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Georgeland Cycles makes and sells two models of electric bicycles. The Commuter (a folding model) sells for $2,512.00 and the Tour(a fat-tire trall model) sells
Georgeland Cycles makes and sells two models of electric bicycles. The Commuter (a folding model) sells for $2,512.00 and the Tour(a fat-tire trall model) sells for $4,512.00. Unit varlable costs for the Commuter are $1,762.00 and for the Tour- X$3,212.00. Annual fixec costs at Georgeland are $590,200. The marketing manager estimates that the annual mix of sales is 30 percent Commuter model and 70 percent Touring model. Required: a. How many of each model eblke must Georgeland Cycles sell every year to break even? b. How many of each model ebike must Georgeland Cycles sell every year to earn operating profits of $102,150 before taxes? Complete this question by entering your answers in the tabs below. How many of each model ebike must Georgeland Cycles sell every year to break even? Grixdale Tax Services prepares taxes for individuals. Grixdale offers a simplified pricing model with two alternatives for taxpayers: Standard Deduction (Standard) or Itemized Deductions (Itemized). Price and variable costs for the two services are listed below. The annual fixed costs at Grixdale are $612,500. Based on experience, the owner estimates that Standard Deduction returns represent 25 percent of the the firm's business. Required: How many Standard Deduction and Itemized Deduction returns must be filed annually to break even
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