Calculate break-even point and profit, Finance Basics

Assignment Help:

Volpe Corporation produces class rings to sell to college and high school students. These rings sell for $75 each, and cost $30 each to produce. Volpe Corporation has fixed costs of $45,000.

a) Calculate Volpe Corporation's break-even point.
b) How much profit (loss) will Volpe Corporation have if it sells 800 rings? 6,000 rings?
c) Volpe's president, J. Volpe, expects an annual profit of $200,000. How many rings must be sold to attain this profit? 

 

 


Related Discussions:- Calculate break-even point and profit

What you meant by monetary function in financial system, What you meant by ...

What you meant by monetary function in financial system? A significant function of a financial system is the monetary function. The introduction about money in the economy enab

Advantages of development financial institutions, Advantages of Development...

Advantages of Development Financial Institutions Advantages or Functions or can say Case for Development Financial Institutions 1. They grant venture capital 2. They gra

Selection of remuneration policy, Selection of Remuneration Policy Th...

Selection of Remuneration Policy The alternative of a suitable remuneration policy through a company will depend, with another thing, on: 1. Cost: the extent to that the p

Creditors payment period ratio, Creditors Payment Period Ratio Credit...

Creditors Payment Period Ratio Creditors payment period =   365/ Creditors turnover                                           = (365 x Average creditors)/Annual credit pu

A+/a1, A+/A1 It is one of the top ratings that a ratings agency allots ...

A+/A1 It is one of the top ratings that a ratings agency allots to an issuer or insurer. This rating indicates that the security or carrier has steady financial backing and ple

Time value of money, How to calculate the present value of assignment??

How to calculate the present value of assignment??

Factors of capital structure, Factors of Capital Structure 1. Availab...

Factors of Capital Structure 1. Availability of securities - This influences the company's employ of debt finance that means such if a company has enough securities, so then

Find out total amount of sales, Imagine Joy is the sales manager in a compu...

Imagine Joy is the sales manager in a computer retail company and has summarized for each sales transaction the following information: Sales person Date of sales Uni

Basic eoq model, Basic EOQ Model The basic inventory decision model is...

Basic EOQ Model The basic inventory decision model is Economic Order Quantity or called EOQ model. This model is specified via the following equation as: Whereas:Q is

Distribution policies and fiscal, Distribution Policies   ...

Distribution Policies   Most Recent Fiscal Year Fiscal Year (-1) Fiscal Year (-2) Fiscal Year (-3)

Write Your Message!

Captcha
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