Compute the break-even point in units-break-even point units

Assignment Help Business Economics
Reference no: EM131011414

The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez’s autograph stamped on them. Each bat sells for $55 and has a variable cost of $29. There are $40,820 in fixed costs involved in the production process.

a. Compute the break-even point in units. Break-even point units

b. Find the sales (in units) needed to earn a profit of $23,920. Sales quantity needed units

Reference no: EM131011414

Questions Cloud

Understanding the five stages of group development : Suggest at least one (1) scenario in which understanding the Five Stages of Group Development could help you to work more effectively in groups in the future. Provide a rationale for your response. Then, reflect on an experience that you had being a ..
Prepare a cash budget for the three month period ending dec : Prepare a cash budget for the three-month period ending December 31. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000.
Expected to generate no cash flows for several years : A building is expected to generate no cash flows for several years and then generate annual cash flows forever. What is the value of the building if the first annual cash flow is expected in 5 years from today, the first annual cash flow is expected ..
Present value of the annual cash flow that is expected : An investment, which is worth 10,500 dollars and has an expected return of 16.83 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow..
Compute the break-even point in units-break-even point units : The Hartnett Corporation manufactures baseball bats with Pudge Rodriguez’s autograph stamped on them. Each bat sells for $55 and has a variable cost of $29. There are $40,820 in fixed costs involved in the production process. Compute the break-even p..
Open golf championship was held : In 1907, the first U.S. Open Golf Championship was held. The winner’s prize money was $270. In 2012, the winner’s check was $1,470,000. Requirement 1: What was the annual percentage increase in the winner’s check over this period?
What will be the return on your investment : You have $3,100 you want to invest in your classmate’s start up business. You believe the business idea to be great and hope to get $3,950 back at the end of three years. If all goes according to the plan, what will be the return on your investment?
How much money should you put in a savings account : If you want to have $301,301 in 19 years, how much money should you put in a savings account today? Assume that the savings account pays you 6.99 percent, compounded monthly. Cooling Tools, Inc. is currently producing 671 of small refrigerators per m..
Please provide the proper journal entries : Purity Landscaping Co. usually receives a monthly phone bill for $200, in which a check is issued for immediately. However, for this month end, the bill never came.

Reviews

Write a Review

Business Economics Questions & Answers

  Demand curve is upward-sloping

In theory, “Giffen good” is a good for which the demand curve is upward-sloping, which violates the law of demand. Please provide at least one example as a Giffen good and explain briefly why the demand curve is upward-sloping.

  Consider the economy of hicksonia

Consider the economy of Hicksonia. The money demand function in Hicksonia is (M/P)^d = Y - 200r. The money supply M is 3000 and the price level P is 3. Graph the LM curve for r ranging from 0 to 8. Find the equilibrium interest rate r and the equilib..

  Define a utility function

The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water.

  Average variable costs are constant at all output levels

UPS offers overnight package deliver to canadian business customers .UPS has recently decided to expand its facilities to better satisfy current and projected demand. current volume total 2 million packages per week at price of $ 12 each ,and average..

  Conflicting political economic perspectives exist

Conflicting political economic perspectives exist between many nations. Using the United States , Japan, and the former Soviet Union as examples, describe how each nation views capitalism and name at least 2 policy tools used by each to advance their..

  Illustrate when a cold snap hits florida

Illustrate when a cold snap hits florida, the proce of orange juice rises in supermarkets throughout the country

  Lightweight personal locator

Lightweight personal locator beacons are now available to hikers that make it easier for the Forest Service's rescue teams to locate those lost or in trouble in the wilderness. How will this affect the costs that the Forest Service incurs?

  Find out the equation for the linear supply curve

Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.

  What is the equilibrium price and quantity sold of product

The demand for a product is Qd=100-4P-3Px and supply is Qs=10+2P, where Q is the quantity of the product, in thousands of units, P is the price of the product, and Px is the price of another good. When Px = $20, what is the equilibrium price and quan..

  Fiscal balance is likely to be influenced

Which fiscal balance is likely to be influenced and Explain how by treating human capital investments the same as physical capital investments.

  Q1 banking system presently has 200b of bank explanation

q1. banking system presently has 200b of bank explanation none of which are excess. citizens clutch only deposits also

  Qsuppose that a professor p has recruited a teaching

q.suppose that a professor p has recruited a teaching assistant mr. a. professor p needs to increase her payoff

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