Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 14 Take me to the text Not checked Marked out of 4.00 Biotech Wiring Inc. manufactures one type of DVD set. The average selling
Question 14 Take me to the text Not checked Marked out of 4.00 Biotech Wiring Inc. manufactures one type of DVD set. The average selling price is $91 per DVD set. The average variable cost amounts to $62 per DVD set. The company's fixed costs are $22,000 per month. Do not enter dollar signs or commas in the input boxes. Round the units to the highest whole number. P Flag question a) Calculate the monthly volume sales needed to break-even. Break-Even Point (Units): b) Determine the break-even point in sales dollars. Break-Even Point (Dollars): $ c) If the company's current monthly sales amount is $111,000, what is the margin of safety in dollars and in units? Margin of safety ($): $ Margin of safety (units): Check Note: The "check" button does not submit your attempt.To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button. Question 15 Take me to the text Not checked Marked out of 2.00 P Flag question Tashimi Tashimi Restaurant offers two types of all-you-can eat options: regular and ultimate. Ultimate provides more choices than the regular menu. The restaurant incurs fixed costs of $6,000 per month. Its planned sales mix in units is 22% regular and 78% ultimate. The following table indicates the selling price and variable costs for each option. Regular Ultimate Selling Price $23 $37 Variable Cost $9 $12 Do not enter dollar signs or commas in the input boxes. Round your answers up to the nearest whole number. How many units of each of the regular and ultimate options need to be sold each month for the company to break-even, assuming the planned sales mix is maintained. Break-even point Regular: Break-even point Ultimate: Check Note: The "check" button does not submit your attempt.To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started