What enrollment will enable alameda tile to break even

Assignment Help Cost Accounting
Reference no: EM132818177

Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile installation, which might also increase the demand for its products. The basic installation course has the following (tentative) price and cost characteristics.

Tuition $470per student

Variable costs (tiles, supplies, and so on) 260 per student

Fixed costs (advertising, salaries, and so on) 105,000 per year

Required:

Problem a. What enrollment will enable Alameda Tile to break even?

Problem b. How many students will enable Alameda Tile to make an operating profit of $33,600 for the year?

Reference no: EM132818177

Questions Cloud

What would be the operating profit for alameda tile : What would be the operating profit if the tuition per student (that is, sales price) decreased by 7 percent? Increased by 25 percent?
Discuss the shift from the eyes of the consumer : Discuss the shift from the eyes of the consumer, the worker, the company, and the environmentalist.
Describe the opportunities for further research : Your analysis must include: Opportunities for further research not already stated in the article, Threats to validity or undocumented bias.
What is the value of an investment : What is the value of an investment that promises to pay $4000 per year for 10 years, with the first payment three years from today, if the investor requires a 1
What enrollment will enable alameda tile to break even : How many students will enable Alameda Tile to make an operating profit of $33,600 for the year? What enrollment will enable Alameda Tile to break even?
Calculate the value of a bond : Calculate the value of a bond that matures in 17 years and has a $1,000 par value. The annual coupon interest rate is 14 percent
What amounts will the investor invest in the primitive asset : What amounts will the investor invest (at t=0) in the primitive assets of type 1? Assume there are two periods (t=0 and t=1) and two possible states
What should be the balance of the discount on notes : What should be the balance of the Discount on Notes Payable account on the books of Tehran at December 31, 2021 after adjusting entries are made
Find how much should the bond be sold to the investor : Find How much should the bond be sold to the investor to yield 4.4% compounded annually, if it is redeemable for ?5,350 at the end of 5 years?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Discuss operations for a private not-for-profit hospital

For each of the following items, indicate where it would appear in the Statement of Operations for a private not-for-profit hospital

  What are the transaction charges involved

What are the transaction charges involved with and what could be some strategies that could be employed to deal with them by a discount retail store?

  What direct-materials quantity variance would be figured as

If the firm purchased and consumed 268,000 pounds in manufacturing (cost = P2,304,800), the direct-materials quantity variance would be figured as

  Discuss ethical dilemma larry faces and what is the issue

Discuss the ethical dilemma Larry faces: What is the issue? Who are the parties infected? What factors should Larry consider in making his decision?

  Explain the concept of a flexible budget

Explain the concept of a flexible budget, why it is used, and what value it serves managers within the organization. Illustrate the use of a flexible budget

  What is the total amount merlo will pay out in dividend year

The company has after-tax earnings of $1,600 for the year and needs $1,400 for new investments. What is the total amount Merlo will pay out in dividends year

  Which alternative presents the best opportunity cost outcome

Assuming that rates of return were calculated for each candidate initiative (given within Table 8.6), determine which alternative presents the best opportunity cost outcome (i.e., MARR value) for consideration.

  Should report concerns about the way maintenance

Should you report your concerns about the way maintenance costs have been recorded? If so, to whom would you report your concerns?

  Coronado should recognize a gain or loss on the transfer

Wildhorse also forgives the accrued interest, extends the maturity date to December 31, 2018, reduces the face amount of the note to $1230000.

  Determine the current annual lcc at six percent per year

Use the following information to determine the current annual LCC at 6% per year for the AREMSS scheduling system.

  How must an auditor address fraud in the planning stage

The audit of a financial report includes the initial approach of addressing fraud. How must an auditor address fraud in the planning stage?

  Compute the heating lighting and maintenance costs

Compute the heating, lighting, and maintenance costs to the Linder and Chiro departments in proportion to the square feet occupied.

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