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Answer these questions following: 1. When all other variables are held constant and selling price is decreased, the break even point will be a. higher
Answer these questions following: 1. When all other variables are held constant and selling price is decreased, the break even point will be a. higher b. lower c. not changed 2. Bridal Shoppe sells wedding dresses. The cost of each dress is comprised of the following: Selling price of $500 and variable (flexible) costs of $200. Total fixed (capacity-related) costs for Bridal Shoppe are $90,000. What is the break even in dresses sold? a 100 b. 200 C. 300 d. 900 3. PNG electric company manufactures a number of electric products. Rechargeable light is one of the PNG's products that sells for $180/unit. Total fixed expenses related to rechargeable electric light are $270,000 per month and variable expenses involved in manufacturing this product are $126 per unit. Monthly sales are 8,000 rechargeable lights. If PNG sells 8,000 units what is the profit or loss? a. 200,000 b. 270,000 C. 162,000 d. 400,00 4. PNG electric company manufactures a number of electric products. Rechargeable light is one of the PNG's products that sells for $180/unit. Total fixed expenses related to rechargeable electric light are $270,000 per month and variable expenses involved in manufacturing this product are $126 per unit. Monthly sales are 8,000 rechargeable lights. If PNG wants to make a profit of $200,000 per month approximately how many units need to be sold a. 25,000 b. 8,700 C. 15,000 d. 2,500
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