50.1K

Verified Solution

Link Copied!

PROBLEM 4 Wild Life Bird Seed produces the best seed mixtures for wildlife. They are considering a line of seed for birds native to the Northwest Territories. They have consulted with their sales team and manufacturing managers to provide you with the following information Sales price per bag Variable Cost per bag Fixed Costs 20.00 15.50 9000 Required: Using the equation method f) e) Calculate the number of bags that must be sold in order to break-even. Calculate the amount in sales dollars that must be sold in order to break-even. g) Calculate the number of bags that must be sold in order to make a profit of $10,000. h) Calculate the sales that must be made in dollars in order to make a profit of $10,000.

Wild Life Bird Seed produces the best seed mixtures for wildife. They are considering a line of seed for birds native to the Northwest Territories. They have consulted with their sales team and manufacturing managers to provide you with the following information equired: Using the equation method e) Calculate the number of bags that must be sold in order to break-even. f) Calculate the amount in sales dollars that must be sold in order to break-even. g) Calculate the number of bags that must be sold in order to make a profit of \\( \\$ 10,000 \\). h) Calculate the sales that must be made in dollars in order to make a profit of \\( \\$ 10,000 \\)

Answer & Explanation Solved by verified expert

See Answer