Some home business expenses-inventory-packaging

Assignment Help Business Economics
Reference no: EM13829986

Some home business expenses), but their variable expenses are quite high (e.g. inventory, packaging, and transportation).

Hint: pages 250-251 of your textbook

Using the textbox for this assignment - provide Ludmilla and Magda with an idea of how many SKU's they will probably have to sell before they reach aBreak-Even Point.

Data to use is based on the women's forecast of sales and expenses (they had help from a SCORE volunteer):

Anticipated sales revenue in the first six months: $70,000

Anticipated variable expenses & costs of goods sold in the first six months: $42,000

Anticipated fixed costs in the first six months: $4,000

Average unit (SKU) sales price: $5.00

How many SKU's do they have to sell to reach their BEP?

Reference no: EM13829986

Questions Cloud

Why is the demand curve for a monopolist downward sloping : Why is the demand curve for a monopolist downward sloping, while the demand curve for the perfectly competitive firm is horizontal?
Optimal capital structure after the breakup : When the Bell System was broken up, the old AT&T was split into a new AT&T in addition to seven regional telephone companies. The specific reason for forcing the breakup was to increase the degree of competition in the telephone industry. Do you thin..
Jacob''s savings account balance : Jacob earned $80 babysitting and deposited the money into his savings account. The next week he spent $85 on video games. Use integers to describe the weekl changes in Jacob's savings account balance.
Circuit design for moisture sensor amplifier : Circuit Design for Moisture Sensor Amplifier
Some home business expenses-inventory-packaging : Some home business expenses), but their variable expenses are quite high (e.g. inventory, packaging, and transportation). Using the textbox for this assignment - provide Ludmilla and Magda with an idea of how many SKU's they will probably have to sel..
Key concept a perplexing issue : Financial analysis, key concept A perplexing issue, particularly for many human resource management and marketing professionals, is the absence of a valuation in the traditional financial statements relating to human capital and other internally gene..
Technological advance can contribute to economic growth : How would an increase in capital goods, holding the size of the labor force constant, help to make workers more productive and increase economic growth? Explain how a technological advance can contribute to economic growth. Why do institutions such a..
While the one-year forward rate of the euro : Country Risk and Project NPV. Atro Co. (a U.S. firm) considers a foreign project in which it expects to receive 10 million euros at the end of one year. While it realizes that its receivables are uncertain, it decides to hedge receivables of 10 milli..
In the case of a perfectly price-discriminating monopoly : In the case of a perfectly price-discriminating monopoly, there is:  On Black Fridays, most retail outlets have major storewide sales. Yet, as one of the busiest shopping days in the United States, one would expect prices to increase, not decrease. P..

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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