Tom's Sports Wear is a retailer of sports hats located in Atlanta, Georgia. Although Tom's carries numerous styles of sports hats, each hat has approximately the same price and invoice purchase cost, as shown below. Sales personnel receive large commissions to encourage them to be more aggressive in their sales efforts. Currently the economy of Atlanta is really humming, and sales growth at Tom's has been great. However, the business is very competitive, and Tom has relied on its knowledgeable and courteous staff to attract and retain customers, who otherwise might go to other sports wear stores. Also, because of the rapid growth in sales, Tom is finding it more difficult to manage certain aspects of the business, such as restocking of inventory and hiring and training new salespeople.

Sales price $ 31.00
Per-unit variable costs:
Invoice cost 17.05
Sales commissions 4.05
Total per-unit variable costs $ 21.10
Total annual fixed costs:
Advertising $ 23,100
Rent 28,200
Salaries 124,200
Total fixed costs $ 175,500

The annual breakeven point in unit sales is calculated to be:

Answers

Answer 1

The annual breakeven point is $550157

Given that the Sales price is $ 31.00, Per-unit variable costs: Invoice cost is 17.05, Sales commissions is 4.05, Total per-unit variable costs is $ 21.10, Total annual fixed costs: Advertising is $ 23,100, Rent is 28,200, Salaries is 124,200 and Total fixed costs is $ 175,500.

The break-even point is your total fixed cost divided by the difference between the unit price and the variable cost per unit.

The sales price is $31 and the total variable cost is $21.10.

Now, we will find the Contribution margin by subtracting the Total variable cost from the sales price, we get

Contribution margin= Sales price-Total sales price

Contribution margin=31-21.10

Contribution margin=9.9

Further, we will find the contribution margin ratio by dividing the contribution margin by Sales price, we get

contribution margin ratio=contribution margin/Sales price

contribution margin ratio=9.9/31

contribution margin ratio=0.319

contribution margin ratio=31.9%

Furthermore, we will find the break-even point, we get

Break-even point=Fixed cost/contribution margin

Break-even point=175500/9.9

Break-even point=17727.27

Now, we will find the break-even sales in dollars, we get

Break-even sales=Fixed cost/contribution margin ratio

Break-even sales=(175500/31.9)×100

Break-even sales=550157

Hence, the annual breakeven point in unit sales is calculated to be $550157.

Learn more about the break-even point from here brainly.com/question/10573173.

#SPJ1


Related Questions

A gym teacher placed golf balls into 9
buckets so that each bucket had at least 15
balls. How many total golf balls are there?

Answers

Answer:

135

Step-by-step explanation:

9 x 15 = 135

The total number of the golf ball in all buckets is 135 balls using multiply system

Multiply based problem:

What information do we have?

Number of buckets = 9

Number of golf ball in each bucket = 15

Total number of golf ball in all buckets = Number of buckets × Number of golf ball in each bucket

Total number of golf ball in all buckets = 9 × 15

Total number of golf ball in all buckets = 135 balls

Find out more information about 'Number of ball'.

https://brainly.com/question/9015557?referrer=searchResults

Help needed with this

Answers

Answer:

Choice 3 is not a function.

For a set of coordinates to be a function, there must be exactly one y-value for every x-value.

For choice 3, we see that the x-coordinate of "1" has two y-values, 3, and 7.

This means, that choice 3 is NOT a function.

Let me know if this helps!

answer asap please!!

Answers

Answer:

61.6 units

Step-by-step explanation:

C (-8,-10)

D (8,10)

E (-8,10)

find the distance between the following points

CD = 25.6

DE = 16

EC = 20

Add them all up

61.6 units

Find the perimeter, in inches, of the parallelogram

Answers

perimeter of a parallelogram

= 2(l + b)

= 2(8 inches + 6 inches)

= 2(14 inches)

= 28 inches

28 inches

Step-by-step explanation:

length = 8 inches breadth = 6 inchesperimeter of parallelogram = 2 ( length + breadth )= 2( 8 + 6 )= 2 ×14= 28 inches

MARK ME AS BRAINLIST

Which statement is true about compound interest?

The interest is figured on the principal only.
The amount in the account grows slower than with simple interest of the same rate.
The interest can be compounded over different time intervals.
The interest in most banks is not calculated using compound interest.

Answers

THE LAST OME IS CORRECT !!!

Compound interest is  the interest calculated using the principal and the interest over a period of time.

The statements that are true about compound interest are:

The interest can be compounded over different time intervals.

The interest in most banks is not calculated using compound interest.

What is compound interest?

It is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

A = P [tex](1 + rn)^{nt}[/tex]

P = principal

r = rate

t = time in years

n = number of times compounded in a year.

We have,

The interest is figured on the principal only.

This is not true because we calculate the compound interest on the interest as well.

The amount in the account grows slower than with simple interest of the same rate.

This is not true because we are calculating the interest on the principal and interest together.

The amount with compound interest will be more than the amount with simple interest.

The interest can be compounded over different time intervals.

This is true because we can have different time intervals such as,

monthly compounded, quarterly compounded, bimonthly compounded, and yearly compounded.

The interest in most banks is not calculated using compound interest.

This is true because banks don't calculate using compound interest.

Thus,

The statements that are true about compound interest are:

The interest can be compounded over different time intervals.

The interest in most banks is not calculated using compound interest.

Learn more about compound interest here:

https://brainly.com/question/13155407

#SPJ2

Find the slope of the line that passes through (1, 14) and (4,10),
Simplify your answer and write it as a proper fraction, improper fraction, or integer,

Answers

the slope is -4/3. 14-10=4, 1-4=-3

Answer: the slope is -4/3

Step-by-step explanation:

What type of number is 2?
Choose all answers that apply:
A
Whole number
B
Integer
C
Rational
D
Irrational

Answers

The answer Whole number

The cost, in dollars, to produce x vats of ice cream is C ( x ) = 4 x + 4 . When selling them to ice cream shops, the price-demand function, in dollars per vat, is p ( x ) = 88 − 3 x. Find the profit function p(x). How many vats of ice cream need to be sold to maximize the profit? Find the maximum profit. Find the price to charge per vat to maximize profit

Answers

Answer:

92-7x

Step-by-step explanation:

88-3x-4x+4=92-7x

Ally bought 5 different cakes for her birthday. His friends ate 3 1/4 of the amount of cake. Then he gave 1/2 of the cake to his grandmother. How much cake does Ally have left?

Answers

Answer:

7/8 of a cake

Step-by-step explanation:

4 4/4 - 3 1/4 = 1 3/4

7/4 x 1/2 = 7/8

Classify each special right triangle in the length ratio of (Side1 : Side2 : hypotenuse)

Answers

Answer: i added a pic of the answers

Step-by-step explanation:

which integer is 3 less than 7

Answers

Answer:

b

Step-by-step explanation:

Components used in a cellular telephone are manufactured with nominal dimension of .3 mm and lower and upper specification limits of .295 mm and .305 mm respectively. the x bar and R control charts for this process are based on subgroups of size 3 and they exhibit statistical control, with the center line on the x bar chart at .3015 mm and the center line of the R chart at .00154 mm.
a) Estimate the mean and standard deviation of this process.
b) Suppose that parts below the LSL can be reworked, but parts above the USL must be scrapped. Estimate the proportion of scrap and rework produced by this process.
c) Suppose that the mean of this process can be reset by fairly simple adjustments. What value of the process mean would you recommend? Estimate the proportion of scrap and rework produced by the process at this new mean.

Answers

Answer:

Kindly check explanation

Step-by-step explanation:

Xbar = 0.3015 ; Rbar = 0.00154

USL = 0.295 ; LSL = 0.305

For a subgroup size of 3 ; k = 3 ; d2 = 1.693

The mean = xbar = 0.3015 mm

The standard deviation = Rbar / d2 = 0.00154 / 1.693 = 0.0009096

b) Suppose that parts below the LSL can be reworked, but parts above the USL must be scrapped. Estimate the proportion of scrap and rework produced by this process.

P(X < 0.295)

(x - mean) / standard deviation

(0.295 - 0.3015) / 0.0009096 = 0.00003

0.00003 should be reworked.

P(X > 0.305)

1 - P(X < 0.305)

(x - mean) / standard deviation

(0.305 - 0.3015) / 0.0009096 = 3.847

1 - P(Z < 3.847)

1 - 0.99994

= 0.00006

0.00006 should be reworked.

c) Suppose that the mean of this process can be reset by fairly simple adjustments. What value of the process mean would you recommend? Estimate the proportion of scrap and rework produced by the process at this new mean.

Recommended mean = 0.3000 mm

P(X < 0.295)

(x - mean) / standard deviation

(0.295 - 0.3000) / 0.0009096 = 0.00003

0.00003 should be reworked.

P(X > 0.305)

1 - P(X < 0.305)

(x - mean) / standard deviation

(0.305 - 0.3000) / 0.0009096 = 5.497

1 - P(Z < 5.497)

1 - 0.99997

= 0.00003

0.00003 should be reworked.

solve

1. 1/3n=4
what is n?

Answers

See the photo attached below

2/4 - 1/4 please hep i know im not that good
for asking this

Answers

Since they have equal bases you can subtract it like a regular number. 2-1 equals 1 so the answer would be 1/4

Jefferson’s class was studying sunflowers. They learned that sunflowers are able to make their own food. Which parts of a sunflower collect most of the sunlight needed to make food?

Answers

The leaf is the part of the sunflower that collects the most sunlight needed to make food.

math help pls tsnsnnsnsshs

Answers

Answer:

68°

Step-by-step explanation:

90°(right angle)-22°(angle 5 measurement) = 68°

Is borrowing money a

Delegated power
Reserved power
Concurrent power

Answers

I believe that it is a concurrent power

Answer:

C. concurrent power

Step-by-step explanation:

Such powers are called concurrent powers. These include the power to tax, spend, and borrow money. State governments operate their own judicial systems, charter corporations, provide public education, and regulate property rights.

A production facility employs 10 workers on the day shift, 8 workers on the swing shift, and 6 workers on the graveyard shift. A quality control consultant is to select 3 of these workers for in-depth interviews. Suppose the selection is made in such a way that any particular group of 3 workers has the same chance of being selected as does any other group (drawing 3 slips without replacement from among 24).

Required:
a. How many selections result in all 5 workers coming from the day shift?
b. What is the probability that all 5 selected workers will be from the day shift?
c. What is the probability that all 5 selected workers will be from the same shift?
d. What is the probability that at least two different shifts will be represented among the selected workers?
e. What is the probability that at least one of the shifts will be unrepresented in the sample of workers?

Answers

Answer:

252 ; 0.00593 ; 0.0074 ; 0.9926 ; 0.347

Step-by-step explanation:

A.)

n = 10 ; r = 5

Required outcome :

nCr = n! ÷ (n-r)!r!

10C5 = 10! ÷ (10-5)!5!

(10*9*8*7*6) / (5*4*3*2*1)

= 252

B.)

Total possible outcome : 24C5 = 42504

P(all will be from day shift) = 252 / (24C5) = 0.00593

C.)

P(all will be from the same shift) :

[(10C5)+(8C5)+(6C5)] ÷ 24C5

(252 + 56 + 6) / 42504 = 0.0074

D.)

Probability that at least 2 different shift will be represented :

1 - P(all will be from the same shift)

1 - 0.0074 = 0.9926

D.)

Probability that atleast one of the shift will be unrepresented :

(10+6C5) + (8+6C5) + (10+8C5) - (10C5)+(8C5)+(6C5)

[16C5 + 14C5 + 18C5 - 10C5 + 8C5 + 6C5] ÷ 24C5

(4368 + 2002 + 8568 - 252 + 56 + 6) / 42504

= 14748 / 42504

= 0.347

Eight randomly selected customers at a local grocery store spent the following amounts on groceries in a single visit: $216, $184, $35, $92, $142, $175, $9, and $57. Let yi denote the amount spent on groceries by a single customer in a single visit. Find the following (give the answers without commas):

a. ∑y
b. (∑y)^2
c. ∑y^2

Answers

Answer:

a) 910

b) 828100

c) 144320

Step-by-step explanation:

a. ∑y

This is the sum of all values of y. So

[tex]\sum y = 216 + 184 + 35 + 92 + 142 + 175 + 9 + 57 = 910[/tex]

b. (∑y)^2

This is the square of the sum, so the square of 910, that we found in the previous item.

910² = 828100

c. ∑y^2

This is the sum of the squares of each amount spent. So

[tex]\sum y^2 = 216^2 + 184^2 + 35^2 + 92^2 + 142^2 + 175^2 + 9^2 + 57^2 = 144320[/tex]

What is the area of a rectangle
7 inches long and 3 inches wide?

Answers

Answer:

21

Step-by-step explanation:

you do 7x3

1. Socks are on sale at 10% discount. What is the sale price of a pair of socks originally
marked #125.00?​

Answers

Answer:

10/100 = x/125

1250 = 100x

1250/100 = 100x/100

12.5 = x

125 - 12.5 = 112.5

the sale price is $112.5

1. The temperature of a body rises from -6°c to 5°c. By how much degrees does it rises?

Answers

It rises 11 degrees

Step by step explanation

Business Maths
1703
The following problems were in your worksheet on direct and inverse proportion. Reformulate the
relationships as algebraic expressions and remember to define the variables you use. You do not
have to solve the expressions.
5. The students in class usually drink a lot of water to help with their studies. I have found that
with five students in the class at least 30 litres of water is needed. How much water will be
needed when there are 30 students in the class?​

Answers

Answer:

30/5=6

6*30=180

So 180 litres

what is loss and profit

Answers

Loss is when you lose something and profit is when you gain off of it.

Answer:

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. These records provide information about a company's ability or inability to generate profit by increasing revenue, reducing costs, or both.

Step-by-step explanation:

Calculating Profit and Loss. The actual calculation of profit and loss in a position is quite straightforward. To calculate the P&L of a position, what you need is the position size and the number of pips the price has moved. The actual profit or loss will be equal to the position size multiplied by the pip movement.

colin did the work to see if 10 is a solution to the equatio

Answers

Um okay good to know

T varies directly as the square of P and inversely as Z and T=12 when P=3 and Z=6

5. Using k as the constant of variation, which of the following is the equation of variation?
A. T=
\frac{kp {}^{2} }{z}
z
kp
2



B. T=
kpz {}^{2}kpz
2

C. T=
\frac{kz}{p {}^{2} }
p
2

kz


D. T=
\frac{pz {}^{2} }{k}
k
pz
2




6. Which of the following is the value of the variation constant:
A. 6
B. 8
C. 10
D. 12

7. Which of the following is twice the value of T when P=9 and Z=6?
A. 108
B. 216
C. 54
D. 36

Answers

Answer:

A. [tex] T= \frac{KP^2}{Z}[/tex]

D. K = 8

B. 216

Step-by-step explanation:

Q. T varies directly as the square of P and inversely as Z and T=12 when P=3 and Z=6

Solution:

According to the given information:

T varies directly as the square of P.

[tex] T\alpha P^2..... (1)[/tex]

T varies inversely as Z.

[tex] T\alpha \frac{1}{Z} ..... (2)[/tex]

Combining equations (1) & (2)

[tex] T\alpha \frac{P^2}{Z}[/tex]

[tex] T= \frac{KP^2}{Z}[/tex]

(Where K is proportionality constant)

(This is the equation of variation)

Plug T=12, P=3 and Z=6 in the above equation of variation, we find:

[tex] 12= \frac{K(3)^2}{6}[/tex]

[tex] 12= \frac{K\times 9}{6}[/tex]

[tex] K= \frac{12\times 6}{9}[/tex]

[tex] K= \frac{72}{9}[/tex]

[tex] K= 8[/tex]

So, the value of the variation constant = 8

Next, plug P=9, Z=6 and K = 8 in the above equation of variation, we find:

[tex] T= \frac{8(9)^2}{6}[/tex]

[tex] T= \frac{8\times 81}{6}[/tex]

[tex] T= \frac{648}{6}[/tex]

[tex] T= 108[/tex]

[tex] 2T= 2\times 108[/tex]

[tex] 2T= 216[/tex]

So, 216 is twice the value of T.

Evaluate using logarithm table, log (0.65)

Answers

The answer is -0.18708664335

Pl help it’s for a grade

Answers

Answer:

c

Step-by-step explanation:

What are three fractions that are equivalent to 1.

Answers

2/2 , 3/3 , 4/4 ( anything over its self)

D'Andre earns some money by helping people with their yards. It takes him an average of 2 hours to weed a flowerbed and an average of 1.5 hours to mow and edge a lawn. He can work no more than 6 hours a day. He charges $60 to weed a flowerbed and $75 to mow and edge a lawn. He needs to cover his expenses of $150 to make a profit. Write a system of inequalities that would help determine how many flowerbeds and lawns he could complete on a given day.
______________________________
plz help its due like rn so I'll give brainliest ​

Answers

Answer:

3 flowerbeds and 5 lawns.

Step-by-step explanation:

I promise.

Other Questions
Indicate the point where a monopoly will set its price. Please Help!!!Select ALL of the stories below that can be classified as an epic.a) Arthur Becomes King of Britain from The Once and Future King by T.H. Whiteb) Damon and Pythias by: William F. Russelc) Excerpts from Sundiata by D.T. Nianed) From Morte dArthur by Thomas Malory The teacher of a seventh-grade class flipped a coin 100 times. The students recorded the results in the table shown below: Side of Coin Landed On Heads Tails Number of Flips 54 46 Which of the following best describes the experimental probability of getting tails? (1 point) A friend says that all bacteria are harmful to people list three reasons this statement is incorrect. what different forms of energy are demonstrated by tv remote, flashlight, string lol ights, clock, and Toys Write an equation of the line that passes through (2, 1) and is parallel to the line y=2x+7. HELPPP Which of the following is the best example of the president acting as chief diplomat?The president hosts a dinner at the White House and invites the leaders of several nations toattend.The president sends drones to attack a terrorist camp.The president meets with officials to discuss where to cut back on federal spending.The president signs a treaty. Solve for x in the following equation.6x=72 X=? Judging from both the chart and the photo, how can you use this document to argue that building the Great Wall was worth the cost? on squared paper draw the triangle with vertices at (1,1) , (5,3) , (3,5). find the area of the triangle What is the exact circumference of the circle? 27 cm47 cm8 cm167 cm a moving box in the shape of a right rectangular prism has a base area of 5 5/8 ft and a height of 3 1/5 ft what is the volume of the moving box 13x-5 Ugh help please hey guys im not begging for help here but ive been stuck for 10 minutes and my time is running out! If mD=104, what is mD'? Prices of plants: $10, $8, $20, $25, $14, $98, $11, $9, $8, $6Which measure of center best represent the data? A. mean B. median C. mode D. range Why was olive oil a valuable trade item for the Greeks? A.It was easy to transport.B.It was not produced in many other places.C.It was considered sacred in Middle Eastern cultures.D.It was prized by royalty. Avery is buying string and beads to make bracelets for her family and friends. She plans to divide the string into 9-inch pieces to make at least 27 bracelets. What is the minimum amount of string she needs to buy? Which term has the definition "The value that describes the location of a digit within a number, suchas units, tens, hundreds, etc."?O Repeating DecimalO Rational NumberO Terminating DecimalO Place Value If one of the cars began with 5.6 liters of gasoline and oxygen, how much water and carbon dioxide do you think would be produced from that gasoline and oxygen?