Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Office Supply store costs are expressed as a function of the unit sales of its two products: office chairs and task desks. Assume fixed costs

Office Supply store costs are expressed as a function of the unit sales of its two products: office chairs and task desks. Assume fixed costs are $9,000 per month and the variable costs are $60 per office chair and $125 per task desk. What are Office Supplys estimated costs for the month if 100 office chairs and 52 task desks are sold?

A.

$25,000

B.

$20,500

C.

$21,500

D.

$22,000

The FIFA sports store sells 1 World Cup soccer ball for every 4 regular style balls.

World Cup

Soccer Ball

Regular Style Soccer Ball

Sale price per ball

$20

$10

Variable cost per ball

$10

$ 5

Total Fixed Cost for FIFA sports $12,000. Assuming a constant sales mix. The break-even unit sales volume is:

A.

2,000

B.

7,200

C.

9,023

D.

3,840

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

Accounting Business Reporting For Decision Making

Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond

7th Edition

0730369323, 9780730369325

More Books

Students also viewed these Accounting questions

Question

Lei limf(c) 3 and limg(c) cs5 Find + B) 10 D) 11 1.

Answered: 1 week ago