subject
Business, 24.06.2019 13:40 Tbutler21

Outback outfitters sells recreational equipment. one of the company’s products, a small camp stove, sells for $50 per unit. variable expenses are $32 per stove, and fixed expenses associated with the stove total $108,000 per month. required: 1. what is the break-even point in unit sales and in dollar sales? 2. if the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (assume that the fixed expenses remain unchanged.) 3. at present, the company is selling 8,000 stoves per month. the sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. refer to the data in (3) above. how many stoves would have to be sold at the new selling price to attain a target profit of $35,000 per month?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:00
When is going to be why would you put money into saving account
Answers: 1
question
Business, 22.06.2019 06:40
Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.
Answers: 2
question
Business, 22.06.2019 21:00
After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.
Answers: 3
question
Business, 22.06.2019 21:40
The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.
Answers: 1
You know the right answer?
Outback outfitters sells recreational equipment. one of the company’s products, a small camp stove,...
Questions
question
Mathematics, 18.12.2021 05:40
question
Chemistry, 18.12.2021 05:40
Questions on the website: 13722361