What sales volume would be required in order to meet

Reference no: EM13273366

A group of venture investors is considering putting money into Lemma Books, which wants to produce a new reader for electronic books. The variable cost per unit is estimated at $250, the sales price would be set at twice the VC/unit, fixed costs are estimated at $750,000, and the investors will put up the funds if the project is likely to have an operating income of $500,000 or more. What sales volume would be required in order to meet this profit goal?

Reference no: EM13273366

Questions Cloud

Explain use method of least squares to find uncertainties : a) Subtract blank value (0.2 mV) from each measured signal. Make graph to find volume % of C2H2 in unknown b) Use method of least squares to find uncertainties in slope & intercept of your graph & estimate the uncertainty in answer to a.

Corporate social responsibility policy : Research, individually, a corporate social responsibility (CSR) policy at a large organization. Prepare to discuss the benefits and disadvantages of the policy with your team. Imagine your team represents the executive committee at an imaginary organ..

Find the smallest radius of curvature acceptable for track : A train has a speed of v = 66.5 km/h. If the acceleration experienced by the passengers is to be less than 0.35 g, find the smallest radius of curvature R acceptable for the track

Explain what is the molarity of potassium chloride : The density of ocean water at a depth of 10,000 m is 1.071 g/mol and if 27 g of water at that depth contains 185 mg of potassium chloride, what is the molarity of potassium chloride in the sample

What sales volume would be required in order to meet : What sales volume would be required in order to meet this profit goal?

Compute the absolute pressure in the tank in : A pressure gauge on a welder's tank gives a reading of 22.4 psig.The barometer reading is 26.6 in. Hg. Calculate the absolute pressure in the tank in:

Write a story about the most memorable vacation : Write a story about the most memorable (good or bad) vacation/trip/journey you have taken.

Id the invention of the camera change the arts : In the 19th century, the camera was a revolutionary invention. Did the invention of the camera change the arts? Why or why not? Is there a relationship between movements such as realism and impressionism and the camera?

How is the break-even point calculated : Willington rings produces class rings that sell for $75.00 ea and cost $35.00 to produce. they havea fixed cost of $50,000. How is the break-even point calculated?

User Account

All Pages