Question shock electronics sells portable heaters for 25, Ask an Expert

Finance

Question: Shock Electronics sells portable heaters for $25 per unit, and the variable cost to produce them is $17. Mr. Amps estimates that the fixed costs are $96,000.

a. Compute the break-even point in units.

b. Fill in the table below (in dollars) to illustrate that the break-even point has been achieved.

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92595978

Have any Question?Write your Review or question?

Related Questions in Basic Finance

How much of the ccc is under the direct control of

How much of the CCC is under the direct control of financial managers? For the portion that is not under direct control of financial managers, what are the complications that result when financial management decides that ...

Jose purchased 635 shares of common stock in tworoger

Jose purchased 635 shares of common stock in Tworoger Technologies, Inc. six years ago for$23.40 per share, or $14,859. His financial advisor thinks the stock has peaked and has advised him to sell his shares. The curren ...

Background information for the next two problems solar home

Background information for the next two problems. Solar Home Inc. is interested in estimating its sustainable sales growth rate. Last year revenues were $1 million, the net profit was $50,000, the investment in assets wa ...

The following information relates to lobo

The following information relates to Lobo Corporation: Cash $20,000 Accounts receivable $50,000 Marketable securities $65,000 Notes payable $10,000 Ac ...

Youre thinking about borrowing a 2000 personal loan the

You're thinking about borrowing a $2000 personal loan. The interest rate on the loan is 12% with quarterly compounding. You believe you can make a quarterly payment of $500. How many years will it take you to pay off the ...

Wesimann co issued 13-year bonds a year ago at a coupon

Wesimann Co. issued 13-year bonds a year ago at a coupon rate of 7.3 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.6 percent, what is the current bond price?

Why should investors who identify positive-npv trades be

Why should investors who identify positive-NPV trades be skeptical about their findings if they don't inside information or a competitive advantage? What return should the average investor expect to receive?

Consider three investors who need to partially liquidate

Consider three investors who need to partially liquidate investments to raise cash. In this case, all investments have been held for 3 or more years. Investor A waited for a $1,500 qualified dividend distribution from he ...

Suppose that todays stock price is 5309 if the required

Suppose that today's stock price is $53.09. If the required rate on equity is 15.6% and the growth rate is 9.3%, compute the expected dividend (i.e. compute D1)

You are given the following quotesusnbspdollarmexican

You are given the following quotes: U.S. dollar/Mexican Peso = 0.4637 U.S. dollar/Australian Dollar = 0.6921 U.S dollar/Chinese Yuan = 0.1825 What is the Chinese Yuan/Australian Dollar cross rate? How to find net float i ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert