Business, 23.03.2020 23:30 jholland03
Outback Outfitters sells recreational equipment. One of the company’s products, a small camp stove, sells for $50 per unit. Variable expenses are $32 per stove, and fixed expenses associated with the stove total $108,000 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) 3. At present, the company is selling 8,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in (3) above. How many stoves would have to be sold at the new selling price to attain a target profit of $35,000 per month?
Answers: 3
Business, 22.06.2019 11:00
How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b
Answers: 1
Business, 22.06.2019 21:40
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
Answers: 1
Business, 23.06.2019 05:20
What is difference between fiscal year and tax year? explain in the simplest way.
Answers: 1
Outback Outfitters sells recreational equipment. One of the company’s products, a small camp stove,...
Arts, 16.12.2020 02:30
Arts, 16.12.2020 02:30
Mathematics, 16.12.2020 02:30
Mathematics, 16.12.2020 02:30
Biology, 16.12.2020 02:30
Mathematics, 16.12.2020 02:30
Engineering, 16.12.2020 02:30
Mathematics, 16.12.2020 02:30