Reference no: EM13915850
Flip had sales of $10,000 (100 units at $100 per). Manufacturing costs consisted of direct labor $1,500, direct materials $1,400, variable factory overhead $1,000, and fixed factory overhead $500. The company did not maintain any inventories, so total cost of goods sold was $4,400. Selling expenses totalled $1,600 ($600 variable and $1,000 fixed), and administrative expenses totaled $1,500 ($500 variable and $1,000 fixed). Operating income was $2,500. Round all final answers to nearest dollar or whole number.
Requirements:
a. What is the breakeven point in sales dollars and in units if the fixed factory overhead increased by $1,700?
b. What is the breakeven point in sales dollars and in units if costs remain as originally projected?
c. What would be the operating income be if sales units increased by 25%
|
Confidence interval for the proportion of individuals
: Construct a 95% confidence interval for the proportion of individuals in the target market segment who are aware of the firm's new brand. If you use Excel and/or StatTools, please specify any functions you use and all the inputs.
|
|
Cost of goods sold
: What is cost of goods sold?
|
|
Concentration of carbon dioxide
: An increase in the concentration of carbon dioxide in the atmosphere is contributing to
|
|
Short-term or long-term unemployment
: Are the following workers more likely to experience short-term or long-term unemployment? Explain.
|
|
Final answers to nearest dollar or whole number
: The company did not maintain any inventories, so total cost of goods sold was $4,400. Selling expenses totalled $1,600 ($600 variable and $1,000 fixed), and administrative expenses totaled $1,500 ($500 variable and $1,000 fixed). Operating income was..
|
|
Conduct team meetings to decide on a product or service
: Conduct team meetings to decide on a product or service, develop a work plan, assign responsibilities, and create a schedule.
|
|
Single sign-on access
: Some business and organizational network infrastructures consist of multiple systems from the same or different vendors to provide, conduct, process, and execute various business functions.
|
|
Merger-acquisition and international strategies
: Choose two (2) public corporations in an industry with which you are familiar - one (1) that has acquired another company and operates internationally and one (1) that does not have a history of mergers and acquisitions and operates solely within ..
|
|
Denote the set of positive integers
: In this assignment, N will denote the set of positive integers, Z the set of all integers, Q the set of all rational numbers, and R the set of all real numbers. After any problem statement, feel free to hit the Enter key as often as you need to ma..
|