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Please show all works, thank you! Question C: Cost / Volume / Profit GoRebs, LLC produces Speeder! Puppets and Slower! Bobbleheads. Each puppet sells for
Please show all works, thank you!
Question C: Cost / Volume / Profit GoRebs, LLC produces Speeder! Puppets and Slower! Bobbleheads. Each puppet sells for $20 Each Bobblehead sells for $15 GoRebs expects to sell 3 Puppets for every 2 Bobbleheads. Fixed manufacturing overhead costs are $75000 per year. Fixed selling and administrative costs are $ 25000 per year. Variable unit costs (variable costs per puppet) are as follows: Fabric $4 Stuffing $2 Other materials $3.50 Packaging material $2 Selling commission $1.50 Variable unit costs (variable costs per bobblehead) are as follows: Plastic Springs $2 Other materials $3.50 Packaging material 12 000 Selling commission 11. How many Puppets and Bobbleheads must GoRebs, LLC sell to break even (Round your answers up to the nearest whole units if necessary)? 12. How much is total sales revenue at the break-even point? 13. Assume GoRebs, LLC has a desired after-tax net income of $100000 and a tax rate of 20% How many Puppets and Bobbleheads must the company sell? (Round your answer up to the nearest whole unit if necessary)Step by Step Solution
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