The following is given:a) Based on the given information, the break-even point in units =b) Based on the given information, the break-even point in dollars = $c) The profit for a volume of 120,000 units = $ (round your response to the nearest whole number).units (enter your response as a whole number).(round your response to the nearest whole number).PriceVariable costFixed cost$6.00/unit$4.00/unit$52,000

Break-even point relative with many fields such as business, finance and so on. It is that point…

Answered: The following is given: a) Based on the…

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...

See similar textbooks

Similar questions

"If the demand for a good decreases when a consumer's income rises, the demand for that good must decrease when its price rises". This statement is valid for Nora's demand for cheese. This statement is not valid for Chris' demand for pasta. Q1 a) Using an appropriate model with a diagram, explain in detail Nora's demand for cheese.
The transaction price includes variable consideration. Which one of the following statements is reasonable? Lawyers Defend U Inc. defends Clive in a civil court case. 80% of Lawyers Defend U Inc.'s fee is based on the positive outcome of the court case. There is a 75% chance that the court case will have a positive outcome and a 25% chance that it will not. Lawyers Defend U Inc. determines that the most likely amount is the method that better predicts the amount of consideration to which it will be entitled. Rig Construction Ltd. constructs an oil rig for Oil & Gas Inc. and is entitled to a bonus if the rig is completed by a set date, but subject to escalating penalties for each day it is not. In considering the likelihood of the bonus or penalties Rig Construction Ltd. determines that there is a large number of possible outcomes and therefore uses the most likely amount to estimate variable consideration. 20 Creative Interiors Ltd. is commissioned to complete the interior design…
Mazoon Company sells 500 units resulting in $150,000 of sales revenue, $50,000 of variable costs, and $36,000 of :fixed costs. Breakeven point in units is None of the given answers .a O units 180 b O units 300 .c O units 72 d O units 100 .e O
An decrease in supply leads to a(n): (choose all that apply) Increase in demand Increase in price Decrease in quantity demanded Decrease in price Decrease in demand
What is the break-even in units? Assume: Fixed Costs = $10,000, Sales Price = $15, Variable costs/unit = $6
Which of the following is ‘data’? i. Number of items in inventory in the store were 3,000 ii. Value of items in the store was OMR 5,000 iii. Total items with value OMR 1,500 to OMR 3,000 were 500
A warehouse manager at Mary Beth Marrs Corp. needs to simulate the demand placed on a product that does not fit standard models. The concept being measured is "demand during lead time," where both lead time and daily demand are variable. The historical record for this product, along with the cumulative distribution, appear in the table. Demand During Lead Time Cumulaive Probability Probability 120 0.01 0.01 140 0.12 0.13 160 0.35 0.48 180 0.20 0.68 200 0.04 0.72 220 0.08 0.80 240 0.20 1.00 The following random numbers have been generated: 9, 78, 40, 41, and 99. (Note: Assume the random number interval begins at 01 and ends at 00.) Based on the given probabilty distribution, for the given random number the demand during the lead time is: Random Number 9 78 40 41 99 Demand The average demand during the lead time is (enter your response as an integer). The total demand during the lead time based on the five simulations is (enter your response as an integer).
UC is catering an event on campus in TUC - that last time they did this they ran out of plastic silverware! We want to make sure we have enough and are looking at quantity discounts. To order less than 2,000 the vendor quotes $1.80 per piece. Orders between 2001 to 5,000 are $1.60 per piece and 5,001-10,000 it's $1.40. Any orders above 10,000 the price drops to $1.25. Ordering costs are $200 per order and to store the materials we have a 5% storage costs from UC catering. Our estimated annual demand is 15,000 pieces. What is the optimal Order Qty? 8,660 8,165 9,259 O9,798
An apartment complex has a vacancy rate of 5%. If the apartment's PG is $450,000, what is the apartment's vacancy cost? $32,000 $22.500 S2.050 $47,500
20. Identifying true or false: I - Just-in-time purchasing is guided solely by the economic order quantity. II - Companies that implement JIT purchasing will switch their suppliers when another supplier offers alower price. III - Just-in-time purchasing describes the flow of goods, services, and information from the initial sourcesof materials and services to the delivery of products to consumers, regardless of whether those activities occur in the same organization or in other organizations Group of answer choices All are false. T, T, F F, F, T All are true T, F, T
If the unit selling price is P16, the unit variable cost is P12, and fixed costs are P160,000, what is the break-even sales (units)?
x G provide companies w X Flash ColdFusion/student/take.cfm?action=Dtaking&examid%3D6736&eaid%3=9425208&num=1 enter Part 2-54 purse Content Future Management Test 17. provide companies with the goods they need to create or sell their products. Previous Save Answer Next rent answer; please select Save Answer if changes have been made.)

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS