Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the breakeven point, in dollars, for Zippy Dippy Swimwear, maker of bathing suits and accessories? It has the following costs: Raw materials: $25

What is the breakeven point, in dollars, for Zippy Dippy Swimwear, maker of bathing suits and accessories? It has the following costs: Raw materials: $25 per bathing suit $ 8 per towel $16 per beach umbrella $37 per swimsuit cover-up Labor costs: $18 average per suit $10 per umbrella $ 3 per towel $20 per cover-up Commissions: $12 per item Utilities: $150,000 Rent: $196,000 Taxes: $230,000 Salaries: $550,000 The price of each suit is $85. The price of each towel is $25. The price of each umbrella is $40. The price of each cover-up is $81.

Answer a. $4,947,196

b. $7,887,259

c. $3,172,023

d. $6,425,583

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

The Oxford Handbook Of State Capitalism And The Firm

Authors: Mike Wright, Geoffrey T. Wood, Alvaro Cuervo-Cazurra, Pei Sun, Ilya Okhmatovskiy, Anna Grosman

1st Edition

0198837364, 978-0198837367

More Books

Students also viewed these Finance questions

Question

=+What does it mean to have a good life?

Answered: 1 week ago

Question

5. Structure your speech to make it easy to listen to

Answered: 1 week ago

Question

1. Describe the goals of informative speaking

Answered: 1 week ago