Question: 1 furry friends food manufacturing has compiled the following estimates...
1 Furry Friends food manufacturing has compiled the following estimates for operations.
Fixed cost: $150,000
Total variable cost: $590,000
Find the total cost
Find the net income
Perform a break-even analysis showing computation of contribution margin and break-even point in sales dollars.
2 Aman is thinking of starting up a personal financial service. The basic office supplies will cost $3250 and the variable cost for each consultation is $10.25. He plans to bill each client $50 per consultation.
What is the break-even quantity of consultations for Aman’s personal financial consultation?
If Aman’s goal is $1000, how many consultations would he need to reach his goal?
Find the contribution margin and contribution rate
3 A toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each pack has a duck, a turtle and a frog). The rent and supply costs for company is $6500/month. The material cost for each duck, turtle and frog are 40, 45, and 65 cents respectively.
Find the revenue if 10000 packs are produced and sold.
Find the total variable cost, and the total cost.
Find the break-even point.
Find the profit if 20000 packs are produced, but only 15000 packs are sold.