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Virty [35]
3 years ago
8

Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per

month for volumes up to​ 1,100 kayaks. Above​ 1,100 kayaks, monthly fixed costs are​ $60,000. What is the budgeted operating income at a level of​ 2,500 kayaks per​ month?
Business
1 answer:
Daniel [21]3 years ago
7 0

Answer:

Net operating income= 565,000

Explanation:

Giving the following information:

Krazy Kayaks sells its entry-level kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per month for volumes up to​ 1,100 kayaks. Above​ 1,100 kayaks, monthly fixed costs are​ $60,000.

Sales= 2,500*750= 1,875,000

COGS= (500*2,500)= (1,250,000)

Gross profit= 625,000

Fixed costs= (60,000)

Net operating income= 565,000

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4 0
3 years ago
Seating Company is currently selling 1,400 oversized bean bag chairs a month at a price of ​$95 per chair. The variable cost of
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Answer:

Contribution Margin Income Statement

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-Variable production costs     1,400 x $65 = ($91,000)

-Variable selling costs              1,400 x $2 = ($2,800)

=Contribution Margin                $133,000 - $91,000 - $2,800

                                                 =  $39,200

-Fixed production costs          ($13,000)

=Net profit                                = $39,200 - $13,000

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7 0
3 years ago
Which savings account will earn you the most money?
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One that earns Daily

Explanation:

5 0
3 years ago
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Based on the fact that this country is having a high rate of unemployment, then it is  inside (below) its PPF.

<h3>What is the Production possibility frontier?</h3>

This is the graphical illustration that shows the way a nation produces goods and services based on the resources that it has available.

It shows the mix of goods that would efficient use the allocated resources. A country is at unemployment if they are inside the PPF.

Read more on the Production possibility frontier here:

brainly.com/question/6571859

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Answer:

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