This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Trevor, the new owner of the vehicle accessory shop is considering buying sets of winter tires for ... (Read 496 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jun 7, 2019

Question 1

The operating budget of the Omega Twelve Company contains the following information.

Sales at 92% of capacity $644 000
Fixed costs $215 000
Variable costs 373 520588 520
Net income $55 480

a) Draw a detailed break-even chart.
b) Compute the break-even point as a percent of capacity.
c) Determine the break-even point in dollars if fixed costs are reduced by $11 200 while variable costs are changed to 62% of sales.

Question 2

Trevor, the new owner of the vehicle accessory shop is considering buying sets of winter tires for $299 per set and selling them at $520 each. Fixed costs related to this operation amount to $3 250 per month. It is expected that 18 sets per month could be sold. How much profit will Trevor make each month?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by HudsonKB16 on Jun 7, 2019

babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 7, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jun 7, 2019
Excellent


babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jun 7, 2019
Great! Please up vote :D


Ben Buckley

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Aug 14, 2023
Thank You


« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Relationship between winter rainfall and chuckwalla, Sauromalus, size Relationship between winter rainfall and chuckwalla, Sauromalus, size
Winter coat, Ottawa, Ontario Winter coat, Ottawa, Ontario
The Rodent Accessory Olfactory System The Rodent Accessory Olfactory System
Safety glasses should be worn at all times when working on or around any vehicle or servicing any ... Safety glasses should be worn at all times when working on or around any vehicle or servicing any ...
A first aid box should be centrally located in the shop and kept stocked with the recommended ... A first aid box should be centrally located in the shop and kept stocked with the recommended ...
Connect shop air to the canister and adjust the air pressure regulator to the desired setting. ... Connect shop air to the canister and adjust the air pressure regulator to the desired setting. ...
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library