The rental cost of renting a machine that is $20,000 per year plus $0.70 per machine hour of use during the year, is an example of a mixed cost. O True False
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- I need the answer as soon as possibleSolve the quantitative analysis problembelow: Formulas: BEP : Fixed cost / (selling price per unit)-(variable cost per unit) : f / s - v profit : sX - f - vX (selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)] Jacob&Zach Co is a company that offers financial advice for people want to plan their retirement ahead of time. This company offers seminars and trainings on important topics related to retirement planning. For every seminar, the company rents a conference hall for P5,000.00. The company also spends a total of P7,500.00 to cover the cost of advertising and other expenses related to the conduct of the seminar. In every seminar, the company gives token to all attendees and each token costs P85.00. Lastly, the companycharges P350.00 per person who wants to attend seminar. Questions:1.) How many people should attend the seminar to break-even? 2.) Given this BEP number, how much is the a. revenue?b.…A manufacturing process can be designed for varying degrees of automation. The following is relevant cost information. Determine which is best by after-tax analysis using an income tax rate of 29%, an after-tax MARR of 16%, and SL depreciation. Assume that each has a life of six years and no BV or MV. Degree A B C D Click the icon to view the interest and annuity table for discrete compounding when the MARR is 16% per year. More Info N 1 2 3 4 5 6 7 8 9 10 Single Payment Compound Amount Factor To Find F Given P FIP 1.1600 1.3456 1.5609 1.8106 2.1003 Discrete Compounding; i = 16% Compound Amount Factor To Find F Given A FIA 1.0000 2.1600 3.5056 5.0665 6.8771 8.9775 11.4139 14.2401 17.5185 21.3215 2.4364 2.8262 3.2784 3.8030 4.4114 Present Worth Factor To Find P Given F PIF 0.8621 0.7432 0.6407 0.5523 0.4761 0.4104 0.3538 0.3050 0.2630 0.2267 Print Uniform Series Present Worth Factor To Find P Given A PIA 0.8621 1.6052 2.2459 2.7982 3.2743 3.6847 4.0386 4.3436 4.6065 4.8332 Done Sinking…
- Imagine that you could increase the price for a product that has a profit margin of 8% on its price. If you could increase the price by 1% AND simultaneously keep the sales volume (in unit terms) at the same level as before the price increase, calculate the impact of this price increase on the profit margin. (For this question, assume there are no fixed costs. You just need to calculate the PERCENTAGE CHANGE in profit margin)Pigwidgeon Company charges a selling price of $30 per unit for its single product, incurs variable costs of $14 per unit, and total fixed costs of $1,120,000. What unit sales volume is necessary to earn a net income before tax of $40,000? Select one: O a. 73,500 b. 72,500 c. 70,000 d. 77,876 e. None of these options are correct.4. What if the average price per unit increased to $25.50? Recalculate the following: a Contribution margin per unit. Round your answer to the nearest cent. b. Contribution margin ratio. Enter your answer as a decimal value (not a percentage), rounded to four decimal places. C. Sales revenue needed to break even. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar. d. Sales revenue needed to achieve a target profit of $240,000. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar.
- Please answer 2.4 and 2.5Use CVP and compute the rooms sales necessary to achieve a net income of 156000 for a single product motel with total fixed cost of $180,000 and average room rate of $50 and a variable cost per room of $20 the motels income tax rate is 35%Steven and Son Inc. sells its car wash package for $180 per unit, its total variable costs per unit is $80 per unit, whereas the total fixed costs are $150,000. The company is considering the increase this year targeted profit to $250,000. What is the company's margin of the safety? Select one: a. The margin of the safety is $450,000 b. The margin of the safety is $630,000 c. The margin of the safety is $270,000 d. The margin of the safety is $180,000
- Ee.11.Kelly and Sam Morse have invested $500,000 in K&S Place. Their projected costs and activities are as follows: Variable Cost Monthly Fixed Costs Monthly Covers Served 63% $30,000 10,000 Answer the following questions below. Show your work. 1. If a monthly profit of $5000 must be earned in addition to the fixed costs, what must the average check be? 2. What would you want to compare the result you calculated with so see if it is reasonable to achieve that check?A piece of laborsaving equipment has just come onto the market that Mitsui Electronics, Ltd., could useto reduce costs in one of its plants in Japan. Relevant data relating to the equipment follow (currency is inthousands of yen, denoted by ¥):Purchase cost of the equipment ............. ¥432,000Annual cost savings that will beprovided by the equipment .................. ¥90,000Life of the equipment .............................. 12 yearsRequired:(Ignore income taxes.)1. Compute the payback period for the equipment. If the company requires a payback period of fouryears or less, would the equipment be purchased?2. Compute the simple rate of return on the equipment. Use straight-line depreciation based on theequipment’s useful life. Would the equipment be purchased if the company’s required rate of returnis 14%?