Novelties, Inc. produces and sells highly faddish products directed toward the pre-teen market. A new product has come onto the market that the company is anxious to produce and sell. Novelties plans to produce 30,000 units each month. Variable costs to manufacture and sell one unit would be $1.60 and fixed costs would total $45,000 per month. Novelties, Inc. plans to sell this new product for $2.50 per unit.

a. Calculate the break-even point in both units and sales dollars. What will be your advice to Novelties, Inc.?
b. Calculate the number of units that must be sold each month to earn a monthly net income of $9,000.
c. Create a spreadsheet solution to the problem.

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Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31