Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 2.(42 marks) rhoda runs a small home-based busin

2.(42 marks) Rhoda runs a small home-based business to make and sell masks....

90.2K

Verified Solution

Question

Accounting

2.(42 marks) Rhoda runs a small home-based business to make and sell masks. The average material cost for one mask is $1.20, her labour cost is $1.00 per unit sold, and sells it to her customers on average of $3.50 per unit. She spends $150.00 per month for advertising.
a. (6 marks) What is the unit variable cost?
b. (6 marks) What is the unit contribution margin?
c. (6 marks) What is the contribution rate?
d. (6 marks) What is her net income or loss if 500 units are sold?
e. (6 marks) What is the break-even point in units?
f. (6 marks) What is the break-even point in dollars?
g. (6 marks) What is the new unit break-even point if she increases her advertising costs by 30% per month?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider the titration of 40.0 mL of 0.0600 M (CH3)2NH (a weak base; Kb = 0.000540) with...

Chemistry
Q

Glycolysis is a catabolic pathway, in which glucose is broken down to generate ATP. Would this...

Biology
Q

Trace the path of urine as it forms (start at the glomerulus – end when the...

Medical Sciences
Q

A penguin has decided to jump between two small icebergs floating in the ocean near Antarctica....

Physics
Q

Describe three techniques for improving memory. Dugguest how the techniques described could be applied to improve...

Psychology
Q

How has the use of technology affected people’s ability to communicate face to face? Do you...

Psychology
Q

Solve the following heat equation using Fourier Series uxx = ut, 0 < x < pi,...

Advance Math
Q

Use the results from a survey of a simple random sample of 1281 adults Among...

Statistics
Q

Following is information on two alternative...

Accounting
Q

4. Calculate the net cash provided or used by financing activities for the Garvey Inc...

Accounting
Q

Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing...

Accounting
Q

transitory. a) Duets Ob) Cotton Wheel O c) One-on many O d) Parallel Duets are...

Accounting