FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

FINAL ANSWER NEEDED ONLY Instant Co Manufactures an electronic cooker that retails at $180 each. The unit variable cost is $100, and the fixed costs

image text in transcribedFINAL ANSWER NEEDED ONLY

Instant Co Manufactures an electronic cooker that retails at $180 each. The unit variable cost is $100, and the fixed costs are $53,000 per month. The firm can produce a maximum of 3000 units per month. At what percent utilization would the monthly net income be $42,000? Enter your answer as a percentage to 2 decimal places but do not include the % sign

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

Production And Operations Analysis

Production And Operations Analysis

Authors: Steven Nahmias

6th Edition

0073377856, 9780073377858

More Books

Students also viewed these Finance questions

Question

★★★★★
Deborah Daughetee consumed multiple bags of microwave popcorn daily for approximately 5 years. Deborah recalled eating more than 10 different brands of buttered popcorn. After removing a bag of...

Answered: 1 week ago

Question

★★★★★
Assume that your preliminary work yields information that makes a strong case for developing a program in nursing. How would you frame the issue for the faculty? Be specific. How would you word this...

Answered: 1 week ago

Question

★★★★★
3. Discuss the stress process, and give examples of each stage of the process. What is the importance of appraisal and coping in the model? What is meant by a balance between the stressful nature of...

Answered: 1 week ago

Question

★★★★★
Gator Car Repair specializes in repairing rental cars. The company uses a 50 percent markup rate on parts to cover parts-related overhead costs and profit margin. It uses a 100 percent markup rate on...

Answered: 1 week ago

Question

★★★★★
3. Recursion Convert the following iterative method into a recursive method: // Returns n!, such as 41*2*3*4 public static int factorial (int n) l int product 1; for (int i = 1; i

Answered: 1 week ago

Question

★★★★★
Please find attached Tax Documentation for Ann M Smith: 1 . DOB: July 1 , 1 9 5 5 2 . Ann was unmarried as of December 3 1 , 2 0 2 2 . 3 . She doesn t have any dependents and wants to contribute to...

Answered: 1 week ago

Question

★★★★★
Suppose that L is a location function of an object, given as L(t) instantaneous velocity of the object at t First we compute and simplify L(5+ h). L(5+ h) = = 2t 1. We will compute the 5 as follows....

Answered: 1 week ago

Question

★★★★★
Use the following account balances from the adjusted trial balance of Flora Wholesalers: Account Debit Balance Credit Balance Cash $ 4,200 Accounts receivable $ 300 Accounts payable $ 1,100 H. Jones,...

Answered: 1 week ago

Question

★★★★★
A physician hopes to advocate for a new medical records system that he believes will save his department money. He has a good idea of the money that can be saved each year, and has received several...

Answered: 1 week ago

Question

★★★★★
Provide a Situation Analysis: Review the current situation facing Suez Canal and develop in detail the PESTLE Analysis looking at the Strengths, Weaknesses, Opportunity, and Threats (SWOT) analysis,...

Answered: 1 week ago

Question

★★★★★
5.29 The fighter aircraft F/A-18 (Hornet) has a takeoff mass of 25,400 kg, a wing area of 37.16 m, and two turbofan engines that each produces 71.2 kN of thrust. If AR = 3.5, e = 0.85, CD, = 0.02 a....

Answered: 1 week ago

Question

★★★★★
Identify someone you think is an excellent public speaker. List at least five qualities that this person possesses that make him or her an effective speaker. (Objectives 1, 2, and 3)

Answered: 1 week ago

Question

★★★★★
What advice would you give to a coworker who declines invitations to speak to professional and community groups because he or she is too scared? (Objective 6)

Answered: 1 week ago

Question

★★★★★
Teamwork. Form groups of four to five students. Have each person in the group speak for one minute on one of the following topics (no two persons in the group should speak on the same topic): a. Ways...

Answered: 1 week ago

Previous Question Next Question