Please see attachment and type out the correct answer ASAP with proper explanation of a b c d part . Will give multiple upvote only for the correct answer.so b)ABC is a snowboard company and they sell each of snowboard for RM250. Unitvariable costs is RM150, and the total of monthly fixed costs are RM50,000.(i)Determine the breakeven point(iii)(iv)Calculate the total sales of ABC company to break evenDetermine the amount of total sales required to earn a target profit ofRM30,000The management believes a goal of 800 units is overly optimistic and settleson a best guess of 700 units in monthly sales. Evaluate how will profitchange if the sales price increases by RM25 per unit (10 percent)?

Since you have posted a question with multiple sub parts, we will provide the solution only to the…

variable costs is RM150, and the total of monthly fixed costs are RM50,000. (i) Determine the breakeven point (ii) (iii) Calculate the total sales of ABC company to break even Determine the amount of total sales required to earn a target profit of RM30,000 end cet

variable costs is RM150, and the total of monthly fixed costs are RM50,000. (i) Determine the breakeven point (ii) (iii) Calculate the total sales of ABC company to break even Determine the amount of total sales required to earn a target profit of RM30,000 end cet

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 1E

See similar textbooks

Related questions

Q: An electronic device is available that will reduce this year’s labor cost by$16901.The equipment is…

A: Bi-monthly means that the interest will be computed twice a month i.e. every two months. To…

Q: Which of the following is correct about double coincidence of wants a- economy with money use this…

A: Double coincidence of wants , as the name suggests , there should be two people and echa having the…

Q: Suppose the U.S. dollar depreciates by 6% against the U.K. pound. The following table shows the…

A: Imports are any product or service purchase in from one nation to another, while exports are…

Q: Write both a null and research hypothesis for the following variables: study time and academic…

A: Hypothesis refers to a guess or an assumption about the possibility of what is going to happen. It…

Q: Trek is a bicycle manufacturing company. Each bike costs $150 to make, and the company's fixed costs…

A: Fixed Cost remains fixed at all levels of output. Variable Cost varies with the changes in output.…

Q: Mortagage for a home is an example of a-Asset b-Balance sheey c- Net worth d- liability

A: Assets are the properties that will yield benefit over years. Liabilities are the balance that is…

Q: 3. What happens to the good-market equilibrium output if the following event oc- curs in the…

A: A good market is said to be in equilibrium when the total demand(D) of goods is equal to the total…

Q: The accompanying table shows the average annual wage for a country, in thousands of dollars, fo .…

A: Given information Year Average annual wage (,000) 1970 9.6 1980 24.8 1990 26.3 2000 45.6…

Q: . The demand for a commodity is given by Q = β0 + β1P + u, where Q denotes quantity, P denotes…

A: Given information Demand function Q = β0 + β1P + u Supply function Q = g0 + g1P + v u and v both…

Q: nsider the following supply and demand curves Price = 35-4*Q Price = 3*Q Suppose the government…

A: The equilibrium is set up where the demand and supply forces are equal. The given demand and supply…

Q: It is July 30, 2021. The cheapest-to-deliver bond in a September 2021 Treasury bond futures contract…

A: The term "future bond contract" describes an arrangement between two parties to buy or sell bonds…

Q: Refer to Figure 17-4. Consider the shift in the short-run Phillips curves shown in the above graph.…

A: Phillips curve shows the relationship between inflation rate and unemployment rate. The curve shows…

Q: Graph below shows the cost curves for a perfectly competitive firm (its total fixed costs are…

A: In a market with perfect competition, the market determines the price. The company determines the…

Q: Economist who generally empgasize the importance of aggregate supply in determining the size of the…

A: Aggregate Supply refers to the total quantity of output that all the firms in the economy will…

Q: If Ginna spends her entire budget, she could buy a chosen set of groceries and also buy 10…

A: Budget constraint shows the expenditure on each good when the income of the consumer and prices of…

Q: What is the objective of a cartel? Question 7 options: joint profit maximization productive…

A: Cartels compete in the same industry and strive to minimise competition by setting prices in…

Q: In the duopoly market where two firm exist, the demand curve is given as follows. P=120-y (y is…

A: In equilibrium firm produces the output and charge price which maximizes the profit level of the…

Q: 1. For each of the following scenarios, first determine if the transaction is going to be included…

A: The GDP or Gross Domestic Product in a country can be calculated using different techniques. It…

Q: 4. Assume that the price changed from P1 to P2. Compute for the point elasticity and determine the…

A: Here, given information is: Initial price (P1): 25 Final price (P2): 32 Initial quantity demanded…

Q: Bank of Rigel holds $654 million of assets and $579 million of habilities. Then, the net worth…

A: Given information: Bank of Rigel holds $654 million of assets and $579 million of liabilities.…

Q: When a perfectly-competitive industry is in long-run equilibrium A. each firm earns zero economic…

A: Perfect competition is a fictitious market structure, which has been designed to study effects of…

Q: Inflation Rate (%) 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% -10.00% Inflation Rate for…

A: The CPI, which is known as the consumer price index, is a weighted average of prices of various…

Q: 10 points C eBook Print References answer two questions about externalities. Price ($) Price ($) 20…

A: A benefit that is received by individuals other than the buyers or sellers on the market is referred…

Q: Suppose the following data describe a nation's population: Population Labor force Unemployed Year 2:…

A: The labor force in any given economy is determined by various factors such as industrialization and…

Q: Consider PNW Airlines, an airline focused on transporting cargo. Their fleet is composed of four…

A: The supply of a company is constrained when it can not supply beyond a certain output level. The…

Q: If Joe decides to allocate his entire weekly allowance between energy drinks and coffee, he could…

Q: Market value added (MVA) and economic value added (EVA) are two common ways that investors and…

A: Market value added is the difference between a company's current total market value and the capital…

Q: "Under a regime of full monetary accomodation, if the output gap rises, " O Equilbrium money…

A: Accommodative monetary policy refers to an approach of an expansion of the overall money supply by a…

Q: When a shortage exists in a market, price is above equilibrium O below equilibrium higher than…

A: Introduction A shortage occurs whenever quantity demanded is greater than quantity supplied at the…

Q: ceteris paribus, if the labor force participation rate is rising then real GDP per capita tends to…

A: The labor force participations rate is an estimate of an economy's active workforce. Labor…

Q: Let's say that you have put $1,000 in your savings account at a local financial institution, and an…

A: A bank is a financial institution that serves the purpose of being an intermediary between borrowers…

Q: An electronic device is available that will reduce this year’s labor cost by$16901.The equipment is…

A: The term "compounded bi-monthly" is often used to describe interest compounding, which is calculated…

Q: explain how GDP could be a factor for the unemployment rate

A: GDP stands for the total dollar value of all goods and services produced in an economy over a…

Q: In the second paragraph of the June 30, 2004, FOMC statement, the committee affirmed that it…

A: The U.S. central bank implements its monetary policy through the Federal Open Market Committee…

Q: 1. An electronic device is available that will reduce this year's labor cost by $19443. The…

A: Given Labour Cost at Year 1 19443 Increases by 7% r 12% Bimonthly r 0.02

Q: An electronic device is available that will reduce this year's labor cost by$13232.The equipment is…

A: Labour Cost at Year 1 13232 Increases by 7% r 12% Bimonthly r 0.02

Q: Calculate the Marginal Utility then the MU/P to find Consumer Optimum. How many drink(s) and Big…

A: PLease check the step 2 for solution

Q: Please answer question D

A: A financial investment's anticipated return value is known as the expected return on investment. It…

Q: The Bertrand model of oligopoly reveals that: capacity constraints are not important in determining…

A: Note : As Per Over guidelines we will solve one question at that time remaining question post…

Q: A self employed individual, Jimmy Carpenter, is opening a retirement account at a bank. His goal is…

A: A cash flow series with a geometric gradient either increases or decreases by a fixed proportion…

Q: TC TB 16 MG Current Current 12 MG 50 800 8 MG 150 1300 4 MG 500 1850 0 MG 1200 2000 A city currently…

A: Marginal cost refers to the extra cost incurred in producing one more unit of the good. While,…

Q: D Outcome E F G H Utility of Individual #1 3 14 4 12 Utility of Individual #2 4 14 5 15 Utility of…

A: Note : As Per Over guidelines we will solve three sub par at that time remaining sub par post…

Q: What is single tax system? Write its merits and demerits

A: Taxation does more than only pay for public goods and services; it also plays a vital part in the…

Q: Answer the following questions. List and describe the three primary functions of the Federal…

A: Reserve is the amount that is kept by the banks as a security to be used in case of financial crises…

Q: Assume that the price changed from P1 to P2. Compute for the mid-point elasticity and determine the…

A: Elasticity shows the change in quantity due to change in price. Mid point formula :- Ed =…

Q: increase Supplemental Nutrition Assistance Program (SNAP) benefits, otherwise known as food stamps,…

A: Even though more people are utilising SNAP benefits, this region still has a higher than average…

Q: COMPARE THE GDP OF BARBADOS AND JAMAICA IN RELATION TO UNEMPLOYMENT RATES

A: Unemployment refers to the situation wherein the people looking for a job at prevailing wage rates…

Q: 3. Suppose that in a given year the money supply is $500 billion, nominal GDP is $10 trillion, and…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first three questions for…

Q: Which of the following about saving deposits a-under M2 supply, they they are bank accounts that…

A: Savings deposit is a type of bank account opened by people at any financial institution to save a…

Q: Up Down Player 1 Up Down Up Down Player 2 P1 gets $20 P2 gets $20 P1 gets $52 P2 gets $6 P1 gets $4…

A: A subgame perfect Nash equilibrium is equilibrium such that players' strategies constitute a Nash…

Question

Please see attachment and type out the correct answer ASAP with proper explanation of a b c d part . Will give multiple upvote only for the correct answer.so

b)
ABC is a snowboard company and they sell each of snowboard for RM250. Unit
variable costs is RM150, and the total of monthly fixed costs are RM50,000.
(i)
Determine the breakeven point
(iii)
(iv)
Calculate the total sales of ABC company to break even
Determine the amount of total sales required to earn a target profit of
RM30,000
The management believes a goal of 800 units is overly optimistic and settles
on a best guess of 700 units in monthly sales. Evaluate how will profit
change if the sales price increases by RM25 per unit (10 percent)?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

A privately owned summer camp for youngsters has the following data for a 15- :weeksession Charge per camper $130 per week Fixed costs $42,000 per session Variable cost per camper $70 per week Сарacity 180 campers Develop the mathematical relationships for (a) .total cost and total revenue What is the total number of campers that (b) ?will allow the camp to just break even What is the profit or loss for the 12-week (c) ?session if the camp operates at 80% capacity
What is the maximum profit for the profit-versus-production function given below? P is profit in dollars and x is units of production. P= $200,000 -0.12 - O (A) $200,000 O (B) $240,000 O (C) $290,000 O (D) $310,000 Remaining Time 4
A company estimates it will sell 5000 products in a year. I twould like to make some number N of equally spaced orders of size x units per order so that the total inventory cost (which includes prdering and storage) is minimized. a) If there is a 420 per order fixed cost plus a cost of $9 per unit ordered, and the storage cost per year is $10, find the number of orders and the numbers of units per order so that the goal of minimizing inventory costs is achieved. b) Suppose that the ordering cost doubles to $18 per unit ordered,and that no other chnage is made. Decide whether this should or should not change the solutuon that you foind in part (a), and justify your answer.
A cell phone company has a fixed cost of $1,000,000 per month and a variable cost of $22 per month per subscriber. The company charges $33 per month to its cell phone customers. a.What is the annual breakeven point for this company? b. The company currently has 95,000 subscribers and proposes to raise its monthly fees to $39.95, what is the new annual break-even point if the variable cost increases to $25 per customer per month? c.lf 20,000 subscribers will drop their services because of mönthly increase in part (b), will the company still be profitable?
A cell phone company has a fixed cost of $1.200.000 per month and a variable cost of $21 per month per customer. The company charges $37 5 per month to its cell phone customers. a. What is the breakeven point for this company?
The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000 + 900x. (A) Find the average cost per unit if 500 frames are produced. (B) Find the marginai average cost at a production level of 500 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 501 frames are produced. (A) If 500 frames are produced, the average cost is $per frame. (B) The marginal average cost at a production level of 500 units is $ (Round to the nearest cent as needed.) per frame. (C) Using the results from parts (A) and (B), the estimate of the average cost per frame if 501 frames are produced is $ (Round to the nearest cent as needed.)
When the production volume (Q)is(100)units the total costs (TC)is (1500)omani RIyals and fixed costs (900) Riyals so the Average Variable costs AVC will be
The total costs of producing 240 and 360 units are $3400 and $4000, respectively. (a) What is the average unit cost over the first 240 units? (b) What is the incremental cost? (c) What is the fixed cost? (d) What is the total profit or loss from the sale of units 240 through 249 at $10.47 each?
T/F The fixed cost remains same at all level of output.
Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and unit variable costs of $5 per pair. If the company charges $15 per pair, how many pairs must it sell to break even?
A company has determined that the price and the monthly demand of one of its products are related by the equation D = √(400 − p), where p is the price per unit in dollars and D is the monthly demand. The associated fixed costs are $1,125/month, and the variable costs are $100/unit. Use this information to answer, Which of the following values of D represents the breakeven point? (a) 10 units (b) 15 units (c) 20 units (d) 25 units.
Cost analysis Tech engineering is making a product for overseas market. The following cost data for the product has been compiled. Item Selling price Materials and purchased parts $25/unit Direct Labor (per unit) Fixed Cost a) Calculate the breakeven volume for this product Cost $135 2 hrs at $20 per hour $1,400,000 b) What is the profit per unit if 30000 units are sold c) To reduce the breakeven volume to 15000 Units, what should be the selling price