Novelties, Inc. produces and sells highly faddish products directed toward the pre-teen market. A new product has come onto the market that the company is anxious to produce and sell. Novelties plans to produce 30,000 units each month. Variable costs to manufacture and sell one unit would be $1.60 and fixed costs would total $45,000 per month. Novelties, Inc. plans to sell this new product for $2.50 per unit.

a. Calculate the break-even point in both units and sales dollars. What will be your advice to Novelties, Inc.?
b. Calculate the number of units that must be sold each month to earn a monthly net income of $9,000.
c. Create a spreadsheet solution to the problem.

What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.

Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?