Fixed costs are $3,000, variable costs are $5 per unit. The company will manufacture 100 units and chart a 50% markup. Using the cost-plus pricing method, what will the selling price be? (2 pts)
Your company has fixed costs of $150,000 per year. The variable costs per unit in 2018 were $3 per unit, and 30,000 units were produced that year. Your company uses cost-based pricing and has a profit margin of $3 per unit. In 2019, production increased and your team had more experience—variable costs went down to $2 per unit because of your team’s higher skill and 65,000 units were produced that year. What is the change in selling price from 2018 to 2019? (2 pts)
Fixed Costs are $500,000. Per unit costs are $75, and the proposed price is $200. How many units must be sold to break even? How many units must be sold to realize a $200,000 target return? (2 pts)
Congratulations! You you just decided to become the proud owner of a new food truck offering traditional Mediterranean cuisine. Kitchen and related equipment costs are $100,000. Other fixed costs include salaries, gas for the truck, and license fees and are estimated to be about $50,000 per year. Variable costs include food and beverages estimated at $6 per platter (meat, rice, vegetable, and pita bread). Meals will be priced at $10.

Answers

Answer 1

Answer:

1. Using the cost-plus pricing method, the selling price = $5.25

2. The change in selling price from 2018 to 2019 is $3.69 or 33.5% reduction.

3. To break-even, unit sales = 4,000 units

To realize a target return of $200,000, the unit sales = 5,600 units

4. Units to break-even = 12,500 meals

Sales revenue at break-even point = $125,000

Step-by-step explanation:

a) Data and Calculations:

Fixed costs = $3,000

Variable costs per unit = $5

Units manufactured = 100 units

Total variable costs = $500 ($5 * 100)

Total costs = $3,500 ($500 + $3,000)

Cost per unit = $3.50

Markup percentage = 50%

Using the cost-plus pricing method, the selling price = $5.25 ($3.50 * 1.5)

b) Fixed costs per year = $150,000

Variable costs per unit = $3

Production units = 30,000

Total variable costs = $90,000 ($3 * 30,000)

Cost-based pricing with a profit margin = $3 per unit

Total costs = $240,000 ($90,000 + $150,000)

Cost per unit = $8 ($240,000/30,000)

Selling price per unit = $11 ($8 + $3)

Variable cost = $2 per unit

Production units = 65,000 units

Total costs = ($2 * 65,000 + $150,000)

= $280,000 ($130,000 + $150,000)

Unit cost = $4.31 ($280,000/65,000)

Selling price = $7.31 ($4.31 + $3)

Change in selling = $3.69 ($11 = $7.31) = 33.5%

c) Fixed costs = $500,000

Per unit costs = $75

Proposed price = $200

Contribution margin per unit = $125 ($200 - $75)

To break-even, unit sales = $500,000/$125 = 4,000 units

To realize a target return of $200,000, the unit sales = $700,000/$125 = 5,600 units

d) Kitchen and related equipment costs = $100,000

Other fixed costs per year = $50,000

Variable costs = $6 per platter

Price per meal = $10

Contribution margin per meal = $4 ($10 - $6)

Units to break-even = $50,000/$4 = 12,500 meals

Sales revenue at break-even point = $50,000/40% = $125,000


Related Questions

Compare the proportional relationships. Which represents the greatest price per pound for walnuts?

Answers

Answer:

the table which is the second choice

Step-by-step explanation:

Option A:

1.5 lb bag for $12.99

unit price: $12.99/(1.5 lb) = $8.66/lb

Option B:

unit price: $2.8/(0.2 lb) = $14/lb

Option C:

For the weight of 1 lb, the cost is $10.

unit price: $10/lb

Answer:

the table which is the second choice

what is the value of x in x(a+b)=b(c-x)​

Answers

Answer:

x = [tex]\frac{bc}{a+2b}[/tex]

Step-by-step explanation:

x(a + b) = b(c - x) ← distribute parenthesis on both sides

ax + bx = bc - bx ( add bx to both sides )

ax + 2bx = bc ← factor out x from each term on the left side

x(a + 2b) = bc ← divide both sides by (a + 2b)

x = [tex]\frac{bc}{a+2b}[/tex]

Michael has 13 dollars in his wallet. His father gives him his allowance for the week. Now Michael has 18 dollars. How many dollars did Michael's father give him?

Answers

Answer: 5 Dollars

Step-by-step explanation: You only have to substract 13 of 18, the answer of that is 5.

18-13=5
Michaels after give him $5

Pls look at picture for question

Answers

Step-by-step explanation:

30/6+3 = 5+3 = 8

hope this helps you.

I need help please I don’t know what to it is due today

Answers

Answer:

12 blue necklaces + 12 red necklaces = 24 necklaces. He will have 1 blue bead left over and 1 red bead left over.

Step-by-step explanation:

37/3 = 12.333 or 12 r1

25/2= 12.5 or 12 r1

1+1=2

1 red and 1 blue bead left over

Please see all the screenshots. I have included multiply problems in this one question.

Answers

Answer:

so basacilly the answer to all of the question is a

Step-by-step explanation: you welcome!

if you dont wear a retainer after braces can your teeth still be straight without wearing one cause mine still are and its been 6 months?

Answers

it will eventually go to where they were before braces, please wear your retainers!!
Teeth move so gradually you won't even notice until it's too late and your retainer wont fit anymore. Just wear your retainer. The cost of braces is so much, and to throw that all away because you don't want to wear the retainer is quite foolish.

PLEASE HELP!! DUE SOON!!! WILL GIVE 5 STARS ALONG WITH A HEART!!!

Answers

Answer:

8

Step-by-step explanation:

Find the value of the variable.

Answers

Answer:

Step-by-step explanation:

Draw a line from S to T'

T' is where the angle PTQ intersects the circle when SR is extended so that it hits the circumference of the circle.

This line bisects the 50 degree angle (which is given. It also bisects PRS.

y is shown on the diagram.

Your first job is to find y

It's y + 90 + 25 = 180  because all triangles are made up of 180 degrees.

y it turns out is 65 degrees.

Now comes the interesting part. PRT' is supplementary to y. It is labeled as 180 - y

<PRT' + Y = 180

y = 65

<PRT' = 180 - 65 = 115

Since PRT' = 115 and since PR = PT'  (They are both radii). x/2 + x/2+ 115 = 180   I'll talk about x/2 down below this.

x + 115 = 180  All triangles = 180

x = 65.

Where did x/2 come? As long as PTQ is situated on the arc that it is on then <PTQ is always going to be x. You will have to piece together the two diagrams to make this work.i

It's a very good application of circles and lines well worth your time to get to know.

PLEASE HELP ASAP I REALLY NEED HELP


Evaluate the function for x = 2 and x = 7, when f(x) = -4x + 61

Answers

for x=2....value will be 53

for x=7.....value will be 33

brainliest......

Statsssssssssssssssssssssssssssss

Answers

the answer is b = 6.

Write an equation for a line passing through the points (-1, 8) and (0, 5).

Answers

Answer:

y=-3x+5

Step-by-step explanation:

y=mx+c

point 1: (-1;8)

point 2: (0;5)

[tex]m = \frac{y2 - y1}{x2 - x1} [/tex]

[tex]m = \frac{5 - 8}{0 - ( - 1)} [/tex]

[tex]m = - \frac{ 3}{1} [/tex]

[tex]m = - 3[/tex]

subs point and gradient to get c

5=-3(0)+c

Therefore c=5

The equation is y=-3x+5

Help help help help hell

Answers

Answer:

51°

Step-by-step explanation:

angle2 is equal to 51 degrees

Answer:

∠2 = 51°

Step-by-step explanation:

These are consecutive interior angles that add up to 180°. Same as the other problem, you can solve for the angle like this:

[tex]x+129=180\\x=51[/tex]

Part A. What is the unit rate in dollars per hour for each company?


The unit rate for the 1st company is 2,86.


The unit rate for the 2nd company is 2,50.



Part B. Analyze Relationships Which company offers the best deal? Explain your answer.




Part C. What if? Another company offers a rate of $0.05 per minute. How would you find the unit rate per hour?

Answers

Answer:

i thinks its

the unot rate for the 1st company is 2,86

Step-by-step explanation:

help!!?1!1!1!1!1!1!1?1?1!?1?1!1?1!1?1?1?1?1??1?1!1

Answers

Joshua: 143.826 grams

Phoebe: 144 grams

Oliver: Unsure, but for sure what shouldn't happen

Joshua (advantage): It is actually good to include decimals into your information because more information helps assist in experiments with proper results but you must also not include unnessessary information

Phoebe (disadvantage): You should include decimals in information, especially relating to scale weighing and her method lacks decimals

Oliver (disadvantage): This experiment already involves grams and therefore you shouldn't change the form of measurement unless it requests for it to happen

Joshua: 143.826 grams (advantageous)

Phoebe: 144 grams (Disadvantage)

Oliver: Disadvantage

What is Rounding off?

Changing a number's digits so that it approximates a value is known as rounding a number. The provided number is more simply represented by this value. For instance, 700,000 rather than 698,869 could be used to express a town's population.

Joshua:

Although it is beneficial to add decimals in your data since more information aids in experiments producing accurate results, you should avoid including unnecessary information.

Phoebe's method lacks decimals, which is a drawback because it pertains to scale weighing and you should include them in information.

Oliver : As this experiment already uses grammes, you shouldn't modify the units of measurement until specifically instructed to do so.

Learn more about Rounding off here:

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Which term is defined as the distance from the center of a circle to any point on the circle?
A. Directrix
B. Diameter
C. Circumference
D. Radius​

Answers

Answer:

radius is the distance from the center of circle to any point of the circle.

Helppppppppppppppppppp

Answers

Answer:

<6

<4

Step-by-step explanation:

Remote interior angle is an interior angle that is not adjacent to the exterior angle of interest.

<6

<4

Ms. Jackson wants to rent a van for a week. It will cost the weekly fee plus $0.80 per mile driven. Let m = the number of miles Ms. Jackson drives during the week. Use this information and the table to answer 13-15.​

Answers

ANSWER: In order to calculate the total amount that Ms. Jackson will need to pay for renting we need to multiply the number of miles that she will drive by the price per mile driven. Once we have that product we can simply add the weekly fee (w) to it which will give us the total (T) amount that Ms. Jackson will have to pay for her trip. This can all be combined into the formula: T = w + 0.90m

A ant runs 45 inches in 15 seconds, a snail crawls 12 inches in 3 seconds. Who is faster? I need help please and thank you :)

Answers

45in/ 15 sec= 3in/sec

12in/ 3 sec = 4 in/sec

The snail moves at a faster rate then the ant does

Answer:

the snail

Step-by-step explanation:

in order to find who is faster you have to find how many inches each one does in one sec

Ant= 45/15 which is 3 inches per sec.

snail=12/3 which is 4 inches per sec.

so from the above calculations we can see that according to the question given a snail crawls faster than an ant runs

I hope this helps

The electric bills of household in a state are normal distribution the average of $85 with a standard deviation of $8. A sample of 25 households are selected random. Find the probability that the mean bill is less than $83.

Answers

Answer:

0.106

Step-by-step explanation:

We can plug this into normalcdf using the following values:

Lower bound = -1000

Upper bound = 83

Mean = 85

Standard deviation = pop. standard deviation / √(sample size) = 8/5 = 1.6

Which of the following expressions are equivalent?

1. 6(a + 2)

2. 6a + 12

3.(2a + 4)


A). Only expressions 1 and 2 are equivalent.

B). Only expressions 1 and 3 are equivalent.

C). Only expressions 2 and 3 are equivalent.

D). Expressions 1, 2, and 3 are equivalent.

HELP QUICCK PLSSS

Answers

1 and 2 are equivalent

Two linear equations are represented by using the tables below.
The data points for equation A are plotted on the coordinate plane below and are connected by using a straight line.
What is the solution to the system of equations?
A. (–6, –4)
B. (–5, –4)
C. (–3, –2)
D. (0, 1)

Answers

Answer:(-3,-2)

Step-by-step explanation:i did the test

Answer: C -3,-2

Step-by-step explanation:

How would the expression x3 -3 sqrt 3 be rewritten using difference of cubes?
O A. (x- 13 )(x2-3x - 3)
O B. (x+ 3)(x + 13 x + 3)
C. (x - 13 )(x2 + 3x + 3)
O D. (x- vb)(x2 + v3 x+3)

Answers

Answer:

x^3 - (√3)^3

I'm not so sure since it's not even an option

Step-by-step explanation:

x^3 - 3√3 = x^3 - 3^1 × 3^(1/2)from the laws of indices: 3^1 × 3^(1/2) = 3^(1 + 1/2)= 3^(3/2) which is the same as (√3)^3so it could be written as x^3 - (√3)^3

Marie bought 1/2 gallon of milk, which she finished after 6 days, If she drank the same amount of milk each day, how many gallons in a day did she drink?​

Answers

Answer:

Marie drunk 0.083 gallons of milk each day

20.4 is what percent of 17?

Answers

Answer:

120%

Step-by-step explanation:

20.4 ÷ 17 = 1.2

1.2 · 100 = 120%

judy gave 1/9 of her candies that she had to janet. with what she had remaining, she gave 1/2 to her brother. Judy now has 12 candies left. how many candies did she have at the beginning?

Answers

1/2 is half so 12+12=24

The chart below shows the number of tickets to the annual teachers VS.
students basketball game. What was the most number of tickets sold?

A. 12

B. 31

C. 40

D. 60

Answers

The answer to this question is A. 12

The most no. of tickets sold is 60.

What is bar graph?

The pictorial representation of data in the form of vertical or horizontal rectangular bars, whose length is proportional to the data's measurement, is known as a bar graph. Data are typically grouped in this way. Bar charts are another name for them. In statistics, bar graphs are one way to handle data.

Given  the graph between total student and number of ticket sold,

where students shown in Y axis and tickets sold in X axis,

as Shown in graph maximum number of tickets sold are 51 to 60

Hence the maximum number of ticket sold is 60.

Learn more about bar graph;

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you have to solve for X

Answers

Answer:

x = 5/8

Step-by-step explanation:

(1/2) / 4 = x / 51 / 8 = x / 5x = 5 / 8
(1/2)/4=x/51/8=x/55=8xx=5/8

Done

find the divergence and curl of the vector
F=(3x²y² +2z)i + (3x² + y +yz )j - (3x²z² +2yx + xyz)k

Answers

Divergence:

div(F) = ∂(3x²y² + 2z)/∂x + ∂(3x² + y + yz)/∂y - ∂(3x²z² + 2yx + xyz)/∂z

div(F) = 6xy² + 1 + z - 6x²z - xy

Curl:

curl(F) = [∂(3x² + y + yz)/∂z + ∂(3x²z² + 2yx + xyz)/∂y] i

… … … … … - [∂(3x²y² + 2z)/∂z + ∂(3x²z² + 2yx + xyz)/∂x] j

… … … … … + [∂(3x²y² + 2z)/∂y - ∂(3x² + y + yz)/∂x] k

curl(F) = (-xz - 2x - y) i + (6xz² + yz + 2y + 2) j + (6x - 6x²y) k

If you have three apples, and Jamal takes two.... what color is Jamal?

Answers

Answer:

Black

Step-by-step explanation:

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