Compute the break-even point in units-break-even point units

Assignment Help Business Economics
Reference no: EM131011414

The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez’s autograph stamped on them. Each bat sells for $55 and has a variable cost of $29. There are $40,820 in fixed costs involved in the production process.

a. Compute the break-even point in units. Break-even point units

b. Find the sales (in units) needed to earn a profit of $23,920. Sales quantity needed units

Reference no: EM131011414

Questions Cloud

Understanding the five stages of group development : Suggest at least one (1) scenario in which understanding the Five Stages of Group Development could help you to work more effectively in groups in the future. Provide a rationale for your response. Then, reflect on an experience that you had being a ..
Prepare a cash budget for the three month period ending dec : Prepare a cash budget for the three-month period ending December 31. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000.
Expected to generate no cash flows for several years : A building is expected to generate no cash flows for several years and then generate annual cash flows forever. What is the value of the building if the first annual cash flow is expected in 5 years from today, the first annual cash flow is expected ..
Present value of the annual cash flow that is expected : An investment, which is worth 10,500 dollars and has an expected return of 16.83 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow..
Compute the break-even point in units-break-even point units : The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez’s autograph stamped on them. Each bat sells for $55 and has a variable cost of $29. There are $40,820 in fixed costs involved in the production process. Compute the break-even p..
Open golf championship was held : In 1907, the first U.S. Open Golf Championship was held. The winner’s prize money was $270. In 2012, the winner’s check was $1,470,000. Requirement 1: What was the annual percentage increase in the winner’s check over this period?
What will be the return on your investment : You have $3,100 you want to invest in your classmate’s start up business. You believe the business idea to be great and hope to get $3,950 back at the end of three years. If all goes according to the plan, what will be the return on your investment?
How much money should you put in a savings account : If you want to have $301,301 in 19 years, how much money should you put in a savings account today? Assume that the savings account pays you 6.99 percent, compounded monthly. Cooling Tools, Inc. is currently producing 671 of small refrigerators per m..
Please provide the proper journal entries : Purity Landscaping Co. usually receives a monthly phone bill for $200, in which a check is issued for immediately. However, for this month end, the bill never came.

Reviews

Write a Review

Business Economics Questions & Answers

  Graph the supply and demand curves

The equation for the demand curve for hotel rooms in Boston is given by P = 5000-0.48Qd. The supply curve is given by P = 0.02Qs. Prices are nightly rates in dollars.

  Sales tax on goods where the price elasticity of demand

Governor Brown, from the state of Taxifornia, wants to increase sales taxes to bring in badly needed revenue to support state operations. He is looking at taxing various goods and services. Will the state tax revenue be greater if the state imposes a..

  Key concepts to include in your paper--data trends

Key concepts to include in your paper--data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.

  Production functions have constant

Determine whether the following production functions have Constant, Decreasing or Increasing Returns to Scale (a formal proof is required).

  Assume the farmer buys insurancewhat is their consumption

Assume the farmer buys insurance that pays 3$ if it doesn't rain but costs 2$. Illustrate what is their consumption when it rains.

  Maximum profits are made when marginal revenue

When a producer makes more goods at every possible price. The theory of production deals with the relationship between the factors of production and. Maximum profits are made when marginal revenue. One advantage of e-commerce is that

  How may you apply what you learned about supply and demand

How may you apply what you learned about supply and demand from the simulation to your workplace or your understanding of a real-world product with which you are familiar?

  Hot day also bert is thirsty

It is a hot day also Bert is thirsty. Here is value he places on a bottle of water.

  What is the future worth of this investment

Covington Corporation purchased a vibratory finishing machine for $20,000 in year 0. The useful life of the machine is 10 years, at the end of which the machine has zero salvage value. The machine generates net annual revenues of $6,000. The annual o..

  Savings account pays

After getting her first job, a college graduate wants to begin saving money so she can pay cash for a new car. She wants to save enough each month to have $24,000 at the end of 5 years, and her savings account pays 6% interest, compounded monthly. Ho..

  Forces of good army

Suppose that the forces of good have an army of 1 million and the forces of evil have an army of 500,000.Using the rule of 70, in approximately how many years will the forces of evil catch-up with the forces of good.

  Assume the compounding period changes to monthly

What is the future value of a $900 deposit that earns an annual interest rate of 8% compounded quarterly, 5 years from now? Now assume the compounding period changes to monthly, how much more or less will you earn?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd