Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Cyber Security Systems had sales of 3,600 units at $70 per unit last year. The marketing manager projects a 30 percent increase in unit

1) Cyber Security Systems had sales of 3,600 units at $70 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 20 percent price increase. Returned merchandise will represent 10 percent of total sales.

What is your net dollar sales projection for this year?

2) The Hartnett Corporation manufactures baseball bats with Pudge Rodriguezs autograph stamped on them. Each bat sells for $37 and has a variable cost of $20. There are $31,450 in fixed costs involved in the production process.

a. Compute the break-even point in units. b. Find the sales (in units) needed to earn a profit of $15,555.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Idea On Cryptocurrencies

Authors: Lida Navejar

1st Edition

979-8353788157

More Books

Students also viewed these Finance questions

Question

2. Should the entrepreneur expect results after six months?

Answered: 1 week ago

Question

Avl tree

Answered: 1 week ago

Question

Q.1. what is constitution? Q.2. key of the constitution?

Answered: 1 week ago

Question

Q.1. what is meant by federal system?

Answered: 1 week ago