A business sells a single product. The current selling price is $40, but this will be raised to $45. It has fixed costs of $360,000 and variable costs per unit of $20. Demand is 50,000 units a year.What is the sales volume required to maintain a profit of $140,000 at the new price? ______
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An organisation expects to sell 50,000 units of product X in a month. The fixed costs of production are $99,000 and the variable costs are $3 per unit. The selling price is $7.50 per unit.What is the breakeven point for product X? ______
Steel Co makes metal shelving in a process that involves cutting shapes out of metal sheets. As a result, 10% of the raw materials are offcuts. In May, raw materials of 6,500 kg are used and there is an abnormal loss of 200kg.What is the quantity of good production achieved? ______
The costs of service department A and service department B need to be reapportioned to the two Production departments using the direct method. The total overhead costs of each department are as follows:Service department A is to be reapportioned to the production centres on the basis of number of employees. Service department B is to be reapportioned on the basis of machine hours.What is the total overhead cost of Production 1 after the reapportionment? ______
A machine is purchased for $100,000. The residual value at the end of its life is $15,000. The useful life is 5 years.Using the straight line method, what is depreciation in year 3? ______