The following information pertains to Nova Co.'s cost-volume-profit relationships: Breakeven point in units sold 1,000 Variable expenses per unit $ 500 Total fixed expenses $ 150,000 How much will be contributed to net operating income by the 1,001st unit sold

Ms. sophia jones, the company president, has heard that there are multiple breakeven points for every product. she does not believe this and has asked you to provide the evidence of such a possibility. some information about the company for 2017 is as follows:

Some years ago it was estimated that the demand for steel approximately satisfied the equation p=194-25x x, and the total cost of producing x units of steel was upper c left parenthesis x right parenthesis equals 145 plus 40 x. (the quantity x was measured in millions of tons and the price and total cost were measured in millions of dollars.) determine the level of production and the corresponding price that maximize the profits.

What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.