Find breakeven as well as target profit volume, Operation Management

Assignment Help:

Happy Ten Produces sports socks. The company has fixed expenses of $80,000 and variable expenses of $0.80 per package. Each package sells for $1.60. 1. Compute the contribution margin per package and the contribution margin ratio. 2. Find the breakeven point in units and in dollars, using the contribution margin shortcut approaches. 3. Find the number of packages Happy Ten needs to sell to earn $22,000 operating income. 4. If Happy Ten can decrease its variable costs to $0.70 per package by increasing its fixed costs to $95,000, how many packages will it have to sell to generate $22,000 of operating income? Is it more or less than before? Why?


Related Discussions:- Find breakeven as well as target profit volume

Explain stanley milgram''s famous experiment, Describe Stanley Milgram's fa...

Describe Stanley Milgram's famous experiment. What are its most significant implications?

Explain competitive and profitable, How would you respond to Coca Cola's ch...

How would you respond to Coca Cola's change in sales policy? How would you ensure Pepsi's board that this response will allow you to remain competitive and profitable?

I need excel backup to understand a problem, Need Excel backup to understan...

Need Excel backup to understand how to answer this question. Bob White leaned back and wiped his forehead with his hand. He was the president of the home oven division of Winkley &

Explain team building and interpersonal dynamics, Discuss how the team basi...

Discuss how the team basics can be applied in real situations where team thinking becomes important. Course: Team Building, Interpersonal Dynamics, and Empowerment

I want a broke down step by step solution, I have looked at your solution a...

I have looked at your solution and I still do not understand how you get the numbers put in for flow time from the information given. I understand how to calculate everything after

Productivity -numerically defined, Productivity -Numerically Defined T...

Productivity -Numerically Defined Total factor productivity (TFP) = Pt = Ot/(L+C+R+Q)  Partial factor productivity (PFP) = Ot/L or C or Ot/a combination of  inputs   Pt

Explain company to suspect there is unmet demand, Describe some of the cues...

Describe some of the cues that might cause a company to suspect there is unmet demand for its products or services. How would you design a test to determine whether your suspicions

Explain federal trade commission, 1. Please explain, in detail, the strateg...

1. Please explain, in detail, the strategic issues both external and internal that Whole Foods' faces. 2. Please explain, in detail, the strengths, weaknesses, opportunities and th

Opm, Transformation process

Transformation process

Why surprised by environmental changes, Why do you think many managers are ...

Why do you think many managers are surprised by environmental changes and hence are less able to help their organizations adapt?

Write Your Message!

Captcha
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