You are a manager of the Sweatshirt department at Trends, a clothing manufacturer. Trends plan to produce 25,000 sweatshirts. The sweatshirts will be sold to stores for 16$ each. The cost of manufacturing and marketing each sweatshirt is 10$. How many sweatshirts need to be sold for the company to reach break-even point?

Answers

Answer 1

Answer:

25,000 sweatshirts Sold in stores( markup) : $16 Raw expenses: $10So you have to reach a break even point 10×25000= $250,00016 × 25000= 400,000Hence to break even they must sell at the very least half of their inventory.
Answer 2

Answer: 25,000 sweatshirts

Sold in stores( markup) : $16

Raw expenses: $10

So you have to reach a break even point

10×25000= $250,000

16 × 25000= 400,000

Hence to break even they must sell at the very least half of their inventory.


Related Questions

The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced it is going to break far out of that range in the next three months. You do not know whether it will go up or down, however. The current price of the stock is $100 per share, the price of a three-month call option with an exercise price of $100 is $10, and a put with the same expiration date and exercise price costs $7.What would be a simple options strategy to exploit your conviction about the stock price?

Answers

Answer:

hollmvlnnj hooo jwaauq

Which of the following scenarios is an example of irrelevant media? A. Graphics that need to be split up and appear on two pages. B. Imagery that matches the content but is too large. C. An image that does not match the text in any manner. D. A video that is inappropriate because it is too long to show in a particular situation.​

Answers

I think the answer is C but don’t quote me on that

Irrelevant media includes, for instance, an image that does not correspond to the content. Therefore, option C in the given question is correct.

What is the meaning of Irrelevant?

"Irrelevant" refers to something that is not connected or related. While they might not be the best media uses, the additional examples are not necessarily unimportant.

When something is irrelevant, it has no bearing on the topic. People no longer relate to a rock star's music or even listen if they become irrelevant. Nobody is thinking or speaking about it at the moment.

It doesn't matter if they are too big or unimportant because we can still learn a lot of useful knowledge from them. However, if something—an image, text, or anything else—does not fit the condition, that is unquestionably an example of irrelevant media.

Hence, In this case, the correct answer is option C.

Learn more about Irrelevant here:

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What are the effects of rapid inflation? Check all that apply.

Interest rates increase.
Banks loan more money.
Unemployment declines.
Uncertainty increases.
Real income declines.

Answers

Answer:

1, 4 , 5 on edge

Explanation:

Answer: A D & E

Explanation:

Why is the job market for administrative professionals growing ?
What effects do you think the constant haitian political crisis had on this field ?

Answers

The field is anticipated to grow because administrative professionals work in areas of the economy that are expanding and generating new jobs—such as education, social service, legal service, health care, and finance.

Suppose a company spends $200,000 in the current year to research and develop a navigation device for hikers. By the end of the year, the company estimates that the new navigation device has a 70% chance of generating $500,000 in revenues from sales to customers over the next four years. For what amount would the company report research and development expense in the current year

Answers

Answer: $200,000

Explanation:

The company spent $200,000 on the research that led to the development of the navigation device and according to Accounting guidelines, Research and Development costs are to be expensed in the period that they occurred.

The entire $200,000 that was spent should therefore be expensed as Research and Development.

The motion study chart that describes the movements of both hands at the same time is a: Multiple Choice simo chart. gang process chart. worker-machine chart. time/efficiency chart. flow process chart.

Answers

Answer:

simo chart.

Explanation:

The simo chart represent the simultaneous motion chart in this it focused on the movement of the both the hand at the same time

So as per the given situation, the option a is correct as it correctly fits to the given statement

And the rest of the options are incorrect

Therefore the first option is correct

Consider a Bertrand duopoly. Market demand is P(Q)=41-3Q, and each firm faces a marginal cost of $6 per unit. What is the sum of both firms' revenue in the Nash equilibrium? Enter a number only, no $ sign.

Answers

Answer:

$70.14

Explanation:

The Bertrand duopoly condition  (Nash equilibrium condition) be: P =MC

Here, P = 41 - 3Q

P = MC

41 - 3Q = 6

3Q = 41-6

3Q = 35

Q = 35 / 3

Q = 11.6667

Q = 11.67

Total demand (Q) = Q1 + Q2 (Q1 = Firm 1 Output, Q2 = Firm 2 Output)

Q = Q1 + Q2

11.67 = Q1 + Q2

So price be: P = MC ==> P = 6

Sum of both firm revenue = (Price)*Total quantity)

= $6 * (Q)

= $6 * (Q1 + Q2)

= $6 * (11.69)

= $70.14

So therefore, the sum of both firms' revenue in the Nash equilibrium is 70.14

The following information is available regarding Grace Smit's capital account in Enterprise Consulting Group, a general partnership, for a recent year: Beginning of the year balance $ 30,000 Share of partnership income $ 10,500 Withdrawals made during the year $ 6,800 What is Smit's partner return on equity during the year in question

Answers

Answer:

Return on equity = 32.967%

Explanation:

Given:

Beginning balance = $30,000

Share of partnership = $10,500

Withdrawal = $6,800

Find:

Return on equity

Computation:

Ending equity = Beginning balance + Share of partnership - Withdrawal

Ending equity = 30,000 + 10,500 - 6,800

Ending equity = $33,700

Return on equity = Share of partnership / Average equity

Return on equity = 10,500/(30,000 + 33,700)/2

Return on equity = 10,500/31,850

Return on equity = 32.967%

erlin Corporation owns a patent that has a carrying amount of $400,000. Merlin expects future net cash flows from this patent to total $250,000. The fair value of the patent is $310,000. Prepare journal entry, if necessary, to record the loss on Impairment

Answers

Answer:

An impairment has occurred because expected net future cash flow (250,000) are less than the carrying amount ($400,000). The loss is measured as the difference between the carrying amount and fair value ($310,000).

Date  Description and Explanation            Debit     Credit

          Loss on impairment                         $90,000

                  Patents ($400,000 - $310,000)             $90,000

           (To record the loss on Impairment)

According to Modigliani and Miller capital structure theory: Group of answer choices the cost of equity capital increases as a firm take on more debt financing. the value of a levered firm decreases relative to the value of an unlevered firm as corporate tax rates increase. the value of the firm is independent of capital structure in a world with perfect capital markets and corporate taxes. firms should employ as close to 100% debt financing as possible in a world with perfect capital markets and corporate taxes only. firms should employ 100% equity financing in a world with perfect capital markets and no taxes

Answers

Answer:

the value of the firm is independent of capital structure in a world with perfect capital markets and corporate taxes.

Explanation:

The Modigliani-Miller theorem refers to a theory where the capital structure does not have any impact on it. It is totally independent

So as per the given options, third option is correct as the capital structure i.e. combination of the equity and the debt should have no impact under this theory

Therefore the third option is correct

Becoming future proof means ensuring that you _________.
a.
Dress in classic business attire, resistant to style trends
b.
Will stay employed during any chaotic changes in your industry
c.
Are proficient in at least two programming languages
d.
Wait for the newest technology trends to become popular before learning them

Answers

Answer:

b.  Will stay employed during any chaotic changes in your industry

Explanation:

question:

Becoming future proof means ensuring that you _________.

a.

Dress in classic business attire, resistant to style trends

b.

Will stay employed during any chaotic changes in your industry

c.

Are proficient in at least two programming languages

d.

Wait for the newest technology trends to become popular before learning them

Answer:

i believe the answer your looking for is

b.

Will stay employed during any chaotic changes in your industry

Explanation:

the reason i think this is the answer is becuase i took an edgucated guess on the unit test review on edge 2020 and this was the same question and i picked b and i was correct

Last year, Aleshia identified $4,400 as a nonbusiness bad debt. In that tax year before considering the tax implications of the nonbusiness bad debt, Aleshia had $8,800 of taxable income, of which $3,080 consisted of short-term capital gains. This year, Aleshia collected $3,696 of the amount she had previously identified as a bad debt. Determine Aleshia's tax treatment of the $3,696 received in the current tax year.

Answers

Answer:

The amount of $3,696 would be involved in her gross wage

Explanation:

The computation of the tax treatment is as follows

Since in the question it is mentioned that the amount of $3,696 amount was collected that identified as a bad debt so the amount of $3,696 would be involved in her gross wage

Therefore the same is to be considered

And, the rest of the information i.e. given are to be ignored

The amount of the estimated average annual income for a proposed investment of $90,000 in a fixed asset, giving effect to depreciation (straight-line method), with a useful life of 4 years, no residual value, and an expected total income yield of $25,300, is

Answers

Answer: $6,325

Explanation:

Estimated average annual income = Total expected income/ Useful life of investment

= 25,300/ 4 years

= $6,325

Suppose that the country of Libraria made a concerted effort to increase the educational level of its people. If this effort had no effect on the wages of its workers, one might consider this as evidence in support of a. the human-capital view of education. b. the signaling view of education. c. both the human-capital and the signaling view of education. d. neither the human-capital nor the signaling view of education.

Answers

Answer:

If this effort had no effect on the wages of its workers, one might consider this as evidence in support of:

d. neither the human-capital nor the signaling view of education.

Explanation:

The human capital view of education argues that education increases workers' productivity, which also affects some increase in workers' wages.  The signaling view states that education passes a message about workers' various innate abilities to potential employers. This implies that the focus of the signaling view or theory is not the effect of education on the students but the message communicated in the labor market.

Rick O'Shea, the only employee of Hunter Furniture Company, makes $32,400 per year and is paid once a month. For the month of January, his federal income taxes withheld are $189, state income taxes withheld are $27, social security is 6.2% on a maximum wages of $122,700, Medicare tax is 1.45%, State Unemployment Tax is 5.4%, and Federal Unemployment tax is 0.6%, both on a maximum wages of $7,000 per employee. What is the employer's payroll tax expense associated with Rick's paycheck

Answers

Answer: $‭368.55‬

Explanation:

Employer payroll tax is;

= Social security + Medicare +  State Unemployment Tax + Federal Unemployment tax

Monthly salary = 32,400/12 = $2,700

= (6.2% * 2,700) + (1.45% * 2,700) + ( 5.4% * 2,700) + ( 0.6% * 2,700)

= $‭368.55‬

You are buying some television time and the station tells you they reach 87,000 people. They quote you $3 CPM (cost per thousand reached). How much will you have to pay for the time?
A) $261
B) $1,000
C) $3,000
D) $87

Answers

Answer:

A) $261

Explanation:

Costs per thousand, as the name suggests, is the cost for every 1000 viewers.

The determine the actual cost; the first step is to divide the total audience by 1000

=87,000/1000

=87

There are 87 sets of 1000 viewers. Each set is charged as $3. The total costs will be

=87 x $3

=$261

The specific identification method of costing inventories is used when the company sells large quantities of relatively low-cost homogeneous items. physical flow of units cannot be determined. company sells a limited quantity of high-unit cost items. company sells large quantities of relatively low-cost heterogeneous items.

Answers

Answer:

company sells a limited quantity of high-unit cost items.

Explanation:

A specific identification method can be defined as a method used for determining the ending inventories cost.

Basically, this type of method for costing inventories typically involves doing a well-detailed physical count of each goods bought on a specific date or a particular period of time, so as to determine the exact number of goods remaining by the end of the year's inventory. Therefore, each of the goods purchased are tagged with their unit price and any other additional charges.

Hence, the specific identification method of costing inventories is used when the company sells a limited quantity of high-unit cost items.

You have received a job offer upon graduation from a prestigious consulting firm. Before you receive your first paycheck, you have decided to purchase a $100,000 Porsche. The Eighth National Bank of Okemos is willing to give you a 5-year loan, but they require a 10% down payment, and the interest rate will be 10% annually. How much will your monthly payments be

Answers

Answer:

The monthly payments will be $1,912.23.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV at 65 = Present value of the balance of the Porsche = $100,000 * (100% - Percentage of down payment) = $100,000 * (100% - 10%) = $90,000

P = monthly payments = ?

r = Monthly interest rate = Annual interest rate / 12 = 10% / 12 = 0.10 / 12 = 0.00833333333333333

n = number of months = 5 years * 12 months = 60

Substitute the values into equation (1) and solve for P, we have:

$90,000 = P * ((1 - (1 / (1 + 0.00833333333333333))^60) / 0.00833333333333333)

$90,000 = P * 47.0653690237519

P = $90,000 / 47.0653690237519

P = $1,912.23

Therefore, the monthly payments will be $1,912.23.

Coronado Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $708,769. The purchase agreement specifies an immediate down payment of $172,000 and semiannual payments of $66,179 beginning at the end of 6 months for 5 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction

Answers

Answer: 8%

Explanation:

Fair value = $708,769

Down payment will be made so only the amount net of the down payment will be paid periodically.

= 708,769 - 172,000

= $‭536,769‬

Present value of Annuity interest factor for payment = 536,769/66,179

= 8.11087

No. of periods = 2 * 5years = 10 semi annums

Look at the Present value of interest factor of Annuity (PVIFA) table and find the interest rate that corresponds to 10 periods and gives an interest factor of 8.11087.

That interest rate is ⇒ 4%

As this is a semi-annual rate, the annual rate is;

= 4% * 2

= 8%

Supercircuits is a decentralized company and has a required opportunity cost of capital of 15%. The home computer division, whose current ROI IS 10%, is considering an investment which will earn 13% return. The gaming division, whose current ROI is 20%. Is considering an investment which will earn a 17% return. If the objective is to maximize residual income, each division will make the following choice:______. Computer Gaming A. Reject Accept B. Accept Reject C. Accept Accept D. Rejec Reject

Answers

Answer:

B. Accept Reject

Explanation:

As we can see that the home computer has the earning of 10% and its return on investment is increased to 13% so it is a better choice for division of home computer to accept the investment and the other division i.e. gaming division should reject the proposal as it is already earned the 20% and if it is accepted so it decreased the return on investment

Therefore the option B is correct

Stock P has a beta of 0.9. The risk-free rate of return is 8 percent, while the return on the market portfolio of assets is 14 percent. The stock's risk premium is ________.

Answers

Answer:

The appropriate solution is "13.4%". A further explanation is described below.

Explanation:

The given values are:

Return rate,

Rf = 8%

Market return,

Rm = 14%

beta,

= 0.9

Now,

The assets required rate will be:

= [tex]Rf + (Rm-Rf)\times beta[/tex]

On putting the given values, we get

= [tex]8 + (14-8)\times 0.9[/tex]

= [tex]8+6\times 0.9[/tex]

= [tex]8+5.4[/tex]

= [tex]13.4[/tex] (%)

Based on the information given the stock's risk premium is 6%.

Using this formula

Stock's risk premium = Return on the market - Risk free rate

Where:

Return on the market=14%

Risk free rate=8%

Let plug in the formula

Stock's risk premium = 14% - 8%

Stock's risk premium = 6%

Inconclusion the stock's risk premium is 6%.

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Describe how the business infrastructure should be designed so that employees will be able to continue to perform business functions in the event of a disaster (e.g., storm, hurricane, or earthquake) that destroys or makes it impossible to access the buildings.

Answers

Answer:

It should be switched to a fully digital firm which is also called as an e-business.

With the growth of technology ( Cloud Computing, Mobile Digital Platforms and Internet of things )

sometimes using Information Systems, and Information Technology can make the company get higher revenue. but other times not because it needs to achieve these in order to use Information Systems:

choose the right business model.choose the right software for the business.invest in the complementary assets ( organizational and managerial capital )

i don't know if that answers your question or not but i hope it does help you. have a good day and a lovely year.

On December 31, there were 28 units in ending inventory. These 28 units consisted of 2 from the January 10 purchase, 3 from the March 15 purchase, 4 from the April 25 purchase, 11 from the July 30 purchase, and 8 from the October 10 purchase. g

Answers

Answer:

The cost of ending inventory is $12,360

Explanation:

In the specific Identity method, the items are values by identifying each unit and its relevant cost.

As per the given data

28 units of Ending inventory comprised of

2 from the January 10 purchase

3 from the March 15 purchase

4 from the April 25 purchase

11 from the July 30 purchase, and

8 from the October 10 purchase

The ending Inventory will be valued as follow

Ending Inventory = ( 2 units x $360 ) + ( 3 units x $390 ) + ( 4 units x $420 ) + ( 11 units x $450 ) + ( 8 units x $480 ) = $720 + $1,170 + $1,680 + $4,950 + $3,840 = $12,360  

Those advisers who immediately surround the president and advise the Chief Executive on how to act and what to say are referred to as the:______

a. Managerial Unit
b. Executive Core
c. Oval Office Team
d. White House Staff

Answers

Answer: d. White House Staff

Explanation:

The White House staff comprises of some of the closest advisors to the President including the Chief of Staff, the deputy chiefs of staff and the Counselor to the President.

These people are integral to the administration of the President because by working in the White House, they are immediately around the Chief Executive and have the opportunity to advice the President on the varied issues which they specialize in.

The advisors are termed as the person who provides suggestions for the right and wrong of the person. The chief executive is termed as the person who implies the plans to the development of the economy and brings the result from the plans.

The correct answer is d. White House Staff

The White House staff is comprised of the closest advisors to the President and also includes the Chief of Staff, the deputy chiefs of staff, and the Counselor to the President.

These people are important to the President's administration because, by working at the Governor's Mansion, individuals get instantly exposed towards the President and have the chance to advise him on the many areas in which they concentrate.

To know more about the advisors and the chief executive, refer to the above link:

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College football coaching requires that coaches design every facet of practices, set goals for their players, determine schedules, and even direct all of the plays during the games. College football coaching uses ____ type of managing.A. AchievementbConsideration
B. Background image
C. Charismad.D. Empathy.

Answers

Answer: d.  initiating structure

Explanation:

An Initiating structure management style is one in which the leader is very involved in the activities of the subordinates. They organize tasks, initiate group action and define the team's goals and roles.

This is what happens in collage football. The coach designs everything even on the pitch during games. They are therefore using an initiating structure management style.

What is the form of payment, form of acquisition, acquisition vehicle, and post-closing organization?

Answers

Answer:

Check explanation section.

Explanation:

In order to be able to understand and to solve this problem efficiently one must read the case study which is in the Question's comment section.

So, from the case study it can be shown that in order to make sure that there is increament in equity, the kind of financing that took place is through Borrowing. Hence, the form of payment is through BORROWING.

In order to buy, it has to be done via or through what is called merger or say corporate merger. The form of acquisition is through MERGING.

The post closing organization in the case study is HEINZ. The acquisition vehicle is the fact that something was bought from the Hawks.

In the management assistance area, the Small Business Administration (SBA) provides all of the following EXCEPT: Group of answer choices free college credit courses in management toll-free advice numbers training and educational programs counseling by business development officers free publications on business topics

Answers

Answer: Free college credit courses in management

Explanation:

The Small Business Administration (SBA) is a Federal government agency that aims to help small businesses and entrepreneurs by providing them with resources to make them grow.

They have toll-free phone numbers that entrepreneurs and small businesses can call for advice, they have trading training programs and business development offices who offer advice and counsel on business techniques and they even free publications on business topics.

They do not however offer free college credit courses in management.

You are the manager of a bank. You need to decide whether to approve a 10-year loan application from a 25 year old student to finance her MBA. The loan will yield a loss of $250 per year to the bank for the duration of the loan. After 10 years, the student will likely buy other products and therefore she will yield a profit of $500 per year until she is 65. After age 65, she will yield a profit of $1,000 per year until she is 85, when she will stop being a customer. The likelihood that she stops being a customer after she repays her MBA loan is 2% each year. The discount rate that the bank uses is 7% per year.
Would you approve the loan? Please explain with numerical support.

Answers

Answer and Explanation:

The computation is shown below:

Present value of loss  because of giving the loan to her is

= PVAF (7%, 10 years) × $250

= 7.02358 × $250

= $1,755.9

Now

The Present value of gain after repayment of the loan is

Till age of 65

($500, age 35 years to 65 years i.e. 30 years) is

=  [PVAF (7%, 40 years) - PVAF (7%, 10 years)] × 0.98 (probability of failure) × $500

= (13.3317 - 7.02358) × 0.98 × $500

= $3,090.98 (A)

Till age of 85

($1000, age 65 years to 85 years i.e. 20 years)

=  [PVAF (7%, 60 years) - PVAF (7%, 40 years)] × 0.98 (probability of failure) × $1,000

= (14.03918 - 13.3317) × 0.98 × $1,000

= $693.33 (B)

Now

Expected inflow from the student post repayment of the loan is

= (A) + (B)

= $3,784.31

Now expected net gain is

= $3,784.31 - $1,755.9

= $2,028.41

Here we exclude the period from 25 to 35 years and at later from 25 years to 65 years

A company estimates that overhead costs for the next year will be $8,500,000 for indirect labor and $164,500 for factory utilities. The company uses machine hours as its overhead allocation base. If 490,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.)

Answers

Answer:

$17.68 per machine hour.

Explanation:

Plant Overhead rate per machine hour = $8,500,000 + $164,500 / 490,000 machine hours

Plant Overhead rate per machine hour = $8,664,500 / 490,000 machine hours

Plant Overhead rate per machine hour = $17.68265306122449

Plant Overhead rate per machine hour = $17.68 per machine hour.

assume the following the standard price per pound is 2.00 the standard quantity of pounds allowed per unit of finished goods is 4 pounds the actual quantity of materials purchased and used in production is 50000 pounds the company produced 13000 units of finished goods during the period the actual price per pound of direct materials is closest to

Answers

Answer: $2.28

Explanation:

Based on the information given, the actual price per pound of direct materials will be calculated as:

Material Price Variance = (14000)

Since material price valriance is the actual price deducted from the standard price for actual quantity that was used during production process. This will be:

(14000) = [(2 × 50000)] - [Actual Price × 50000]

(14000) = (100000) - (actual price × 50000)

(Actual Price × 50000) = 100000 + 14000

Actual Price × 50000) = 114000

Actual Price = 114000 / 50000

Actual price = 2.28

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