1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maxonik [38]
3 years ago
12

Quadcopters plans to sell a standard quadcopter ​(toy drone) for $ 55 and a deluxe quadcopter for $ 85. Funtime purchases the st

andard quadcopter for $ 45 and the deluxe quadcopter for $ 65. Management expects to sell two deluxe quadcopters for every three standard quadcopters. The​ company's monthly fixed expenses are $ 11 comma 900. How many of each type of quadcopter must Funtime sell monthly to​ breakeven? To earn $ 7 comma 700​?
Business
1 answer:
Harman [31]3 years ago
4 0

Answer:

For break-even, number of standard quadcopter sold should be 238

and, number of standard quadcopter sold should be 2 × 238 = 476

to earn $7,700,  number of standard quadcopter sold should be 392

and, number of standard quadcopter sold should be 2 × 392 = 784

Explanation:

Given:

Selling cost of standard quadcopter = $55

Selling cost of deluxe quadcopter = $85

Purchasing cost of standard quadcopter = $45

Purchasing cost of deluxe quadcopter = $65

monthly fixed expenses = $ 11,900

Now,

let the number standard quadcopter sold be 'x'

thus, according to the question

the number deluxe quadcopter sold will be = 2x

also,

at break-even

total cost = total revenue

or

Total fixed cost + Total purchasing cost = Total revenue

or

$11,900 + ($45x + $65 × 2x) = $55x + $85 × 2x

or

$11,900 + $45x + $130x = $55x + $170x

or

$11,900 + $175x = $225x

or

$225x - $175x = $11,900

or

$50x = $11,900

or

x = 238

Hence,

For break-even, number of standard quadcopter sold should be 238

and, number of standard quadcopter sold should be 2 × 238 = 476

To earn $7,700

Earning = Total Revenue - Total cost

$7,700 = ( $55x + $85 × 2x ) - [$11,900 + ($45x + $65 × 2x)]

$7,700 = $225x - $11,900 - $175x

or

$7,700 + $11,900 = $50x

or

$50x = $19,600

or

x = 392

Therefore,

to earn $7,700,  number of standard quadcopter sold should be 392

and, number of standard quadcopter sold should be 2 × 392 = 784

You might be interested in
A coffee shop is what kind of reatailing distribution channel?
Keith_Richards [23]

The answer is I believe direct-to-consumers

7 0
3 years ago
Read 2 more answers
Kingbird Construction Company changed from the completed-contract to the percentage-of-completion method of accounting for long-
sergey [27]

Answer:

a) 2021 year income: 526,540

b) journal entries

income tax expense    225.660‬ debit

    income tax deferred liability (*1)  49.650‬ debit

    income tax payable    176.010‬ credit

Explanation:

Year   Accounting Tax purpose Difference

2020 752200 586700 165500

2021 683500 444700 238800

2021

752,200 x 30% = 225,660

after tax income: 526.540‬

2022

683,500 x 30% = 205,050

after tax income:   478.450‬

We recognize the income tax expense n the accounting method of revenue/expense recognizition

while, the payable will use the goverment purposes.

Then, the differnce wi considered either income tax deferred.

*1 it is a liability as the company is paying lower taxes to day to pay more than before.

3 0
3 years ago
Your manager has asked for your help to make a decision on an important issue within 24 hours. the outcome of this decision will
exis [7]
The best thing that you should do in this scenario would be :

- Gather as much as information as you can regarding the issue (maybe by asking input from your associates)
 
- analyze the issue completely thoroughly

- Believe in yourself and create the best decision based on your analytic 

hope this helps
8 0
3 years ago
vSelected financial data for The Portland Porcelain Works Coffee Mug Division is as​ follows: Sales $ 2 comma 000 comma 000 Oper
ioda

Answer:

Capital turnover = 2.5 times

Explanation:

given data

Sales =  $2,000,000

Operating income = $400,000

Total assets = $800,000

Current liabilities = $120,000

Target rate of return = 13​%

Weighted average cost of capital = 6​%

to find out

Portland Porcelain Works Coffee Mug Division capital​ turnover

solution

we get here Portland Porcelain Works Coffee Mug Division capital turnover that is find here by dividing sales by total assets

so

Capital turnover = \frac{sales}{total\ assets}     ......................1

put here value

Capital turnover = \frac{2,000,000}{800,000}

Capital turnover = 2.5 times

5 0
3 years ago
Is the QA in lalalalalalal
marishachu [46]
Yes it is lalalalalala
7 0
3 years ago
Read 2 more answers
Other questions:
  • Generally, the ________ sample procedure for inferences about two population means provides better precision than the _______ sa
    14·1 answer
  • According to the video, 38 percent of managers have fired someone for stealing from the office. when an employee is considering
    14·1 answer
  • This is a match question im offering 25 points too cuz ik ppl don't really like this kind but bear with me!
    12·1 answer
  • The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be
    7·1 answer
  • Why is a long term consequence of paying less than the minimum amount due on your bills
    6·1 answer
  • Vaughn’s Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $1270
    7·1 answer
  • 1.
    15·2 answers
  • The regulatory authority will hold you responsible for ensuring that a. guests use clean tableware when returning to self-servic
    7·1 answer
  • How do embargoes most negatively affect a domestic market?.
    6·1 answer
  • The top five cities where venture capitalists are investing their money represent 10% of the global total.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!