Management is getting excited about launching into the new market segment.However, they still have their head screwed on a little..They have asked you to let them know how many liters of Blue Goo must be sold justin order to break even. For this, you have been given the following information:Fixed Cost =$46,763Variables costs $12.31 per literAnticipated sales price $41.5Incentive discount5.5%%3DCalculate how many liters of Blue Goo must be sold to break even.

Answered: Calculate how many liters of Blue Goo…

Business

Operations Management

Calculate how many liters of Blue Goo must be sold to break even.

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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Question

Management is getting excited about launching into the new market segment.
However, they still have their head screwed on a little..
They have asked you to let them know how many liters of Blue Goo must be sold just
in order to break even. For this, you have been given the following information:
Fixed Cost =
$46,763
Variables costs $12.31 per liter
Anticipated sales price $41.5
Incentive discount
5.5%
%3D
Calculate how many liters of Blue Goo must be sold to break even.

Expert Solution

Step 1

FIXED COST(FC) = $46763

VARIABLE COST(VC) = $12.31

ANTICIPATED SALES PRICE (SP)= $41.5

DISCOUNT= 5.5% OF 41.5 = $2.28

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