You are going to open a business making custom cabinets You can sell to minutes for $80 It takes a cabinetmakers approximately 45 minutes to make one cabinet Each cabinetmaker works an 8hour day
You are going to open a business making custom cabinets You can sell to minutes for $80. It takes a cabinetmakers approximately 45 minutes to make one cabinet. Each cabinetmaker works an 8-hour day earning $18 per cabinets per hour Each cabinet uses $25 in raw You usually produce cabinets 20 days a month and can employ two cabinetmakers. you estimate that your fixed costs are $5,000 per month. What is your contribution margin? How many cabinets must you make each month to break even What is your total monthly revenue if you want to earn a $82,000 profit?
Apr 05 2020 View more View Less
Answer (Solved)
Subscribe To Get Solution
Related Questions
-
Presented below is information related to Morrow Manufacturing Corporation. Asset Cost Estimated Salvage Estimated Life (in years) A $59,535 $8,085 10 B 49,392 7,056 9 C 52,920 5,292 8 D 27,930 2,205
Presented below is information related to Morrow Manufacturing Corporation.
Asset Cost Estimated Salvage Estimated Life (in years)
A $59,535 $8,085 10
B 49,392 7,056...
Aug 13 2021
-
Proration of overhead The Ride-On-Wave Company ROW produces a line of non-motorized boats. ROW uses a normal-costing system and allocates manufacturing overhead using direct manufacturing labor
Proration of overhead. The Ride-On-Wave Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing system and allocates manufacturing overhead using ...
Jul 19 2020
-
Question 3: (0.5x8 = 4 Marks) From your understanding of Porter's Competitive Forces complete the following table for McDonald's indicating the level of influence cach force has and mention one factor
Question 3: (0.5x8 = 4 Marks) From your understanding of Porter's Competitive Forces complete the following table for McDonald's indicating the level of influence cach fo...
Apr 23 2021
-
Virginia College promotes a wide variety of executive training courses for firms in the...
Virginia College promotes a wide variety of executive training courses for firms in the Arlington, Virginia, region. Director Wendy Tate believes that individually writte...
Jul 30 2020
-
The manager of a national retailing outlet recently hired an economist to estimate the firm's production function Based on the economist's report the manager now knows that the
The manager of a national retailing outlet recently hired an economist to estimate the firm's production function. Based on the economist's report, the manager now knows ...
Jun 04 2020
-
Analyzing the Graph of a Function In Exercises 37-44, analyze and sketch a graph of the function over the given interval. Label any intercepts, relative extrema, points of inflection, and asymptotes.
Analyzing the Graph of a FunctionIn Exercises 37-44, analyze and sketch a graph of the function over the given interval. Label any intercepts, relative extrema, points of...
Jul 27 2021
-
Running head: SUPPLY CHAIN MANAGEMENT 1 Memo for Effective supply chain management Tierre
Repurposed assignment; need "OV" score below 25% Originality Verification .
Unit 2 - Individual Project Collapse Assignment Overview & "Go To" LinksAssignment OverviewTh...
Nov 09 2017
-
The direct materials budget is prepared using information from the cash budget. True or False?
The direct materials budget is prepared using information from the cash budget. True or False?
Jun 09 2021
-
Snug Harbor Realty Co. had a checking account in First National Bank. When construction work was obtained by Snug Harbor, its superintendent, Magee, would examine the bills submitted for labor
Snug Harbor Realty Co. had a checking account in First National Bank. When construction work was obtained by Snug Harbor, its superintendent, Magee, would examine the bil...
Aug 13 2021
-
How is an alternative tax net operation loss deduction (ATNOLD) determined? A) By using regular taxable income. B)By using regular taxable income reduced by AMT income. C)By using AMT income reduce
How is an alternative tax net operation loss deduction (ATNOLD) determined?A) By using regular taxable income.B)By using regular taxable income reduced by AMT income.C)By...
Jul 28 2021