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Author Question: A company that makes basketballs has calculated their revenue and costs as follows for the most ... (Read 298 times)

Awilson837

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  • 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
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Marked as best answer by Awilson837 on Jun 7, 2019

ankilker

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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.
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chrissywissy2

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Reply #2 on: Jul 24, 2020
Thank you


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