Questions from Business Mathematics

Q: Bentley Plastics Ltd. has annual fixed costs of $450,

Bentley Plastics Ltd. has annual fixed costs of $450,000 and variable costs of $15 per unit. The selling price per unit is $25. 1. What annual unit sales are required to break even? 2. What annual rev...

Q: The Woodstock plant of Goodstone Tires manufactures a single line of automobile

The Woodstock plant of Goodstone Tires manufactures a single line of automobile tires. In its first fiscal quarter, the plant had total revenue of $4,500,000 and net income of $900,000 from the produc...

Q: The Kelowna division of Windstream RVs builds the Wanderer model. The

The Kelowna division of Windstream RVs builds the Wanderer model. The division had total revenue of $4,785,000 and a profit of $520,000 on the sale of 165 units in the first half of its financial year...

Q: In the past year, the Greenwood Corporation had sales of $

In the past year, the Greenwood Corporation had sales of $1,200,000, fixed costs of $400,000, and total variable costs of $600,000. 1. At what sales figure would Greenwood have broken even last year?...

Q: The Morgan Company produces two products, G and H, with

The Morgan Company produces two products, G and H, with the following characteristics: Total fixed costs for the year are expected to be $700,000. 1. What will be the net income if the forecast sales...

Q: A college ski club is planning a weekend package for its members

A college ski club is planning a weekend package for its members. The members will each be charged $270. For a group of 15 or more, the club can purchase a two-day downhill pass and two nights’ accomm...

Q: Reliable Plastics makes containers that it sells for $2.55

Reliable Plastics makes containers that it sells for $2.55 each. Its fixed costs for this product are $2000 per month and the variable cost per unit is $1.30. 1. What is the break-even point in units?...

Q: Express decimal and percent equivalent forms in the repeating decimal notation.

Express decimal and percent equivalent forms in the repeating decimal notation. Show just the minimum number of decimal places needed to display the repeating digit or group of digits. -4 900

Q: Genifax reported the following information for September: Sales revenue $

Genifax reported the following information for September: Sales revenue $180,000 Fixed manufacturing costs 22,000 Fixed marketing and overhead costs 14,000 Total variable costs 120,000 Unit price 9 1....

Q: The social committee of a college’s student government is planning the annual

The social committee of a college’s student government is planning the annual graduation dinner and dance. The preferred band can be signed for $1000 plus 10% of ticket revenues. A hall can be rented...