Customers-R-Us, LLC had sales and costs as shown below in 2013. All data that is
ID: 2623665 • Letter: C
Question
Customers-R-Us, LLC had sales and costs as shown below in 2013. All data that is be considered is listed. a What was the profit in 2013 b What is the break even quantity? c If the price, fixed cost and the variable cost per unit stay the same as in 2013, what will the quantity sold have to be to increase profits to $1 million in the coming year? d If the sales quantity is 40,000, and fixed and variable costs stay the same as in 2013, what would the unit price need to be to attain profits of $250,000 in the coming year? 2013 Sold units 30,000 Unit Price $20.00 Material Cost each $1.75 Labor cost each $4.25 Total Annual Fixed Cost $500,000 Customers-R-Us, LLC had sales and costs as shown below in 2013. All data that is be considered is listed. a What was the profit in 2013 b What is the break even quantity? c If the price, fixed cost and the variable cost per unit stay the same as in 2013, what will the quantity sold have to be to increase profits to $1 million in the coming year? d If the sales quantity is 40,000, and fixed and variable costs stay the same as in 2013, what would the unit price need to be to attain profits of $250,000 in the coming year? 2013 Sold units 30,000 Unit Price $20.00 Material Cost each $1.75 Labor cost each $4.25 Total Annual Fixed Cost $500,000Explanation / Answer
a)Profit in 2013 = (Unit price
a)Profit in 2013 = (Unit price
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