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Author Question: A local toolmaker makes the best hammers on the market. The head of the hammer costs $12.11 and the ... (Read 270 times)

acc299

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on: Jun 7, 2019

Question 1

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

Sales $100 000
Costs:
Fixed Costs $???????
Variable Costs 15 000
Total Costs ???????
Net Income (Loss) $(20 000)

What are the company's fixed costs per fiscal period?
◦ $85 000
◦ $115 000
◦ $120 000
◦ $105 000
◦ $80 000

Question 2

A local toolmaker makes the best hammers on the market. The head of the hammer costs $12.11 and the handle costs $4.37. It takes 1.4 minutes to assemble the hammer and the hourly cost is $90.00 for assembly time. The company has fixed operating costs of $22 310 per month. They sell the hammers for three times their total variable cost. The company wants to make a monthly profit of $5000. How many hammers must they sell?
◦ 768
◦ 776
◦ 735
◦ 796
◦ 766
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by acc299 on Jun 7, 2019

jaaaaaaa

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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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acc299

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Reply #2 on: Jun 7, 2019
Thank you!


jaaaaaaa

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Reply #3 on: Jun 7, 2019
Always glad to help...


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