell it for $500. If Anna sells 12 designs, her profit would be dollars.
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- His profit would be. DollarsYour company is deciding whether to purchase a high-quality printer for your office or one of lesser quality. The high-quality printer costs $45 000 and should last five years. The lesser quality printer costs $25 000 and should last two years. If the cost of capital for the company is 12 per cent, then what is the equivalent annual cost for the best choice for the company?Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $10.50 and the large kites would be $23.50. The variable cost per unit is $5.05 and $11.10, respectively. Jill, the owner, feels that she can sell 2,600 of the small kites and 1,700 of the large kites each year. The fixed costs would be $2,100 a year and the depreciation expense is $900. The tax rate is 21 percent. What is the annual operating cash flow?
- Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $12.70 and the large kites would be $25.70. The variable cost per unit is $6.15 and $13.30, respectively. Jill, the owner, feels that she can sell 3,700 of the small kites and 2,030 of the large kites each year. The fixed costs would be $2,120 a year and the depreciation expense is $2,000. The tax rate is 35 percent. What is the annual operating cash flow? Multiple Choice $31,437 $17,250 $32,815 $34,127 $30,737Plank, the new owner of the vehicle accessory shop, is considering buying sets of winter tyres for $ 299 per set and selling them at $ 520 each. Fixed costs related to this operation amount to $ 3250 per month. It is expected that 18 sets per month could be sold. How much profit will Plank make each month? Hint: use the contribution margin approach.Jamie is considering leaving her current job, which pays $75,000 per year, to start a newcompany that develops applications for smartphones. Based on market research, she can sellabout 50,000 units during the first year at a price of $4 per unit. With annual overhead costsand operating expenses amounting to $145,000. Jamie expects a profit margin of 20 percent.This margin is 5 percent larger than that of her largest competitor, Apps, Inc.● If Jamie decides to embark on her new venture, what will her accounting costs be duringthe first year of operation?○ Her company’s implicit costs?○ Her company’s opportunity costs?● Suppose that Jamie’s estimated selling price is lower than originally projected during thefirst year. How much revenue would she need in order to earn:o Positive accounting profits?o Positive economic profits
- Xavi sells seashore paintings. His annual Fixed Costs are $1,000 and the Variable Costs are $8 per painting. After looking at the numbers, Xavi realizes he can only paint about 25 paintings per year and maintain his high quality standards. What would be his breakeven price at this volume of work per year?There are two competing alternatives in your textile business. A-type Tufting Machine costs $10,000 and B-Type Tufting Machine costs $35,000. A-type Tufting Machine can result in $11,000 labour savings in the first two years and $10,000 in year three. B-type Tufting Machine can result in $20,000 labour savings in the first two years. Assume MARR=8%. and find the difference between the net present worth of these two alternatives using infinite planning horizon with project repeatability. a) None of the answers are correct O b) Between $19,176 and $20,367 c) Between $29,176 and $30,367 d) Between $17,176 and $18,367 e) Between $23,176 and $24,367 f) Between $25,176 and $26,367Planck, the new owner of the vehicle accessory shop, is considering buying sets of winter tyres for $ 299 per set and selling each set at $ 520. Fixed costs related to this operation amount to $ 3250 per month. It is expected that 18 sets per month could be sold. How much profit will Planck make each month? Round to the nearest one. Hint: use the contribution margin approach.
- avi sells seashore paintings. His annual Fixed Costs are $1,000 and the Variable Costs are $8 per painting. If Xavi sells his paintings for $15, and sells 50 paintings per year more than his breakeven volume, what is his average cost per painting?Garrison Boutique, a small novelty store, just spent $4,000 on a new software program that will help in organizing its inventory. Due to the steep learning curve required to use the new software, Garrison must decide between hiring two part-time college students or one full-time employee. Each college student would work 20 hours per week, and would earn $1 S per hour. The full-time employee would work 40 hours per week and would earn $15 per hour plus the equivalent of $2 per hour in benefits. Employees are given two polo shirts to wear as their uniform. The polo-shirts cost Garrison $10 each. What are the relevant costs, relevant revenues, sunk costs, and opportunity costs for Garrison?Xavi sells seashore paintings. His annual Fixed Costs are $1,000 and the Variable Costs are $8 per painting. Xavi is considering advertising his artwork in a local gallery, the cost of which is $80 per month. What would be the new annual breakeven revenue (in dollars) if he continues to sell his pieces for $15?
