Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you help with part b, profit for 2018. thank you Additional Question 10.4 Ryans Music provides individual music lessons in the homes of clients.

can you help with part b, profit for 2018. thank you

image text in transcribed
Additional Question 10.4 Ryans Music provides individual music lessons in the homes of clients. The following data are provided with respect to the last 12 months of activity ending 30 June 2017. Lesson selling price 50 Lesson labour cost 35 Annual xed costs 24,000 Lesson sheet music costs 3 V (it) Your answer has been saved and sent for grading. See Gradebook for score details. Assuming selling prices and costs remain the same as for 201?r calculate the number of lessons that are required to he sold in 2018 to break even. Break even in units 2000 lessons V (b) If 4,700 music lessons were 'conducted' in 2018. what prot would he achieved? Prot (218) $|:|

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Financial And Managerial Accounting

Authors: Charles T Horngren, Jr Walter T Harrison

2nd Edition

0135080193, 9780135080191

More Books

Students also viewed these Accounting questions

Question

Design a circuit layout for this prompt

Answered: 1 week ago