Ford Tops manufactures hats for baseball teams. Ford has fixed costs of $175,000 per quarter and sells

Question:

Ford Tops manufactures hats for baseball teams. Ford has fixed costs of $175,000 per quarter and sells each hat for $20. If the variable cost per hat is $10, how many hats must Ford sell each quarter to break even?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Management A Strategic Emphasis

ISBN: 9781259917028

8th Edition

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

See More Books

Question Posted: Jan 12, 2019 06:11 AM

See More Questions

If the variable cost amounts to $130 000 when sales are $250 000, what will the variable cost be when sales are $350 000?
If a firm has fixed costs of $100,000 and variable costs per unit of $1, what is the break-even point in units, assuming a selling price of $5 per unit?
1. If the variable cost per unit goes up, Contribution margin Break-even point a. Increases increases. b. Increases decreases. c. Decreases decreases. d. Decreases increases. e. Decreases remains...
Generate a matrix of random integer temperatures in Fahrenheit from 70 to 100 for 10 weeks (rows) and 7 days per week (columns). The result should look something like this. Assume the first column is...
Pop Corporation acquired a 90 percent interest in Son Corporation at book value on January 1, 2016. Intercompany purchases and sales and inventory data for 2016, 2017, and 2018, are as follows:...
A new system would cost $15,000 per store or $2,955,000 for all 197 locations and will result in an annual return of $985,000. Neither the old or new system (tags included) will have any salvage...
Use Tables V, VI, VII, and VIII in Appendix D to find each of the following F-values: a. F.05, v1 = 4, v2 = 4 b. F.01, v1 = 4, v2 = 4 c. F.10, v1 = 30, v2 = 40 d. F.025, v1 = 15, v2 = 12
You are an audit supervisor assigned to a new client, Go-Go Corporation, which is listed on the New York Stock Exchange. You visited Go-Gos corporate headquarters to become acquainted with key...
Waterways Problem 05 The Vice President for Sales and Marketing at Waterways Corporation is planning for production needs to meet sales demand in the coming year. He is also trying to determine how...
1.How much gain on derecognition of the corporate housing facility should Snack That, as seller-lessee, recognize as a result of the sale? 2.How much gain on derecognition of the shuttle should Snack...
Define degree of operating leverage (DOL). How is DOL measured?
Williams & Williams Co. produces plastic spray bottles and wants to earn a before-tax profit of $200,000 next quarter. Variable cost is $0.50 per bottle, fixed costs are $400,000, and the selling...
The stockholders' equity accounts of Toy Town Corporation on January 1, 2016, contained the following balances: Preferred Stock (8%, $50 par value, 2,000 shares authorized) Issued and Outstanding,...
Q3. (a) Sketch and name the road structure layers including the bituminous coating layers. State the material's CBR value and the degree of compaction (DOC) for each road layer required by road works...
2. Justify the following in terms of impulse and momentum: a. Why are padded dashboards safer in automobiles?
The kidneys are an essential organ to regulating blood pressure in the cardiovascular system. Renal epithelial cells feature cilia on their surface, which allows them to sense blood flow in the...
Novak Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials 9 square yards...
Develop a one-week schedule for your Housekeeping employees. Using the Excel spreadsheet that is attached above, you will prepare a schedule for the week The day-by-day occupied rooms forecast has...
Solve using any method. .log x x3 100
1. As a general strategy, would you recommend that Carl take an aggressive approach to capacity expansion or more of a wait-and-see approach? 2. Should Carl go with the option for one facility that...
Don Carson and two colleagues are considering opening a law office in a large metropolitan area to make inexpensive legal services available to people who cannot otherwise afford these services. They...
Using the information in Problem 9-46, complete the following: In Problem 9-46 Computer Graphics (CG) is a small manufacturer of electronic products for computers with graphics capabilities. The...
With gasoline prices increasing rapidly in recent years, consumers have moved to high miles-per-gallon (mpg) vehicles, in particular hybrid autos that rely on a battery as well as a gasoline engine...
Marie Forleo, a marketing trainer and host of MarieTV, presents the eight tips for genuine networking. Do you agree or disagree with her suggestions? Discuss how this information is useful to you and...
Identify all relevant costs or revenue that are applicable to production- constrained decisions 1. Contributions margin of product 2. Interference with other production 3. Contribution margin per...
Gammaro Compary manufactures wallets from fabric. In 2 0 1 9 , Gammaro made 2 , 1 5 0 , 0 0 0 wallets using 1 , 2 5 0 , 0 0 0 yards of fabric. In 2 0 1 9 , Gammaro has capacity to make 2 , 8 0 0 , 0...

Ford Tops manufactures hats for baseball teams. Ford has fixed costs of $175,000 per quarter and sells

Question:

Step by Step Answer:

Breakeven Point x Units Q p F v Q Q 20 ...View the full answer

Cost Management A Strategic Emphasis

Students also viewed these Business questions