Please need answer the accounting question Robin Me Blind, Inc. desires to sell a sufficient quantity of her newmagazine (Government Worker) to earn a profit of $80,000. Shebelieves in market-based transfer pricing. If the magazine salesprice is $20, the variable cost per magazine is $12, total fixed costsare $610,000, gold is selling at $1350 per ounce, and Hood Collegeis operating at full capacity, how many units must Bonita Bananasell to earn the $80,000 profit?

Step 1: Introduction to the Sales of a Target ProfitIn business, the cost-volume-profit analysis…

Answered: Robin Me Blind, Inc. desires to sell a…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6MC: Jansen Crafters has the capacity to produce 50,000 oak shelves per year and is currently selling...

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Saran Company has contacted Truckel with an offer to sell it 5,000 of the wickets for $18 each. If Truckel makes the wickets, variable costs are $16 per unit. Fixed costs are $8 per unit; however, $5 per unit is unavoidable. Should Truckel make or buy the wickets? a. Buy; savings = $15,000 b. Buy; savings = $5,000 c. Make; savings = $10,000 d. Make; savings = $5,000
Night Shades Inc. (NSI) manufactures biotech sunglasses. These sunglasses sell for $150 each, and cost $70 each to produce. Night Shades Inc. has fixed costs of $100,000. a. Calculate Night Shades' Breakeven point. b. how much profit (loss) will Night Shades have if it sells 500 sunglasses? 4,000 sunglasses? c. Night Shades' manager expects an operating profit of $200,000, How many sunglasses must be sold to attain this profit?
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A company is negotiating with a potential supplier for the purchase of 100,000 widgets. The company estimates that the supplier’s variable costs are $5 per unit andthat the fixed costs, depreciation, overhead, and so on, are $50,000. The supplierquotes a price of $10 per unit. Calculate the estimated average cost per unit. do youthink $10 is too much to pay? Could the purchasing department negotiate a betterprice? How?
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Assume that you are in charge of pricing for a firm thatproduces pickles. You have fixed costs of $2,000,000.Variable costs are $0.75 per jar of pickles. You are selling your product to retailers for $0.89. You sell thepickles in cases of 24 jars per case.a. How many jars of pickles must you sell to breakeven?b. How much must you sell in dollars to break even?c. How many jars of pickles must you sell to breakeven plus make a profit of $300,000?d. Assume a retailer buys your product for S0.89.His business requires that he prices products witha 35 percent markup on cost. Calculate his sellingprice.e. Assume you have an MSRP of $1.39 for the pickles.If a retailer has a required 35 percent retailer margin on all products he sells, what is the most he iswilling to pay the producer for the pickles?f. A clothing retailer knows that to break even andmake a profit he needs to have a minimum retailermargin (also referred to as a contribution margin orgross margin) of at least 60 percent. If he…
Sunland Enterprises produces giant stuffed bears. Each bear consists of $16 of variable costs and $13 of fixed costs and sells for $49. A wholesaler offers to buy 9,280 units at $18 each, for which Sunland has the capacity to produce. Sunland will incur extra shipping costs of $1 per bear. Determine the incremental income or loss that Sunland Enterprises would realize by accepting the special order. Incremental profit e Textbook and Media Save for Later $ Attempts: 0 of 1 used Submit Answer
Should Shoecraft get into the slipper business? House slippers sales will be worth $122.0 million next care. SC can make house slippers for $20.22 per pair in variable costs + relevant fixed costs of $1,810,000. Before it will launch this venture, SC must 0roject a total profit of AT LEAST $440,000. If SC sells house slippers for $27.26 per pair, what would be SC's Breakevent Market Share While Meeting the Project Target for this venture. (answer as percent, 1 decimal place / a tenth)
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