You wanted to join a booth fair, and you are aiming to get a profit that is twice as your capital. Your starting capital is $15,000.00. Make a financial plan for the booth that you will set up and the product that you will sell. You may use the sample plan below: FINANCIAL PLAN Product: Description of product: Goal: Capital: 15,000.00 Fixed Cost (Labor, Machineries, Expenses for the booth etc): Variable Cost (Materials, Ingredients, etc): Profit function: Prove that profit function will yield an amount that is twice the capital

Two competitors have the cost structure shown below. Which of the following statements are true         Firm A Firm B Product 1     Units 500 200 Total costs (P1) $50,000  $18,000        Product 2     Units 500 1200 Total costs (P2) $100,000  $144,000        Total costs (P1 + P2) $150,000  $162,000          A. Firm A should lower its price on Product 2    B. Firm B is the low-cost producer.   C. Firm B should lower its price on Product 1 and Product 2   D. Firm A is the low-cost producer   E. Both A and B are true

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?

Firebird MFG,Co. has a contribution margin of 40 percent and must sell 80,000 units at a price of $90 each to break even.  What is the total fixed cost, and the variable cost per unit?

True or False? Period Costs are the same as Product Costs, but just for one period.

Tied in Knots rents the space for its bakery. When the lease comes up for renewal, the owner raises the rent by $50.00 per month. This increases the total fixed cost to $8,800 per month. If the unit price remains at $1.50 and the variable cost remains at $0.35 per unit, what is the new break-even point?