Business, 15.02.2021 20:00 angebaez91
Serendipity Sound, Inc., manufactures and sells compact discs. Price and cost data are as follows:Selling price per unit (package of two CDs) $ 25.00 Variable costs per unit: Direct material $ 10.50 Direct labor 5.00 Manufacturing overhead 3.00 Selling expenses 1.30 Total variable costs per unit $ 19.80 Annual fixed costs: Manufacturing overhead $ 192,000 Selling and administrative 276,000 Total fixed costs $ 468,000 Forecasted annual sales volume (120,000 units) $ 3,000,000 In the following requirements, ignore income taxes. Required:1. What is Serendipity Sound’s break-even point in units? (Do not round intermediate calculations.)2. What is the company’s break-even point in sales dollars? (Do not round your intermediate calculations.)3. How many units would Serendipity Sound have to sell in order to earn $260,000? (Do not round intermediate calculations.)4. What is the firm’s margin of safety?5. Management estimates that direct-labor costs will increase by 8 percent next year. How many units will the company have to sell next year to reach its break-even point? (Do not round intermediate calculations.)6. If the company’s direct-labor costs do increase by 8 percent, what selling price per unit of product must it charge to maintain the same contribution-margin ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answers: 3
Business, 22.06.2019 23:00, inucornspineapple
Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.
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Business, 23.06.2019 04:20, hardwick744
What common business mistake can cost you everything
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Business, 23.06.2019 07:50, erinolson07cats
Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.
Answers: 1
Serendipity Sound, Inc., manufactures and sells compact discs. Price and cost data are as follows:Se...
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