Question

A florist prepares standard bouquets of flowers. He has to rent a store which costs him...

A florist prepares standard bouquets of flowers.

He has to rent a store which costs him 1,675 SAR per month.

The flowers and other equipments used in each bouquet cost 15 SAR. The bouquets selling price is 30 per unit.

How many bouquets must be sold per month to breakeven point? (round the answer to the nearest integer)

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Breakeven analysis   Barry Carter is considering opening a​ used-book store. He wants to estimate the number...
Breakeven analysis   Barry Carter is considering opening a​ used-book store. He wants to estimate the number of books he must sell to break even. The books will be sold for $ 13.81 ​each, variable operating costs are $ 10.09 per​ book, and annual fixed operating costs are $ 72 comma 600. a. Find the operating breakeven point in number of books. b. Calculate the total operating costs at the breakeven volume found in part ​(a​). c. If Barry estimates that...
Carol O’Connon has recently left her job as a florist at a grocery store chain to...
Carol O’Connon has recently left her job as a florist at a grocery store chain to start her own business, Carol’s Floral Delivery. She is trying to determine her break-even point. She plans to sells two types of flower arrangements. Based on her research, she is projecting the sales mix to be 60% basic flower arrangements and 40% deluxe flower arrangements. Basic arrangements have a variable cost per unit of $11.4 and a selling price of $25.08. Deluxe arrangements have...
Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $780....
Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $780. He pays a sales commission of 15% of sales revenue to his sales staff. Stanley pays $1600 a month rent for his store, and also pays $5000 a month to his staff in addition to the commissions. Stanley sold 140 bicycles in June. If Stanley prepares a contribution margin income statement for the month of June, what would be his operating income? $2220 $100,380...
Gorilla Sdn Bhd manufactures a single product for which the following has been compiled: Selling price...
Gorilla Sdn Bhd manufactures a single product for which the following has been compiled: Selling price per unit RM50 Variable cost RM30 Fixed cost RM50,000 Required: a) Calculate contribution margin per unit and ratio.                                                       b) Calculate breakeven point in unit and RM.                                                              c) If unit sold is 3,000, calculate the profit earnied by the company.                          d) If the target profit is RM20,000 how many unit must be sold?                                (Total: 15 Marks)
Gina owns G’s Clay Pots, a manufacturer of clay planting pots of all different sizes. Gina...
Gina owns G’s Clay Pots, a manufacturer of clay planting pots of all different sizes. Gina is considering manufacturing a new product line: ceramic pots. He collects the following estimates for each ceramic pot: Sales price per pot = $28 Direct materials cost per pot = $5 Direct labor cost per pot = $3 Variable utilities costs per pot = $2 In addition to the costs above, Gina must develop a new production line for the ceramic pots. She can...
Emma owns an Internet business where she sells weatherproof car floor mats. Her monthly fixed costs...
Emma owns an Internet business where she sells weatherproof car floor mats. Her monthly fixed costs are $40,000. The average price per unit is $25 and the average variable cost per unit is $15. What is her break-even point? Remember that your answer will be in “units,” not “dollars,” as you are finding the number of items that need to be sold in order to break even. Andrew rents rooms in his hotel for an average of $92 per night....
Hacker Golf has developed a unique swing trainer golf club.  They currently pay a production company to...
Hacker Golf has developed a unique swing trainer golf club.  They currently pay a production company to produce the golf club for them at a cost of $22 each.  Other variable costs total $6 per golf club, and fixed expenses are $192,000. Hacker Golf currently sells the trainer golf club for $48.  NOTE:  Solve each requirement as a separate situation and  always go back to original data unless otherwise directed. Round all answers to nearest unit or nearest cent. A. Calculate Hacker’s annual breakeven point...
4. A company that makes optical computer input devices has calculated their revenue and costs as...
4. A company that makes optical computer input devices has calculated their revenue and costs as follows for the most recent fiscal period: Sales ​$522 000 Costs: ​Fixed Costs​ $145 000 ​Variable Costs ​208 800 Total Costs ​353 800 Net Income ​$168 200 ​What is the break-even point in sales dollars? 5. A company that makes environmental measuring devices has calculated their revenue and costs as follows for the most recent fiscal period: Sales ​$750 000 Costs: ​Fixed Costs​ $200...
In CVP analysis, the unit contribution margin is: Sales price per unit less cost of goods...
In CVP analysis, the unit contribution margin is: Sales price per unit less cost of goods sold per unit Sales price per unit less FC per unit Sales price per unit less total VC per unit Same as the CM Maroon Company’s CM ratio of 24%.  Total FC are $84,000.  What is Maroon’s B/E point in sales dollars? $20,160 $110,536 $240,000 $350,000       If a firm’s forecasted sales are $250,000 and its B/E sales are $190,000, the margin of safety in dollars is:...
Instructions Answer the following questions on a “working” spreadsheet where calculational cells contain cell-based formulas, not...
Instructions Answer the following questions on a “working” spreadsheet where calculational cells contain cell-based formulas, not simply numbers. No credit will be given if your spreadsheet does not meet the assignment criteria. Submit your spreadsheet using the link in the “Assignments” folder on Blackboard by class time the day it’s due. No credit will be given for late assignments. Remember that the work you submit must be your own. Answers identical or suspiciously similar to those of your classmates’ constitute...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT