How many phones must be sold to achieve

Assignment Help Finance Basics
Reference no: EM13265635

U.S. Telephone Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10% (based on the unit sales price per phone). Fixed manufacturing costs total $1,300 per month, while fixed selling and administrative costs total $2,320. How many phones must be sold to achieve the breakeven point?

Reference no: EM13265635

Questions Cloud

Compute the vapor pressure of a solution containing : Calculate the vapor pressure of a solution containing 25.3g of glycerin C3H8O3 in 125mL of water at 30.0C. The vapor pressure of pure water at this temperature is 31.8torr}. Assume that glycerin is not volatile and dissolves molecularly (i.e., it ..
What is swimkidss margin of safety : Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $18 per unit. Fixed costs are $86,500. Swimkids expects sales of $265,300 next year. What is Swimkids's margin of safety?
Find the total vector displacement and south west : A motorist drives south at 22.0 m/s for 3.00 min, then turns west and travels at 25.0 m/s for 3.00 min, Find the total vector displacement and south west
What is transformer efficiency when output voltage is 120v : a single phase 10kVA, 2400/120 V transformer has the following equivalent measurements (referenced to high side): Rc 64k ohms, Xm 9.6k ohms, Re 19.3 ohms, Xe 73.3 ohms. if the secondary load is Zl = 5 angle 30 degrees ohms
How many phones must be sold to achieve : while fixed selling and administrative costs total $2,320. How many phones must be sold to achieve the breakeven point?
What voltage does the secondary coil of transformer provide : The battery charger for an MP3 player contains a step-down transformer with a turns ratio of 1:27, What voltage does the secondary coil of the transformer provide
How much loss would the company recognize : Randy's tireland makes a product that sells for $62 per unit and has $51 per unit in variable costs. Annual fixed costs are $24,000. If Rambles sells 10 units less than breakeven, how much loss would the company recognize on its income statement?
At what load will maximum efficiency occur : a single phase 100 kVA, 1000/100 V transformer gives the following test results: Open Circuit test: 100V, 6.0 A and 400 W Short Circuit test: 50V, 100A and 1800W At what load will maximum efficiency occur
What is the maximum you should pay for this stock : After this initial period of super growth, the rate of increase in the dividend should decline to 8 percent. If you want to earn 12 percent on investments in common stock, what is the maximum you should pay for this stock?

Reviews

Write a Review

Finance Basics Questions & Answers

  Determination of future value

Assume that you wish to save for your child's college education by opening up an educational IRA. You plan to deposit $100 per month into the IRA for the next eighteen years.

  Explain what is the npv of an investment

Explain what is the NPV of an investment that cost $2500 and pays $1000 certain at the end of one, three and five years

  Addresses the gonzo co

Gonzo Co. owns a building in Georgia. The building's historical cost is $970,000, and $440,000 of accumulated depreciation has been recorded to date. During 2011, Gonzo incurred the following expenses related to the building

  Calculate roel and roeu

Suppose you work for the CEO of a new company that plans to produce and sell a new product, a watch that has an embedded TV set & a magnifying glass crystal.

  Difficulties in organizing a casebook

What are some of the difficulties which can be present when organizing the casebook?

  Explain the term direct finance

If financial markets operated perfectly and without cost financial intermediaries would not exist. All finance would be direct finance. Describe what is meant by the term direct finance.

  How many of coupon bonds should east coast yachts

How many of coupon bonds should East Coast Yachts issue to increase the $40 million? How many of zeroes must it issue.

  Contrast primary market and secondary market transactions

Financial management is concerned with the maintenance and creation of wealth. For the risk-averse financial manager, the more risky a given course of action, the higher the expected return must be.

  Transaction of foreign currency

Grete Corp. had the following foreign currency transactions during 2009: In Grete's 2009 income statement, what amount should be included as a foreign exchange loss?

  Computation of break even points

Computation of break even points - What would the breakeven volume be at this new selling price?

  Evaluation of fixed operating cost for achieving target

Computation of fixed operating cost for achieving target profits - How large can Rogers' fixed operating costs be if he is to meet his profit target?

  Explain what is the cost of this preferred issue

Explain the flotation costs were $1.50 a share and the issue will be retired in 20 years at its $30 par value. What is the cost of this preferred issue?

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