How many new boards per month will they need to sell

Assignment Help Financial Management
Reference no: EM132036479

Use the following data for the next 3 problems

Roxie's Surf Shop is expanding their product line, adding a high end surf board to their existing basic product.

Their fixed costs for the equipment needed for the new boards is $5700 per month.

The new board will cost $278 per board and they can be sold for $450.

1.) How many new boards per month will they need to sell to breakeven quantity per month?

2.) If the fixed costs are reduced to $4800 per month what is the new breakeven quantity?

3.) If the fixed costs stay at $5300 and they want to have at least $1000 per month in profit how many boards should they sell?

Reference no: EM132036479

Questions Cloud

What is the payback period : In years 1 through 5 you made $10000 per year from the machine. In year 3 you had to pay an additional $10000 to keep the machine going.
How many pounds would you receive : How many pounds would you receive for 50,000 euros on 2/19? Round intermediate steps to four decimals and your final answer to two decimals.
Calculate the expected monetary values : Calculate the Expected monetary values for the three options and give the recommendation based on EMV.
Develop a compelling strategy and proposal for the NFL : Develop a compelling strategy and proposal for the NFL and NBA to expand their operations and teams into three global markets
How many new boards per month will they need to sell : If the fixed costs stay at $5300 and they want to have at least $1000 per month in profit how many boards should they sell?
What is your annual compounded interest rate : You deposit $ 4,500.00 in a bank earning 10% monthly compounded interest rate, how much will you have in 8 years?
Determine the monthy mortgage payment : Determine the monthyl mortgage payment on a $150,000 mortgage if the Sampsons obtain a new mortgage at the 4.9% interest rate.
Evaluate each of the following statements : Financial statements do not need to be analyzed because the numbers speak for themselves.
How many of the september contracts are currently open : How many of these contracts should you sell if you wish to deliver 85,000 bushels of corn in September?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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