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Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October
Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October through December, the company's third quarter: s Belleterre Tile Revenues and Costs Third Quarter Total quantity sold 125,100 tiles $ 440,352 Total revenues Total variable costs Total fixed costs Required: 345,276 91,200 a. What is the average selling price per tile? Note: Round your final answer to 2 decimal places. b. What is the average variable cost per tile? Note: Round your final answer to 2 decimal places. c. What is the average contribution margin per tile? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. d. What is the current operating profit for a quarter? Note: Do not round intermediate calculations. e. What is the break-even point? Note: Do not round intermediate calculations. f. The CFO tells you that the company owners have said that unless the quarterly operating profit exceeds $15,010, they will liquidate the company. How many tiles would have to be sold in a quarter for Belleterre Tile to earn $15,010 in quarterly operating profit? Note: Do not round intermediate calculations.
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