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12.5 points 9 Key West To Go, Inc. sells electric scooters. With it's original sales price, total revenue was $375,000 when Key West sold 300
12.5 points 9 Key West To Go, Inc. sells electric scooters. With it's original sales price, total revenue was $375,000 when Key West sold 300 scooters. Variable costs are $700, and xed costs for the company are $100,000. If Key West decides to reduce it's sales price by $50, how many scooters must the company sell to yield after-tax net income of $40,000. assuming the tax rate is 40%? Note: you can round your nal answer choice up to get the correct answer choice below, if necessary. 334 scooters 280 scooters 267 scooters 467 scooters n 12.5 points Sunsets is a small beach shop on the boardwalk in Belmar, New Jersey. They make everything they sell, and one of their top items is board shorts. For simplicity, assume Sunsets sells all the board shorts produced for the month (so no beginning or ending inventory ofnished board shorts, and sales = production). Below is selected budget data for board short sales in June: Board Shorts Budget Data for Month of June # Shorts sold 900 Selling price per pair $20 Yards of fabric per pair of shorts 2 Cost per yard of fabric $3.56 Pairs of shorts sewn per direct labor-hour 5 or: time in hours to sew one pair ofshorts 0.2 Cost of direct labor (per hour) $15 What is the direct labor cost budget for June in dollars? $67,500 $2,700 $3,375 $13,500 5 12.5 points Brady's Bricks Co. manufactures all kinds of building blocks for kids. The following information is available from the company's 2021 budget: Beginning finished goods inventory $110,000 Ending finished goods inventory $125,000 Sales revenue $3,000,000 Cash collected from customers $2,700,000 Materials purchased (all paid for in 2021) $975,000 Materials used $935,000 Direct labor costs $365,000 Manufacturing overhead $200,000 Office/admin salaries $100,000 Marketing expenses $21,000 What is budgeted Cost of Goods Sold for 2021? O $1,475,000 $1,525,000 O $1,485,000 O $1,515,000
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