Indian Plastics make plastic buckets. An analysis of their accounting reveals: Required: (i). Find the break-even point.
Question:
Indian Plastics make plastic buckets. An analysis of their accounting reveals:
Required:
(i). Find the break-even point.
(ii). Find the number of buckets to be sold to get a profit of Rs. 30,000.
(iii). If the company can manufacture 600 buckets more per year with an additional fixed cost of Rs. 2,000, what should be the selling price to maintain the profit per bucket as at
(ii) Above?
Transcribed Image Text:
Variable cost per bucket Fixed cost Capacity Selling price per bucket Rs. 20 Rs. 50,000 for the year 2,000 buckets per year Rs. 70
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
To answer the three questions well use the information provided about variable costs fixed costs cap...View the full answer
Answered By
Collins Njuguna
I graduated from Maseno University with a Bachelor of Science in Applied Statistics. After graduation, I started tutoring students in mathematics. My experience in mathematics education is extensive and varied. I have taught a wide range of topics, including algebra, geometry, trigonometry, calculus, statistics, probability, and computer science. I have also worked with students of all ages and backgrounds, from elementary school to college.
My teaching method is based on the idea of hands-on learning. I believe that students learn best when they are actively engaged in the learning process, so I focus on giving students the tools they need to explore the material on their own. I also emphasize the importance of practice and review, as these are essential for mastering math concepts.
I have also developed several online and in-person courses on mathematics. My courses are designed to help students learn mathematics in an efficient and comprehensive way, and I use a variety of activities and exercises to ensure that my students are engaged and motivated.
Overall, my passion for mathematics and teaching has allowed me to be a successful tutor and educator in the field. I am confident that my experience will help your students master the mathematics they need to succeed.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Sunshine Pharmaceuticals is a manufacturer engaged in the development and marketing of new drugs. The chief research chemist at Sunshine Pharmaceuticals, Dr. I. Smart, informed the president, Ms. T....
-
Management must consider a number of factors, including the availability of the finance, the size of the finance, and the expenses of the issuance procedure, when deciding between different sources...
-
What do pretrial motions generally seek to do ? A . allow for more time to question witnesses . get a new jury resolve or dispose of all or part of the lawsuit prior to trial OD . get a new judge add...
-
Suppose the following chart illustrates the domestic prices of three items (shoes, watches, and electric motors) of similar quality in the United States and Mexico. If one dollar exchanges for five...
-
Calculate the missing numbers for a, b, c, and d to analyze the waste time for the following orders. Comment on yourfindings. Production Cycle Time Average Process Time Average Setup Time Name of...
-
Case Problem with Sample Answer Vincent Slavin was a partner at Cantor Fitzgerald Securities in the World Trade Center (WTC) in New York City. In 1998, Slavin and Anna Baez became engaged and began...
-
Batteries Sixteen batteries are tested to see if they last as long as the manufacturer claims. Four batteries fail the test. Two batteries are selected at random without replacement. (a) Find the...
-
The rear window of an automobile is defogged by passing warm air over its inner surface. (a) If the warm air is at T ,i = 40C and the corresponding convection coefficient is hi = 30 W/m 2 K, what...
-
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Standard Price Standard...
-
Here are incomplete financial statements for Deol Company: Instructions a. Calculate the missing amounts (i) to (x). b. Write a memo explaining (1) the sequence for preparing the financial...
-
Within a relevant range, the amount of variable costs per unit. (a). Differs at each production level. (b). Remains constant at each production level (c). Increases as production increases. (d)....
-
The contribution approach is the foundation of CVP logic and related techniques. Discuss.
-
1. To what events must the multiple listing service system respond? Create a complete event table listing the event, trigger, source, use case, response, and destination for each event. 2. Draw an...
-
Question 2: Response to John Ripley?
-
Prepare a summary of the effects of the "fat tax" on the demand and supply diagram. Ensure you talk about the dead weight loss. PRICE D Tax Revenue S P1 P2 TAX P3 Dead Weight Loss QUANTITY QeAT QeBT...
-
Trade causes production in Home to move from point A to point B. What does this mean happened to the relative price of Qc? QF Home QF1 A QF2 Qc Qc2 Qc2
-
Write as an ordered pair the coordinates of the point whose y-coordinate is 3 and whose x-coordinate is -7. X Viewing Saved Work Revert to Last Response
-
1. A cereal manufacturer tests their equipment weekly to be assured that the proper amount of cereal is in each box of cereal. The company wants to see if the amount differs from the stated amount on...
-
A fraction of the funds borrowed by the federal government between 2008 and 2015 were utilized to fund public investments in a number of solar power companies that produced little output and halted...
-
What impact has the Internet had on the globalization of small firms? How do you think small companies will use the Internet for business in the future?
-
ABC, product costing at banks, cross-subsidization. First International Bank (FIB) is examining the profitability of its Premier Account, a combined savings and checking account. Depositors receive a...
-
Job costing with single direct-cost category, single indirect-cost pool, law firm. Wigan Associates is a recently formed law partnership. Ellery Hanley, the managing partner of Wigan Associates, has...
-
Job costing with single direct-cost category, single indirect-cost pool, law firm. Wigan Associates is a recently formed law partnership. Ellery Hanley, the managing partner of Wigan Associates, has...
-
Create a Data Table to depict the future value when you vary the interest rate and the investment amount. Use the following assumptions: Interest Rates: Investment Amounts:-10.0% $10,000.00 -8.0%...
-
Isaac earns a base salary of $1250 per month and a graduated commission of 0.4% on the first $100,000 of sales, and 0.5% on sales over $100,000. Last month, Isaac's gross salary was $2025. What were...
-
Calculate the price, including both GST and PST, that an individual will pay for a car sold for $26,995.00 in Manitoba. (Assume GST = 5% and PST = 8%) a$29,154.60 b$30,234.40 c$30,504.35 d$28,334.75...
Study smarter with the SolutionInn App