Softball team as a form of advertising

Reference no: EM13129355

The following monthly data are available for RedEx, which produces only one product that it sells for $84 each. Its unit variable costs are $28 and its total fixed expenses are $64,960. Sales during April totaled 1,600 units.

(a) How much is the breakeven point in sales dollars for RedEx?

(b) How many units must RedEx sell in order to earn a profit of $24,640?

(c) A new employee suggests that RedEx sponsor a company softball team as a form of advertising. The cost to sponsor the team is $1,792. How many more units must be sold to cover this cost?

Reference no: EM13129355

Questions Cloud

At what amount would the investment be reported : Schoomer Corp. paid $200,000 to purchase 30 percent of the stock of Shape, Inc. this year. At the end of the year, Shape reported net income of $50,000 and declared and paid dividends of $20,000.

Examine the factors involved in translating the statements : Examine the factors involved in translating the statements of a foreign entity operating in a highly inflationary economy and determine which single factor carries the most weight. Explain your rationale.

Poem about chaucer''s ironic, sarcastic style of writing : Taking what you have come to understand about Chaucer's ironic, sarcastic style of writing, you now have the opportunity to make your own 21st Century Canterbury Tale!

Concentration of barium ions : A 20.0 ml sample of 0.200 M K2CO3 solution is 30.0 ml of 0.400 M Ba(NO3)2 solution. Barium Carbonate precipitates. The Concentration of barium ions, Ba^2+, in solution after reaction is?

Softball team as a form of advertising : A new employee suggests that RedEx sponsor a company softball team as a form of advertising. The cost to sponsor the team is $1,792. How many more units must be sold to cover this cost?

How many grams of no will have been formed : In a particular experiment, 2.25 g of NH3 and 3.75 g of O2 are placed in a container and allowed to react. How many grams of NO will have been formed when all of the limiting reactant has been consumed.

Find out how the company you selected should address : find out how the company you selected should address its free cash flow, either through distributions to shareholders or repurchasing of stock. Explain your rationale.

What is the maximum number of orbitals : What is the maximum number of orbitals that can be identified by each of the following sets of quantum numbers?

Breakeven point in sales dollars for redex : The following monthly data are available for RedEx, which produces only one product that it sells for $84 each. Its unit variable costs are $28 and its total fixed expenses are $64,960. Sales during April totaled 1,600 units. (a) How much is the b..

User Account

All Pages