6. What would the profit be if Price is $100, Total fixed costs are $25000, a...
6. What would the profit be if Price is $100, Total fixed costs are $25000, a capital expense on a car is incurred and it is expected to last for 5 years, average variable costs are $60, and sales are 500 units
Homework Answers
| Sales (500*100) | $50000 |
| Less: variable cost (500*60) | 30000 |
| Contribution margin | $20000 |
| Less: Fixed cost (25000/5) | 5000 |
| Profit | $15000 |
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3.) What will be the impact on profit if Kimble drops chairs,
but is able to shift the facilities to making more sofas so that
volume of sofas increases to 7,000 units? (total fixed costs remain
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company now buys outside. The company could make the parts at a...
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2.) What will be the impact on profit if Kimble drops sofas?
3.) What will be the impact on profit if Kimble drops chairs,
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4.) Variable cost per sofa includes $60 for parts that the
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