(1) Determine the contribution margin ratio. per unit Contribution margin Contribution Margin Ratio Numerator: Denominator: Contribution Margin Ratio %3D Contribution margin ratio (2) Determine the break-even point in dollars. Numerator: Denominator: Break-Even Point in Dollars %3D Break-even point in dollars
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- Seastrand Oil Company produces two grades of gasoline: regular and high octane. Both gasolines are produced by blending two types of crude oil. Although both types of crude oil contain the two important ingredients required to produce both gasolines, the percentage of important ingredients in each type of crude oil differs, as does the cost per gallon. The percentage of ingredients A and B in each type of crude oil and the cost per gallon are shown. Crude Oil Cost Ingredient A Ingredient B 1 $0.10 20% 60% 2 $0.15 50% 30% Each gallon of regular gasoline must contain at least 40% of ingredient A, whereas each gallon of high octane can contain at most 50% of ingredient B. Daily demand for regular and high-octane gasoline is 800,000 and 600,000 gallons, respectively. How many gallons of each type of crude oil should be used in the two gasolines to satisfy daily demand at a minimum cost? Round your answers to the nearest whole number. Round the answers for cost to the nearest…Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) Selling Price (5) per unit Total Variable Cost at Break- Revenue (TR) even (TVC) per month Break-even Total Volume (x) per month per month at Break-Even per unit $8,700.00 $24.00 $36.00 $0.00 $0.00 $130,000.00 $470.00 1,030 S0.00 $0.00 $0.00 $740.00 $79.00 22 $0.00 50.00 S0.00 $31.00 $53.00 440 S0.00 S0.00 S0.00 -1°CFixed cost Variable cost No. of cupcake Total cost (FC+VC) $420 $2.10 1 $422.10 $420 $42.00 20 $462.00 $420 $84.00 40 $504.00 $420 $126.00 60 $546.00 $420 $168.00 80 $588.00 $420 $210.00 100 $630.00 TC = $420 + 2.1x R= 4.90(x) (I) Graph both functions on the same coordinate axes.(II) From your graph find coordinatae at which cost equals revenue.(III) Using your graph, determine how many cupcakes need to be made to produce revenueof at least $1,029.How much profit is made for this number of cupcakes?
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- What can you say about negative and positive gross margin in sensitivity analysisINTEGRATIVE CASE After working for years as a regional manager for a retail organization, Scott Parry opened his own business with Susan Gonzalez, one of his district managers, as his partner. They formed S&S to sell appliances and consumer electronics. Scott and Susan pursued a "clicks and bricks" strategy by renting a building in a busy part of town and adding an electronic storefront. Scott and Susan invested enough money to see them through the first six months. They will hire 15 employees within the next two weeks-three to stock the shelves, four sales rep- resentatives, six checkout clerks, and two to develop and maintain the electronic storefront. Scott and Susan will host S&S's grand opening in five weeks. To meet that deadline, they have to address the following important issues: 1. What decisions do they need to make to be successful and profitable? For example: a. How should they price products to be competitive yet earn a profit? b. Should they extend credit, and, if so, on…Contour crafting was invented by a creative genius engineer whose idea was originally focused on constructing molds for industrial parts. He later expanded his thinking to rapid home and building construction to help during storm recovery. Think of it as 3-D printing of a home where electrical, plumbing, utilities, custom electronics, and such are installed as the home is "printed" layer by layer and potentially in one day. Precision computer-controlled near-concrete material is applied layer by layer by an apparatus with material feed, various controls for shaping in three dimensions, electronic connections, and for larger applications it uses lattice-like tower elements for support and control of the configuration. Consider a "CC Apparatus" of the appropriate size for contour crafting an industrial building. The initial cost is $215,000 and may be sold in year t for 0.6^t of the original price. Operating costs are $65,000 the 1st year, increasing by 6% per year. Due to the continual…
- SPL Group is into mining, agricultural-based and forest-based products, supplying wood, coal, carbon black, tendu leaves, tobacco extracts, honey, herbal, tree-barks (such as cinnamon) and opiates to intermediaries who make cigars, cigarettes, toothpowder, anti-psychotic drugs, etc. The group firmly believes in the ‘Triple Bottom Line’ of 3Ps, creating value for all the stakeholders; Planet, People and then Profits. SPL Group is committed to developing its business towards ecological, social and economic sustainability. All of these are recognized as shared responsibilities within the Group, enabling the continuous improvement of its operations.The company has initiated a multi-pronged approach to CSR within the organization.The ultimate objective is to see that each business decision takes into account its social impact and accordingly plans an intervention to mitigate the impacts arising out of that decision. It is equally important to ascertain that every activity done under CSR…A cell phone company has a fixed cost of $1,000,000 per month and a variable cost of $22 per month per subscriber. The company charges $33 per month to its cell phone customers. a.What is the annual breakeven point for this company? b. The company currently has 95,000 subscribers and proposes to raise its monthly fees to $39.95, what is the new annual break-even point if the variable cost increases to $25 per customer per month? c.lf 20,000 subscribers will drop their services because of mönthly increase in part (b), will the company still be profitable?Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of $22 each in the coming year. Total variable costs equal $1,086,800. Total fixed costs equal s8,000,000. Required: 1. What is the contnbution margin per unit? Round your answer to the nearest cent. What is the contribution margin ratio? Round your aniswer to two decimal pleces, (Express as a decimal-based artswer rether then a whole percent amount.) 2. Calculate the salas revenue needed to break even. Round your answer to the nearest dollar. 3. Caloulate the sales revenue needed to achieve a target profit of $245,000. Round your answer to the nearest dollar.