Question
1.) I am going to work for a hospital, which is a not for profit organization. Becasue there are no profits, I will not be
1.) "I am going to work for a hospital, which is a not for profit organization. Becasue there are no profits, I will not be able to apply any CVP analysis in my work." Do you agree with this statement? why or why not?
2.) Crest industries sells a single model of satellite radio recievers for use in the home. The radios have the following price and cost characteristics:
Sales price $80 per radio
Variable costs- $32 per radio
Fixed costs- $ 360,000 per month
crest is subject to an income tax rate of 40 percent
a.)HOW MANY RECIEVERS MUST CREST SELL EVERY MONTH TO BREAK EVEN?
B.)HOW MANY RECIEVERS MUST CREST SELL TO EARN A MONTHLY OPERATING PROFIT OF $90,000 AFTER TAXES?
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