A. You are thinking about opening an oil change shop. Your fixed costs will be $13,000 per month. You will charge customers $28 for a lube-oil filter. The cost of materials is in addition to your fixed costs and is estimated at $8 per customer. How many customers must you have each month in order to break even? Hint: "Break Even" means revenues equal expenses, so we could say "fixed costs+variable costs=revenues" B. If your shop is open an average of 25 days each month., how many customers do you need each day to break even? Answer for a:   650 customers Answer for b: 26 customers per day please help me set up the equation needed to solve and get the correct answer.

Widgets cost $20/unit to produce and are sold at 40$/unit. The firm has fixed operating costs of $60,000. If the fixed operating costs are increased 15%, then what percentage increase in sales revenue is required to break-even?

A computer company's yearly inventory cost is 39 percent (which accounts for the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence). Last year, the company had $375 million in inventory and cost of goods sold of $29 billion.What is the company's total inventory cost for the year (in million $s)? Note: Round your answer to the nearest integer.

A colleague has made the following statements: In the long term most production overheads are variable Traditional absorption costing systems tend to give too much overhead cost to high volume products.   Which statements are correct? a)  Neither statement 1 nor statement 2 b)  Only statement 1 c)  Only statement 2 d)  Both statements 1 and 2

You've purchased a 1 liter bottle of Coffee Liqueur for $19.95. You serve the liqueur in 1.5 oz. drinks. 1) How many drinks can be obtained from the bottle? drinks 2) What is the cost per drink? $ 3) If you want the beverage cost percent to be 18%, how much should you be charging for each cocktail? $ per drink

For Demand Planning, provide a comprehensive description, what benefit it may offer to the ABC Corporation, and what needs to be done in order to successfully implement this topic into the ABC Corporation. For Demand Planning, integrate appropriate biblical references. Explain Demand Planning magnify God’s plan for you?

Use a single excel file with formulas within answer cells. Show formulas for how to get the answer. The ticketing office at a professional sports venue has noticed that ticket sales seem to fluctuate. The manager wants to introduce the strategy of demand-pricing in order to maximize attendance and therefor revenue.  Based on historical sales, manager wonders if there is a connection between winning percentage (in decimal form) of the team and attendance (seats). Attendance (seats) Winning Percentage (decimal form) 78,000 0.6 89,000 0.67 93,000 0.7 59,000 0.5 65,000 0.55 97,000 0.9 86,000 0.6 75,000 0.55 91,000 0.8 61,000 0.52   What is the forecasted attendance if winning percentage is 0.67?

What do we mean by "High-volume products" and "Low-volume products"?  Do "High-volume products" mean "easy to produce the product"? and "Low-volume products" mean "difficult to produce the product"? If "Yes," can we say the overhead cost will be less when we produce low-volume products than high-volume products?