Detailed explanation of break even

Assignment Help Advanced Statistics
Reference no: EM13115207

1) Jason processes and bottles jams. His fixed costs are 250 per month and the variable cost per jar is 1.20. He sells the jam to local grocery stores for 3.20 each. How man jars must he sell per year to break even and what will be his profit if he sells 3000 jars in a year?

2) Macbeth manufactures and replicates CDs for software and music recording companies. CD solutions sells each disc for 2.50. The VC per disc is 1.00. What must sales be in order to have a profit of 7500 per month?

Reference no: EM13115207

Questions Cloud

Describe the potential legal and ethical issues : Describe the potential legal and ethical issues associated with establishing new wild populations.
Description of levered beta : Company has an unlevered beta of 1.10, no debt, but is considering changing it's capital structure to be 30% debt and 70% equity, corporate tax rate is 40%, what is the levered beta?
Determine minimum expected annual return for stock : If Stocks 1 and 2 have expected returns of 9 percent and 10 percent per year, respectively, then what is the minimum expected annual return for Stock 3 that will enable Glenda to achieve her investment requirement?
Find out more protein in the apoptotic cells : We did a lab experiment where we compared the amount of protein in apoptotic and normal cells. Im trying to write my discussion but don't know if we would expect to find more protein in the apoptotic cells or the normal cells. I have asked this qu..
Detailed explanation of break even : Jason processes and bottles jams. His fixed costs are 250 per month and the variable cost per jar is 1.20. He sells the jam to local grocery stores for 3.20 each. How man jars must he sell per year to break even and what will be his profit if he s..
Explain work done by contract has different risks : You are planning on having some of the project work done by outside contractors. Why do you think work done by contract has different risks than in house work? Identify some of the risks
Making t-ledger and a journal : I just need help with setting this accounting question up on a t-ledger and a journal it has to be on an excel format as well. I am just confused on how to set it up
Will this loss of cyclohexane result in freezing point low : Some of the cyclohexane solvent vaporized during the temperature versus time measurement. Will this loss of cyclohexane result in its freezing point being recorded as too high, too low, or unaffected.
Explain what is ecdysis in this group : The molecular data=based tree creates a group called "Ecdysozoa". Explain what is "ecdysis" in this group?

Reviews

Write a Review

Advanced Statistics Questions & Answers

  Imc and promotional strategies of nike

Complete a minimum 800 word paper analyzing today's promotion strategies of the company you have chosen (Nike athletic shoes).

  Sale of partnership interest

Sue and Linda are equal partners in a partnership. Both partners had a basis of $160,000 on the date Sue decides to sell 1/2 of her share. On that date, Sue sells 1/2 of her interest to Alice for $60,000 cash.

  Break-even point and equilibrium point

A company, sells and repairs old bicycles and parts for replacement. Sell reconstructed pictures at a unit price of $ 50. The fixed cost of equipment for re construction of the tables is $ 500.

  Value of scientific notation

Is there value in expressing things in scientific notation? Specifically, provide an example regarding national debt. Is there any information lost in translation, and is that lost information important?

  Future value-concept and application

In a Word document, upload your answers to the following questions below. Very importantly - show all your work. If your final answer is wrong, you can still receive partial credit if you show all of your steps and demonstrate a good understanding..

  Uestion about quantitative analysis

Color View is a manufacturer of color monitors for personal computers. The company uses the EOQ model with gradual replenishment to determine the production lot sizes for its various models.

  Four type of measurement scales

Differentiate among the four type of measurement scales, and tell me the type of information. The advantage and disadvantages of open-ended questions and closed ended questions.

  Worker satisfaction-compensation strategy

How does one's ability, motivation and opportunities distinguish themselves as it relates to worker satisfaction? Explain the value of a strategic compensation strategy?

  Perform simple linear regression

Perform simple linear regression

  Market values of stocks

Given the following market values of stocks in your portfolio and their expected rates of return, what is the expected rate of return for your common stock portfolio?

  Test of hypothesis for furniture store

A furniture store claims that a specially ordered product will take on average, a mean of 42 days to arrive. The standard deviation of these waiting times is 7 days. We suspect that the special orders are taking longer than this.

  Credit default swap-unconditional default probability

Calculate a simple one-year credit default swap spread using a recovery rate of 30% and an unconditional default probability of 4%. Assume that there are no accruals, payments are made annually and ignore discounting any cash flows.

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