Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 4. hunter & sons sells a single model of meat

4. Hunter & Sons sells a single model of meat smoker for use in the...

80.2K

Verified Solution

Question

Accounting

4. Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics:

Sales price $ 75 per smoker
Variable costs 39 per smoker
Fixed costs 288,000 per month

Hunter & Sons is subject to an income tax rate of 40 percent.

Required:

a. How many smokers must Hunter & Sons sell every month to break even?

b. How many smokers must Hunter & Sons sell to earn a monthly operating profit of $45,360 after taxes?

5.

Rio Coffee Shoppe sells two coffee drinks, a regular coffee and a latte. The two drinks have the following prices and cost characteristics:

Regular Coffee Latte
Sales price (per cup) $ 1.60 $ 2.50
Variable costs (per cup) 0.70 1.10

The monthly fixed costs at Rio are $7,300. Based on experience, the manager at Rio knows that the store sells 80 percent regular coffee and 20 percent lattes.

Required:

How many cups of regular coffee and lattes must Rio sell every month to break even?

Sales price (per cup) $ 1.60 $ 2.50
Variable costs (per cup) 0.70 1.10

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

A brewery needs to purchase glass bottles that can withstand an internal pressure of at least...

Civil Engineering
1.2K views

List the most important factors that affect drying shrinkage and creep, and discuss when the effects are...

Psychology
1.2K views

Briefly describe how an adolescent's thinking is different from that of younger children ?

Mechanical Engineering
1.2K views

Fluid Mechanics Friction Problem: Write one MATLAB m-file that solves the Type I and II problems...

Geometry
1.2K views

Without looking at a chart:?= 30 in a right triangle. If the hypotenuse of the...

Statistics
1.2K views

Federal Income Taxes and Piecewise Functions LC The graph of a piecewise function is shown...

Calculus
1.2K views

Compute the given integral sin sin r cos xdr

Algebra
1.2K views

Level 4 Mastered COMPLETE ONE OF THE FOLLOWING CORRECTLY TO EARN AA 1 Domain ange...

Algebra
1.2K views

Factor out the GCF w w 9 w 9 0

Accounting
1.2K views

Any help is appreciated! The following financial statements and additional information are reported. ...

Finance
1.2K views

New-Project Analysis The president of your company, MorChuck Enterprises, has asked you to evaluate the...

Finance
1.2K views

The premium on a put option is primarily a function of the difference in spot...