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
Do your experts provide Future Value of Single or Multiple Cash Flows assignment help? I need urgent help in my college assignment.

The Genesis operations management team, nearing completion of its agreement with Sensible Essentials, was asked by senior management to present a capital plan for the operating exp

What factors would affect company consider in choosing option for capital-raising

Profitability in relation to investment - Profitability Ratio a) Return on Investment (ROI) or return on total asset (ROTA) = (Net profit/ Total asset) x 100 The ratio i

ksklklsdfmklsnakakngjkalkgblakbgklabgklagkbaskgbljas a kalks las lgaskgbak a lv aslglaksglas la sla

1. The Marlin Company operates 50 weeks a year, and its cost of goods sold last year was $1,500,000. The firm carries six items in inventory: three raw materials, two work-in-proce

give an introduction about stock exchage in india,,includig BSE

Example of Capital Asset Pricing Model KK Ltd is an all equity firm whose Beta factor is 1.2, the interest rate on T. bills is currently at 8.5% and the market rate of return

Drawback of Stock Repurchases 1. High price A company may find it not easy to repurchase shares at their recent value and price paid may be higher to the detriment of rem