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Help review homework answer: Fantasia industries are selling webcams and camera security systems. The cost of manufacturing the webcam is $15.29 in parts and $10.70
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Fantasia industries are selling webcams and camera security systems. The cost of manufacturing the webcam is $15.29 in parts and $10.70 in consumables per webcam and $2.01 in running costs. The plant is set up to produce 60 webcams per week.
Security Camera Systems Total Small Large Medium Price $ 500.00 $ 850.00 $ 1,400.00 Mean 23.22 11.39 8.04 Monthly revenue $ 11,608.70 $ 9,682.61 $ 11,260.87 $ 32,552.17 $ 390,626.09 Yearly revenue S 139.304.35 $ 116,191.30 $ 135,130.43 Expense Monthly Yearly Salary $ 310,000.00 Rent $ 15,000.00 $ 180,000.00 Other operating costs $ 4,500.00 $ 54,000.00 Depreciation 54,513.70 Total $ 598,513.70Webcam Sold per week Sold per month Sold per year 60 240 3120 Parts 15.29 To break-even Security Camera System's profit + Webcam's profit = Expenses Consumables 10.7 390,626.09 + (3120*X) = 598,513.70 Running costs 2.01 x = $66.63 Cost per unit 28 92 Selling price before GST 120 Selling price after GST 132 Annual revenue $ 374,400.00 52*120*60 Annual profit $ 287,040.00 52*92*60 $ 87,360.00 C=vx + f Income I=SX V 28 120*60*52 x (yearly) 3120 $ 374,400.00 f (yearly rent+operating cost) $ 234,000.00 C $ 321,360.00 I=sx 7200 P=I-C $ 53,040.00 Profit per yearStep by Step Solution
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