Calculate their total fixed costs

Assignment Help Financial Accounting

Reference no: EM133346176

Question: Play Now sports manufactures plaques with Vladimir Guerrero Jr autograph stamped on them. Each plaque sells for $60. .

Costs for Play Now include

RENT $13,000

UTILITIES $12,000

INSURANCE $8,000

OFFICE STAFF SALARIES $12,000

MATERIAL COST FOR 1000 PLAQUES = $8,000

LABOUR COST FOR 1000 PLAQUES = $22,000

Calculate their TOTAL FIXED COSTS
Calculate the VARIABLE COSTS PER PLAQUE
Compute the break-even point in units and in dollars.
Find the sales(in units) needed to earn a profit of $22,000
If they sold 4,000 plaques, what is their gross profit margin and net profit margin?

Reference no: EM133346176

Questions Cloud

Prepare the hr budget for this training program : Prepare the HR budget for this training program. Provide 3 different possible metrics that might be impacted as a result of this training

Analyze the ethnocentrism vs cultural relativity : After reading all Chapter lesson content, enter a post in the "Ethnocentrism vs Cultural Relativity" forum in the discussion board.

What amount of warranty expense should be recorded in april : What amount of warranty expense should be recorded in April? What is the balance in the warranty provision at the end of April? Students may show

Identify social work roles demonstrated by the social worker : Submit a paper addressing the following: Briefly summarize the case. Identify the specific social work roles demonstrated by the social worker.

Calculate their total fixed costs : Calculate their TOTAL FIXED COSTS Calculate the VARIABLE COSTS PER PLAQUE Compute the break-even point in units and in dollars.

Is criminality hard-wired into some people : Read the following short article about crimes and family origins and see what you think about whether crime is a socially formed phenomenon.

Determine the single equivalent rate of discount : Determine the single equivalent rate of discount for the discount series 18%, 11%, and 5%.Single Equivalent Rate of Discount = % (rounded to two decimal places)

What do you see the role of the group therapist as : Tell us your thoughts about being a group therapist. Is it something that sounds interesting to you or something you would like to avoid?

What are the end of month payments before the renewal : What are the end of month payments before the renewal of the mortgage? P/Y = C/Y = N = I/Y = % PV = $ FV = $ PMT = $ (enter the rounded value

User Account

All Pages