How many hammers must they sell

Assignment Help Accounting Basics
Reference no: EM133121785

Question - A local tool maker makes the best hammers on the market the head of the hammer cost $12.11 the handle cost $4.37 it takes 1.4 minutes to assemble the hammer and the hourly cost is $90 for assembly time the company has fixed operating cost of $22,310 per month they sell the hammers for three times their total variable cost the company wants to make a monthly profit of that 5000, how many hammers must they sell?

Reference no: EM133121785

Questions Cloud

Calculate the amount of each payment : Zefi & Acacia are thinking of purchasing a house at a cost of $320,000. They have saved $80,000 as a down payment and the rest will be secured by a mortgage. Th
Protect the benefits and rights of the investors : Financial institutions play an important role in the financial markets as a middleman to channel the liquidity among the investors who have surplus and deficit
What is the expected return of the resulting portfolio : Your client is intending to invest 35% of their capital in Security X and rest of their capital in Security Z. What is expected return of resulting portfolio
Calculate the steel cross section area for the ties : Calculate the steel cross section area for the ties and Calculate the minimum dimensions for the cross section of the struts
How many hammers must they sell : A local tool maker makes the best hammers on the market the head of the hammer cost $12.11 the handle cost $4.37. How many hammers must they sell
Confidence interval of the value : A portfolio manager estimates that the volatility of her daily portfolio losses is 1.2%. She also expects this portfolio to bring a loss of -2% per year. Assume
Estimate each division eva : Estimate each division's EVA. Do you agree with the VP of Development? Should the company immediately eliminate the Date Division? Why of why not
What is the standard deviation of returns : The returns on a portfolio during the last three years were 4 percent, -15 percent, and 12.5 percent. What is the standard deviation of these returns?
At what percentage of capacity is the break-even point : The plant has general and administrative costs of $55,000 and fixed selling expenses of $37,500. At what percentage of capacity is the break-even point

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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