Mathematics, 13.04.2021 16:10, mikecampbellashleyca
Case: Your group is providing assistance to an entrepreneur planning to start a new business. The group wants to check the feasibility of renting in-line skates to individuals and small groups. To determine this, you need to calculate the break-even point in unit and dollar sales for the year based on the following projections:
Rent$ 12,000
Insurance 600
Equipment loan payment (non-skate) 2,400
Utilities (electric, phone, water) 1,440
Wages and salaries 27,600
Advertising 960
Each pair of in-line skates will cost the business $90. The first year’s inventory will consist of 50 pairs.
The projected average sale is $10 per rental. With a six-day-a-week operation, your group projects an average rental of 30 pairs a day, producing sales of $1,800 per week.
Questions:
1.How much are the total fixed costs?
2.How much are total variable costs?
3.What is the variable cost per unit?
4.What is the variable-cost margin?
5.What is the break-even point in units?
6.What is the break even point in dollars?
Answers: 3
Mathematics, 21.06.2019 20:00, gordon57
Someone answer asap for ! max recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a. the median of max’s data is 250 b. more than half of the data points max recorded were 177 centimeters. c. a data point chosen at random is as likely to be above the mean as it is to be below the mean. d. every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 1
Mathematics, 21.06.2019 21:10, madisontrosclair2
Plot a point at the y-intercept of the following function on the provided graph. 3y=-5x+7 20 points
Answers: 1
Case: Your group is providing assistance to an entrepreneur planning to start a new business. The gr...
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