Calculate break-even point and profit, Finance Basics

Volpe Corporation produces class rings to sell to college and high school students. These rings sell for $75 each, and cost $30 each to produce. Volpe Corporation has fixed costs of $45,000.

a) Calculate Volpe Corporation's break-even point.
b) How much profit (loss) will Volpe Corporation have if it sells 800 rings? 6,000 rings?
c) Volpe's president, J. Volpe, expects an annual profit of $200,000. How many rings must be sold to attain this profit? 

 

 

Posted Date: 3/11/2013 1:21:36 AM | Location : United States







Related Discussions:- Calculate break-even point and profit, Assignment Help, Ask Question on Calculate break-even point and profit, Get Answer, Expert's Help, Calculate break-even point and profit Discussions

Write discussion on Calculate break-even point and profit
Your posts are moderated
Related Questions
Head Office and Branch or Subsidiary MNC has diverse operations set up in dissimilar geographical locations. The HQ acts like the principal and the subsidiary like an agent he

Financial Planning A financial manager along with present investment policies will be concerned along with how efficiently the company's funds are invested since it is from t

Allocation of financial resources to the different department can be done based on the past experience of the expenses and other available relevant information. Looking at the requ

on may 1, counts, inc has a balance of $1000 in office supplie. during may the company buys $500 more of the office supplies. on may 31 the company counts the supplies and finds 20

Development of Plastic Money in Middle Asia Motive behind the Fast Development of This Finance (Plastic Money) In Middle Asia a) High incidences of fraud via dishonest empl


Primary Markets - Financial Markets These are markets such deal along with securities that have been issued for the first moment. The money flows directly from transferor or t


Price - Sales of Goods Like where section 10 provides such the price for goods may like fixed by like: (i) Contract; and one is (ii) The manner provided within the contr

Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be worthless, and it will be depreciate