Fitness Express sells three different types of elliptical machines. They have manufactured 50 of each machine for a special sale. The store already ha orders for 46 of machine A and 16 of machine B. Use the following information to determine how many of machine C the store needs to sell to break even? Show your work on a separate sheet of paper. Manufacturing Cost $105.00 $140.00 $175.00 Elliptical Machine Machine A Machine B Machine C Total costs of all machines: $ Total revenue: $ Retail Cost $250.00 $305.00 $420.00
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- Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following Activity Frame e per roll depending on order size: Quantity Ordered Το From Price per Roll 1 30 $215 31 60 $195 61 120 $175 121 and up $155 Click on the datafile logo to reference the data. DATA fil (a) Use the XLOOKUP function with the preceding pricing table to determine the total revenue from these orders. (b) Use the COUNTIF function to determine the number of orders in each price bin. From To Price per Number of Roll Orders 1 30 $215 31 60 $195 61 120 $175 121 and up $155 172Marquette has an opportunity to sell its product through an online retailer. To begin selling through this online platform, they are required to ship 2,000 units to the retailers’ order fulfillment warehouse. The other condition of this offer is that they pay a one-time vendor marketing fee of $5,000. To get the units to the fulfillment warehouse by the deadline Marquette will need to pay for expedited shipping at a cost of $10 per unit. What is the minimum price Marquette should charge the retailer for this initial order of 2,000 units? (Show all supporting calculations). (NOTE: ignore taxes or other costs not specifically mentioned in the questions.)Pro Hockey Store is evaluating two supplies of hockey skates: JA skates and Power skates. Pertinent information about each potential supplier follows: Relevant Item JA Skates Power Skates Purchase Price $50.00 $51.20 Ordering cost per order $8.00 $8.00 Carrying cost per year 20% of Purchase price 5% of Purchase price Inspection cost per unit $0.02 $0.00 Insurance, material handling, and so on per unit per year $3.00 $3.50 Annual Demand 12,000 12,000 Average quantity of inventory held during the year 120 units 120 units Required Return on investment 10% 10% Stockout cost per unit $34 $22 Stockout units per year 350 65 Customer Returns 300 25 Customer-return costs per unit $45 $45 a. Calculate the EOQ for both suppliers b. Calculate the relevant costs of purchasing (1) JA Skates and (2) Power Skates. From where should Pro Hockey buy skates ?
- Current Attempt in Progress Greer Golf Supplies is an online store that sells two types of golf balls: practice balls and tournament balls. The golf balls are sold in plastic sleeves containing three golf balls. Practice balls sell for $4 per sleeve; tournament balls sell for $12 per sleeve. Owner Carl Rider purchases the golf balls directly from the manufacturer and pays $1 per sleeve for the practice balls and $4 per sleeve for the tournament balls. Fixed costs total $14,000 per month and include Carl's salary, website hosting, and accounting and legal fees. When preparing the sales forecast for the year, Carl assumed he would sell twice as many sleeves of practice balls as tournament balls. Click here to view the Excel dataset. (a) (c1) Your answer is correct. Calculate the annual breakeven point for Greer Golf Supplies. Tournament Sleeves Practice Sleeves eTextbook and Media * Your answer is incorrect. Sales Mix Calculate the actual sales mix for the year. (Round answer to 1…Your Fan retails computer fans in two sizes: small and large. The business has provided you with the following information for a regular month of trading: Small fans Large fans 60 Selling price ($ per fan) Purchase price ($ per fan) 37 26 39 Delivery cost to customer ($ per fan) Monthly fixed cost ($) Average monthly sales volume (units) 1.0 1.5 20,000 900 550 Business owners are considering selling computer fans in one size only. Retailing one fan size would mean lower purchase cost and selling price per unit and larger monthly sales volume. The table below reflects how trading would change if only small or large fans were sold. Only small fans 32 Only large fans Selling price ($) Purchase price ($) 54 20 32.5 Delivery cost to customer ($ per fam) 1.0 1.5 Monthly fixed cost ($) 16,800 23,000 Average monthly sales volume (units) 1,800 1,300 Required: For each of the three scenarios (selling both fans, selling small fans only, and selling large fans only), calculate the expected monthly…Your Fan retails computer fans in two sizes: small and large. The business has provided you with the following information for a regular month of trading: Small fans Large fans Selling price ($ per fan) 37 60 Purchase price ($ per fan) 26 39 Delivery cost to customer ($ per fan) 1.0 1.5 Monthly fixed cost ($) 20,000 Average monthly sales volume (units) 900 550 Business owners are considering selling computer fans in one size only. Retailing one fan size would mean lower purchase cost and selling price per unit and larger monthly sales volume. The table below reflects how trading would change if only small or large fans were sold. Only small fans Only large fans Selling price ($) 32 54 Purchase price ($) 20 32.5 Delivery cost to customer ($ per fan) 1.0 1.5 Monthly fixed cost ($) 16,800 23,000 Average monthly sales volume (units) 1,800 1,300 Required: For each of the three…
- XYZ Bakery bakes breads that are sold to local restaurants and grocery stores in Muscat. When 300 breads are baked, the average cost is $1.25 per bread. When 900 breads are baked, the average cost is $0.65 per bread. What is the total cost when 700 breads are baked? Select one: O a. $515.00 O b. $455.00 O c. $532.50 O d. None of the answers given O e. $875.00A clothing retailer is going to mail out 10,000 catalogues. It costs $2 to mail out each catalogue. When a customer places an order from a catalogue assume a profit of $50 per order is earned. It is assumed that 5% of those who receive a catalogue will place an order however, this number can vary. Use the file below to help you with your tables. Assume that: [total profit = total profit made from the orders – the amount spent on mailing out the catalogues]. a) Use a one-variable data table to determine how the total profit earned from the mailing will vary depending on a response rate between 4% and 10% (with increments of 2%). b) Create a two-variable data table to show how the total profit changes with a varying response rate and number of catalogues mailed. Vary the response rate between 4% and 10% with increments of 2% and vary the number of catalogues mailed from 10,000 to 30,000 at increments of 5000.Elmwood Pinecone sells fake Christmas trees with a selling price of $75 and variable costs per unit of $30. The company’s monthly fixed expenses are $22,500. NOTE: You may want to use one of the EXCEL spreadsheets I provided in the module - Chapter03 CM Income Statement.xlsx downloador Chapter03 CM Income Statement BE.xlsx download - to help complete this problem. The following names are to be considered when completing this problem: Operating Income Variable Costs Sales Fixed Costs per Unit Selling Price per Unit Variable Cost per Unit Contribution Margin Fixed Costs Operating Loss What is the Elmwood’s break-even point in units? . Use commas as needed (i.e. 1,234). What is the Elmwood’s break-even point in dollars? . Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Using the names listed above, construct a contribution margin income statement for the month of November when they will sell 900 units. Rounded to whole dollars and…
- london Printing wishes to print and market the book prepared by X person on engineering economy. There is a demand for the book in the market. Financial information about the book is given as follows. The copyrights fees are $ 300,000, painting costs $ 80, typesetting $ 150, printing and bending $ 3.5, ink and paper $ 6, bookstore discount $ 1.5, general administration costs $ 2, and the selling price of the book is $ 50. If this book is printed and sold, find the transition point to profit by using tables and graphics. If there is a $ 5 option ($ 45 or $ 55) about the book's selling price, how does the breakeven point change?The Vacuum Shoppe purchases a Dyson V7 Motorhead Origin vacuum for $200 less 5% and 17.0%. Their regular selling price is $384.00. Overhead is 14% of the regular selling price. A scratched demonstrator unit from their floor display was cleared out for $250 What was the rate of markdown on the demonstrator unit? Your Answer:An automobile parts supplier sell Excel brand batteries to van dealers. The annual demand is approximately 1,000 batteries. The supplier pays RO 20 for each battery and estimates that the annual holding cost is 30 percent of the battery’s value. It costs approximately RO 10 to place an order. The supplier currently orders 20 batteries per month. Determine the economic order quantity. a. 57.74 units b. 28.28 units c. 28.82 units d. 82.82 units