Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. julia child company sells baby car seats to retail

Julia Child Company sells baby car seats to retailers for an average of $85 each....

90.2K

Verified Solution

Question

Accounting

image
Julia Child Company sells baby car seats to retailers for an average of $85 each. The variable cost of each car seat is $48 and monthly fixed selling costs total $6,000. Other monthly fixed costs of the company total $7,000. Required: 7. What is the breakeven point in number of car seats? 8. What is the margin of safety, assuming sales total $32,000? 9. What is the breakeven level in car seats, assuming variable costs increase by 20%? 10. What is the breakeven level in car seats, assuming the selling price goes up by 10%, fixed selling costs decline by 10%, and other fixed costs decline by $1,000

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