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its total 6 questions. please solve all of these Assignment #2 - winter 2021 Cost-volume analysis, discounts and simple interest 1) What level of output
its total 6 questions. please solve all of these
Assignment #2 - winter 2021 Cost-volume analysis, discounts and simple interest 1) What level of output would generate a profit of $15,000 if a product sells for $2499, has unit variable costs of $9.99, and total fixed costs of $55,005? (4 mark) 2) Fury Friends food manufacturing has compiled the following estimates for operations. Sales: $762,000 Fixed cost: $150,000 Total variable cost: $590,000 a) Find the total cost (4 mark) b) Find the net income. (4 mark) 3) A toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each pack has a duck, a turtle and a frog). The rent and supply costs for company is $6500/month Th material cost for each duck turtle and frog are 40, 45, and 65 cents respectively. a) Find the revenue if 10000 packs are produced and sold. (4 marks) b) Find the total variable cost, and the total cost (4 marks) c) Find the break-even point. (5 marks) 4) Walmart just acquired an HP Pavilion computer for its electronics department. The list price on the computer is $260 and Walmart receives discounts of 20% and 18% a) What single discount is equivalent to the two discounts? (5 mark) b) What is the total discount amount? (5 marks) 5) Find the contribution margin and the contribution rate, if the cost as a function of production level is cost = 45x + 23000" and revenue as a function of production level is "revenue = 89 x". (5 marks) 6) Mountain Equipment Co-op has purchased a college backpack for $29 after discounts of 10%, 5%, and 12% What is the list price for the backpack? (5 marks) b) What is the single equivalent rate of discount? (5 marks) Assignment #2 - winter 2021 Cost-volume analysis, discounts and simple interest 1) What level of output would generate a profit of $15,000 if a product sells for $2499, has unit variable costs of $9.99, and total fixed costs of $55,005? (4 mark) 2) Fury Friends food manufacturing has compiled the following estimates for operations. Sales: $762,000 Fixed cost: $150,000 Total variable cost: $590,000 a) Find the total cost (4 mark) b) Find the net income. (4 mark) 3) A toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each pack has a duck, a turtle and a frog). The rent and supply costs for company is $6500/month Th material cost for each duck turtle and frog are 40, 45, and 65 cents respectively. a) Find the revenue if 10000 packs are produced and sold. (4 marks) b) Find the total variable cost, and the total cost (4 marks) c) Find the break-even point. (5 marks) 4) Walmart just acquired an HP Pavilion computer for its electronics department. The list price on the computer is $260 and Walmart receives discounts of 20% and 18% a) What single discount is equivalent to the two discounts? (5 mark) b) What is the total discount amount? (5 marks) 5) Find the contribution margin and the contribution rate, if the cost as a function of production level is cost = 45x + 23000" and revenue as a function of production level is "revenue = 89 x". (5 marks) 6) Mountain Equipment Co-op has purchased a college backpack for $29 after discounts of 10%, 5%, and 12% What is the list price for the backpack? (5 marks) b) What is the single equivalent rate of discountStep by Step Solution
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