Calculation of breakeven units

Assignment Help Managerial Economics
Reference no: EM1372532

Jesse, Corporation, located in Mesa, Arizona, manufactures high-end baby chairs. The company's cost accountant, Lisa, has been assigned through the CEO to determine how many baby chairs Jesse, needs to make and sell in order to break even. She is given the following data:
Baby chair sales price = $15.00
Variable cost per baby chair = $9.00
Production worker salary = $1,350.00

Determine how many baby chairs Jesse, Inc., needs to make and sell in order to break even.

 

Reference no: EM1372532

Questions Cloud

Develop a formula predicting the percentage : A 3.00 kg bucket of water is raised from a well by a rope. If the upward acceleration of the bucket is 2.20 m/s2, find out the force exerted by the rope on bucket of water.
Implement bucket sort suing two-dimensional array : Where n is number of values to be sorted. Each row of two-dimensional array is referred to as bucket. Write class named BucketSort containing method called sort.
What is marginal rate of substitution between flour and rice : What is marginal rate of substitution between flour and rice. What is amount of rice and amount of flour he should be consumed to maximize his utility.
Purpose of need statement : What is the purpose of a need statement? What should it contain? What are some of the key factors that would help to determine whether or not an organization is ready to seek funding?
Calculation of breakeven units : Jesse, Corporation, located in Mesa, Arizona, manufactures high-end baby chairs. The company's cost accountant, Lisa, has been assigned through the CEO to determine how many baby chairs Jesse, needs to make and sell in order to break even.
What is the cheetahs kinetic energy : Through a hard sneeze, your eyes might shut for 0.70s. If you are driving a car at 100 km/h during such a sneeze, how far does the car move for the duration of that time.
Cultural and linguistic ties : Explain what you feel is the historic importance of China and India to the rest of Asia, and how that significance is reflected today. Are there cultural and linguistic ties between Asian countries?
Write program which uses while loops to input two integers : Write the program which uses while loops to perform the following steps: prompt the user to input two integers: firstNum and secondNum.(firstNum must be less than secondNum.
Changing patterns of social mobility in us : Assume you have the opportunity to do research on changing patterns of social mobility in the U.S. What specific question would you want to investigate

Reviews

Write a Review

Managerial Economics Questions & Answers

  Demand, supply and the market equilibrium

The article study for the demand, supply and the market equilibrium has been discussed. The article that has been review was published on August 2012.

  Calculating marginal revenue and optimum price

Suppose you are the manager of a company that produces output in two plants. The demand for your company's product is P = 78 - 15Q, where Q = Q1 + Q2.

  Define subsidy

Mr. Smith, has fallen behind on his work, he has asked you to help to make a letter for a local business or economic project.

  Finding the opportunity cost

You can either spend spring break working at home in Alabama for $200 per day for 5-days, or you can spend the week in Costa Rica where travel expenses will total $700.

  Determine optimal level of output

Making dresses is a labor intensive process. Indeed, production function of a dressmaking company is well described through the equation Q=L-L^2/800,

  Calculating units of output

Ann McCutcheon is  employed  as a consultant to a company producing ball bearings. This company sells in two distinct markets, each of which is completely sealed off from the other.

  Calculate manufacturer fixed cost

The accompanying table demonstrate a car manufacturer's total cost of manufacturing cars. Calculate manufacturer fixed cost

  Linear programming problem

Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.

  Determine the optimal package price

The American Baker's Association reports that yearly sales of bakery goods last year rose 15%, driven by a 50% increase in the demand for bran muffins

  Supply and demand in professional sports

Draw the individual cost curves on one graph: marginal cost, average total cost, average ?xed cost, and average variable cost. Place costs ($) on the y-axis and quantity (Q) on the x-axis.

  Compute the break even point in total sales dollars

A cost behavior analysis indicates that 75 percent of the cost of goods sold are variable, 50 percent of the selling expenses are variable, and 25 percent of the administrative expenses are variable.

  Diminishing marginal productivity states

The law of diminishing marginal productivity states that as more and more of a variable input is added to an existing fixed input,

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd