Question Details

(Solved) Please answer #9 3.The Rolling Creek Textile Mill produces denim. The fixed monthly cost is $21,000 and the variable cost per yard of denim is $0....


Please answer #9


3…The Rolling Creek Textile Mill produces denim. The fixed monthly cost is $21,000 and the variable cost per yard of denim is $0.45. The mill sells a yard of denim for $1.30

a… For a monthly volume of 18,000 yards of denim, determine the total cost, total revenue and profit

A5 x 18,000 + 21,000 for total cost of 29,100

Revenue: 1.30 x 18,000 = 23,400

Total profit: 23,400 – 29,100 = -5,700 loss NOT profit for the 18,000 yards

b…Determine the monthly (NOTE ERROR IN BOOK – ITS STATES ANNUAL) break-even volume for the Rolling Creek Textile Mill.

 V=1.2%



9.  If the maximum operating capacity of the Rolling Creek Textile Mill described in problem 3 is 25,000 yards of denim per month, determine the break-even volume as a percentage of capacity. (HINT: Break-even volume as percentage of capacity = v/k).

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 05, 2019

PRICE: $15

Solution~000200187253.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 05, 2019

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now