please help! i took another picture to make sure it's readible! thank you!
Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at Piedmont Fasteners Corporation: "Wes, I'm not sure how to go about answering the questions that came up at the meeting with the president yesterday." "What's the problem? "The presiderit wanted to know the break-even point for each of the company's products, but I am having trouble figuring them out." am sure you can handle it, Cheryl. And, by the way. I need your analysis on my desk tomorrow morning at 8.00 sharp in time for the follow-up meeting at 9:00." Piedmont Fasteners Corporation makes three different clothing fasteners in its manufacturing facility in North Carolina Data concerning these products appear below Anual sales volume Unit selling price Variable expense per unit Velero 110,000 52.00 50.00 Metal 195,000 $1.60 $1.00 Nylon 310,000 51.30 $1.20 Totalted expenses are $271,000 per year All three products are sold in highly competitive markets, so the company is unable to raise prices without losing an unacceptable numbers of customers The company has an extremely effective lean production system, so there are no beginning or ending work in processor finished good inventores Required: 1. What is the company's over-all break-even point in dollar sales? 2 of the total fixed expenses of $271000, $31,560 could be avoided if the Velcro product is dropped $101.400 if the Metal product is dropped, and $20,500 if the Nylon product is cropped. The remaining fixed expenses of $117540 consist of common fixed expenses such as administrative salaries and rent on the factory buillding that could be avoided only by going out of business entirely. a What is the break even point in unit sales for each product b. If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Complete this question by entering your answers in the tabs below. Reg1 Reg 2A Reg 28 What is the company's overall break even point in dollar sales? (Round CM ratio to decimal places and final answer to the nearest thousand dollar Breton point in dollar salos Required: 1. What is the company's over-all break-even point in dollar sales? 2. Of the total fixed expenses of $271,000, $31,560 could be avoided if the Velcro product is dropped, $101.400 if the Metal product is dropped, and $20,500 it the Nylon product is dropped. The remaining fixed expenses of $117.540 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely, a. What is the break-even point in unit sales for each product? b. If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Complete this question by entering your answers in the tabs below. Req1 Reg 2A Reg 20 of the total fixed expenses or $271,000, $31,560 could be avoided if the Velcro product is dropped, $101,400 if the Metal product is dropped, and $20,500 if the Nylon product is dropped. The remaining fixed expenses of $117.540 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely. What is the break even point in unit sales for each product? (Do not round intermediate calculation Show less Velcro Metal Nylon Break-even point in unit sales Req1 Reg 2 Reg 2B or the total fixed expenses of $271,000, $31,560 could be avoided if the Velcro product is dropped, 5101,400 if the Metal product is dropped, and $20,500 if the Nylon product is dropped. The remaining fixed expenses of $117,540 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely. If the company sells exactly the break-even quantity of each product, what will be the overall profit of the company? Show less
