Break-even volume in cd units and dollars

Assignment Help Operation Management

Reference no: EM132223028

For the following problems, you’ll need to get the values for certain questions based on your birthdate. Make sure you show all your work for every problem. To begin with, enter your birthdate using the MM/DD/YYYY format. Is 10/27/1994

The latest single from the Groovy Boogies has just been released. Use the values from your date of birth following the instructions below to identify the costs below. Then, use the costs to make the calculations listed in parts a) through d) below.

CD package and disc (direct material and labor) = your date as cents (e.g., 15 cents/CD or $.15/CD)

Songwriters’ royalties = your month as cents (e.g., 2 cents/CD or $.02/CD)

Recording artists’ royalties = $1.15/CD

Advertising and promotion = your year multipled by hundred (e.g, $199,800)

Studio Recordings, Inc., overhead = $275,000

Selling price to CD distributor = your year divided by 1000 (e.g., $1.998/CD)

Calculate the following:

a. Contribution per CD unit

b. Break-even volume in CD units and dollars

c. Net profit if 1 million CDs are sold

d. Necessary CD unit volume to achieve a $200,000 profit

Reference no: EM132223028

Questions Cloud

Acquisition processes in capital goods versus services : Compare the acquisition processes in capital goods versus services.

Determine the optimal order quantity : Determine the optimal order quantity(EOQ). Compute the ROP (reorder point)

New technology contributes to global provision of services : Provide three examples of how new technology contributes to the global provision of services. A business executive has the option to invest money in two plans:

Customers through means of accessible drone technology : Mission: deliver healthcare supplies to our customers through the means of accessible drone technology.

Break-even volume in cd units and dollars : Calculate the following Contribution per CD unit. Break-even volume in CD units and dollars.

Some of behaviors and or traits seen in conflict situation : What are some of the behaviors and or traits seen in a conflict situation that lead to unproductive conflict outcomes?

Customer relationship management-supply chain management : Compare customer relationship management and supply chain management. How are they similar? How are they different?

What are the benefits of tracking metrics : Metrics are used to measure improvements in supply chain management. What are the benefits of tracking metrics?

What are external stakeholders : What are external stakeholders? Describe at least three external stakeholders in the task environment.

User Account

All Pages