Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

#3. The Bear Company produces two products with the following costs and selling price and selling prices: Product name Tablet Laptop Selling price per unit

image text in transcribed
#3. The Bear Company produces two products with the following costs and selling price and selling prices: Product name Tablet Laptop Selling price per unit $20 $15 Variable cost per unit $11 $5 Machine hours per unit Monthly demand in units 3,500 3,500 Bear has a limit of 13,000 machine hours available per month. The company has a monthly Times cost of $25,000 What is the maximum monthly profit the company can earn? a) $28,000 b) $17,500 c) $43,000 d) $37,500 e) None of the above. #4. The following data are available for the CORP, Inc. and the single product it makes: Unit selling price ........... $20 Variable Cost per unit.................... $12 Annual Fixed Cost.......................... $280,000 Average Operating Assets........ $1,500,000 How many units must the CORP sell each year to have an ROI of 15%? a 63,125 units b) 11,250 units c) 25,250 units d) 31,175 units e) 45, 750 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions