A local Bookstore has an average cost for each book sold of $15, variable costs...
60.1K
Verified Solution
Question
Accounting
A local Bookstore has an average cost for each book sold of $15, variable costs of 2.50 per book and fixed costs of $27,360. What would its sales revenue have to be to break even? $32,832.00 other $2188.80 $1563.43 Question 2 (1 point) Listen Market research for a new product indicates that the product can be sold at $65.00 per unit Cost Analysis provides the following information: Fixed costs per period: $7520.00 Variable costs per unit: $33.00 Productive capacity per period: 600 units Determine the Break Even point in terms of sales volume. 235.00 116.20 other 76.70 Tara makes and sells scarves for children and adults. She is able to sell the scarves for $18 per unit. Materials for the scarves costs $4 each. She has fixed costs per month of $280 and estimates she can make 80 scarves per month What percentage of her capacity does Tara need to sell each month to Break Even. 12.73 15.78 0 25.00 other Question 4 (1 point) Listen Compute the breakeven point, in terms of % of capacity, for a product with a regular selling price of $194, fixed costs of $450,000 and variable costs of $25 for labour and $25 for materials. The capacity is 25,000. Round your answer to 2 decimal places. 10.65% other 9.28% 12.50% The local flower shop has decided it will try to make a profit of $5000 on its standard bouquets this period The standard bouquets sell for $39 each. Fixed costs are $8000 per period and variable costs are $3 per bouquet for labour and $2 for wrapping. Determine the number of standard bouquets that need to be sold to make a profit of $5000. 235.29 other 295.45 382.35 Question 6 (1 point) Listen The costs for a trip for a local school would involve a fixed cost for the bus of $1200 and two variable costs - $25 per person for a ski pass and $35 per person for accommodation. The cost (selling price) of the trip for each person is $99. How many people will need to go on the trip to break even? other 30.77 12.73 30.76 Per day a local Daycare charges $60 per child. Fixed expenses per day include $120 for wages and $150 for space rental. Variable costs are $20 per child. How many children does this daycare need per day to break even? 4.83 6.75 other 3.38 Question 8 (1 point) Listen Compute break even point in terms of sales volume for a product with the following data. Round your answer to 2 decimal places. Selling Price = $35 Fixed Costs = $560,000 Variable Costs = $25.50 5,894.74 9,256,20 other 58,947.37
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.