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

Author Question: A company that makes basketballs has calculated their revenue and costs as follows for the most ... (Read 302 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 7, 2019

Question 1

A company that makes audio computer input devices has calculated their revenue and costs as follows for the most recent fiscal period:

Sales $723 000
Costs:
Fixed Costs $345 000
Variable Costs 404 880
Total Costs 749 880
Net Income (Loss) $(26 880)

The company has a target level of profitability of $35,000 per fiscal period. What sales dollar volume do they have to achieve in order to achieve their goal?
◦ $616 071.43
◦ $784 090.91
◦ $678 571.43
◦ $863 636.36
◦ $840 909.09

Question 2

A company that makes basketballs has calculated their revenue and costs as follows for the most recent fiscal period:

Sales $623 000
Costs:
Fixed Costs $???????
Variable Costs 404 880
Total Costs ???????
Net Income (Loss) $(26 880)

What are the company's fixed costs per fiscal period?
◦ $191 240
◦ $2 18120
◦ $1 001000
◦ $245 000
◦ $1 054 760
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 Awilson837 on Jun 7, 2019

ankilker

  • Sr. Member
  • ****
  • Posts: 328
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 25% of students answer this correctly


chrissywissy2

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Jul 24, 2020
Thank you


« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Chem problem calculated Chem problem calculated
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
How body makes blood flow more into brain instead of foot? How body makes blood flow more into brain instead of foot?
Benefits and costs of herbicide applications Benefits and costs of herbicide applications
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library