Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 06, 2022

Green Corporation expects to sell 3,000 plants a month. Its operations manager estimated the following monthly costs Variable costs P7,500 Fixed costs 15,000 What sales

Green Corporation expects to sell 3,000 plants a month. Its operations manager estimated the following monthly costs

Variable costs P7,500

Fixed costs 15,000

What sales price per plant does she need to achieve to begin making a profit if she sells the estimated number of plants per month?

Step by Step Solution

★★★★★

3.55 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

Answer Solution i Fixed cost variabl... 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

Step: 3

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: Horngren, Harrison, Oliver

3rd Edition

978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978

More Books

Students also viewed these General Management questions

Question

Mariposa Family Adventure Farms Ltd. (Mariposa) has been owned and operated by the Mariposa family for 35 years and specializes in offering family activities at their 100 acre farm, located just...

Answered: 1 week ago

Question

★★★★★

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Answered: 1 week ago

Question

★★★★★

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★

Aussie Infonautics, Inc., produces handheld Windows CE¢-compatible organizers. Aussie Infonautics markets three different handheld models. PalmPro is a soupedup version for the executive on the...

Answered: 1 week ago

Question

★★★★★

Yarm Ltd. (Yarm) recently released its December 31, 2017 financial statements. In a press release announcing the results, Yarm's management proudly stated that the company had maintained its debt...

Answered: 1 week ago

Question

★★★★★

The company acquired a machine on January 1 at an original cost of $80,000. The machines estimated residual value is $10,000, and its estimated life is 4 years. (1) Compute the annual straight-line...

Answered: 1 week ago

Question

★★★★★

Summarize the ABCDE method for overcoming irrational beliefs.

Answered: 1 week ago

Question

★★★★★

Tidwell Corporation issued a 4 percent stock dividend on 20,000 shares of its $10 par common stock. At the time of the dividend, the market value of the stock was $30 per share. Required a. Compute...

Answered: 1 week ago

Question

★★★★★

Kimberly-Clark has an opportunity to invest $500,000 today in a new project that will generate positive free cash flows for five years. The free cash flows will be $100,000 per year for the first...

Answered: 1 week ago

Question

★★★★★

Cary Company manufactures two models of industrial componentsa Standard model and an Advanced Model. It has provided the following information with respect to these two products: Standard Advanced...

Answered: 1 week ago

Question

★★★★★

May thinks that Facebook is going to go down, so she decides to sell 270 shares short at a price of $25 per share. May posts the 44% margin required. If May's broker requires a 20% maintenance...

Answered: 1 week ago

Question

★★★★★

What is the purpose of code of conduct will it impact at the goal decisions how will it be used by the organization and it\'s associates

Answered: 1 week ago

Question

★★★★★

Is there a common thread in the two situations of personal gain? What is different about the Gates scenario and those of the Birmingham officials?

Answered: 1 week ago

Question

★★★★★

To keep your production plant up and running, you are constantly looking for new employ- ees. Understanding the abilities of an applicant is not easy. By conducting an interview with an applicant,...

Answered: 1 week ago

Question

★★★★★

What is the profile of a hacker today? Characteristics Black hat White Hat State Sponsored Hackers Whistleblower Cybersecurity professionals (NYU, courses, degrees that specialize in cybersecurity,...

Answered: 1 week ago

Question

★★★★★

At a recent meeting, Nora observed that in her organization, the key values are intensely held and widely shared among all team members. What does this represent?

Answered: 1 week ago

Question

★★★★★

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Cleaning supplies...

Answered: 1 week ago

Question

★★★★★

What is your assessment of the negotiations process, given what you have studied? What are your recommendations for Mr. Reed? You must justify your conclusions

Answered: 1 week ago

Question

★★★★★

Big Ted Toys sells on account. When a customer account becomes three months old, Big Ted converts the account to a note receivable and immediately discounts the note to a bank. During 2012, Big Ted...

Answered: 1 week ago

Question

★★★★★

Northend Medical Center included the following items in its financial statements: Requirements 1. How much net income did Northend earn for the month? 2. Show two ways Northend can report receivables...

Answered: 1 week ago

Question

★★★★★

McKnight manufactures coffee mugs that it sells to other companies for customizing with their own logos. McKnight prepares flexible budgets and uses a standard cost system to control manufacturing...

Answered: 1 week ago

Question

★★★★★

St. Norbert's College in Green Bay, Wisconsin, and Wisconsin Public Radio conduct an annual poll of Wisconsinites about political opinions. The Fall 2011 survey asked a random sample of 402 adult...

Answered: 1 week ago

Question

★★★★★

As in Exercise 37, we hope to estimate the percentage of adults aged 25 to 30 who never graduated from high school. What sample size would allow us to increase our confidence level to 95% while...

Answered: 1 week ago

Question

★★★★★

Suppose ACT, Inc. wants to update their information from Exercise 34 on the percentage of freshmen that return for a second year of college. a) They want to cut the stated margin of error in half....

Answered: 1 week ago

Previous Question Next Question