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Warner tool company produces class rins to sell to collegeand high school students. These rings sell for $75.00 each, andcost $35 each to produce. Warner tool company has fixed costs of$50,000.
a) calculate warner tool company's breakeven point?
b) how much profit (loss) will warner tool company have if itsells 1,000 rings? 8,000?
c) warner tools company's president, Dr. John Robinson expectsannual profit of $100,000. How many rings must be sold to attainthis profit?
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A company expects to begin the coming year with 6,000 ceramic pots in finished goods inventory. It expects to sell 85,000 ceramic pots and end the year with 8,000 pots in the finished goods inventory. Four pounds of clay go into each ceramic pot. The..
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