Find the break-even quantity if pens sell

Assignment Help Management Theories
Reference no: EM133400258

Case: A producer of felt-tip pens has received a forecast of demand of 30,000 pens for the comingmonth from its marketing department. Fixed costs of $25,000 per month are allocated to the felt-tip operation, and variable costs are 37 cents per pen.

a. Find the break-even quantity if pens sell for $1 each.

b. At what price must pens be sold to obtain a monthly profit of $15,000, assuming that estimated demand materializes?

Reference no: EM133400258

Questions Cloud

Explain about forecasting shipping schedule : A small scale textile company namely Kibby and strand has shipping as a part of it. Consider it has 10 Employees just for shipping to be handled
What are these external accountability mechanisms : Why did these mechanisms emerge? What are these external accountability mechanisms, and finally, what are their strengths and weaknesses.
What specific steps should be taken to ensure : What specific steps should be taken to ensure that are you able to best control and monitor this "system"? Consider the value of shortening and consolidating
Make changes within the healthcare system : They can take a lead role in facilitating the evaluation of evidence in order to make changes within the healthcare system.
Find the break-even quantity if pens sell : Find the break-even quantity if pens sell for $1 each - At what price must pens be sold to obtain a monthly profit of $15,000, assuming that estimated demand
Do you think actions for wrongful birth, wrongful life : Do you think actions for wrongful birth, wrongful life, wrongful pregnancy, and wrongful adoption are appropriate? Why or why not?
Buying the product from the market or manufacturing : Based on this data, is it economical for ABC Ltd.to go for buying the product from the market or manufacturing in-house
How do the components fit together chronologically : Components of the Criminal Justice System Explain how the components of the criminal justice system function together. How do the components fit together
Discuss the merits and demerits of this statement : Discuss the merits and demerits of this statement with the help of practical examples. Draw compelling arguments for or against the forum question

Reviews

Write a Review

Management Theories Questions & Answers

  Developing an ohs training program

What information should be documented when developing an OHS training program? Give 2 reasons why the maintenance of OHS training records is important.

  The term gross domestic product gdp

What do you mean by the term Gross Domestic Product (GDP)?

  Was beachcomber correct in given situation

Beachcomber sued Boskett for rescission and a return of the $500. Beachcomber claimed this bilateral mistake of fact created grounds for a rescission. Was Beachcomber correct? Explain.

  Identify and define the four distinct elements of sub

Identify and define the four distinct elements of sub culture and identify and describe in which stages in the consumer decision making process.

  Question1 a manager of the financial institution you work

question1 a manager of the financial institution you work for manages a portfolio of shares with a value of 20 million

  Under a firm commitment agreement

The Green Hills Co. has just gone public. Under a firm commitment agreement, Green Hills received $26.04 for each of the 7 million shares sold. The initial offering price was $28 per share, and the stock rose to $32.30 per share in the first few m..

  Describe the characteristics and behaviours

Describe the characteristics and behaviours of someone you believe to be an ethical person

  Assess the vroom-yetton decision model

Based on the Thai movie, Thirteen Lives (2022), utilize the Vroom-Yetton decision model to assess.

  List and explain three strengths for leadership styles

List and explain three strengths and three weaknesses for EACH of the A,B,C,& D Leadership Styles.

  Compare different liabilities for selling education products

Ashley met Adam at a party and after a couple of drinks; Ashley found out that Adam is in the business of selling education products.

  Compute variance-number of bedrooms in renter-occupied house

The American Housing Survey reported the following data on the number of bedrooms in owner-occupied and renter-occupied houses in central cities.

  Analysis essay - diversity in leadership within a firm

Topic: Diversity in leadership within a firm allows managers to bring in new skills & methods for achieving unity within their teams and develop strong culture

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