An entity has decided to focus strictly on producing and selling one type of teddy bear. For the upcoming year, the entity hopes to make a 25% profit on sales. Fixed costs are set at $51,000, and variable costs are $9.50 per unit. If teddy bears are sold at $15 each, how many bears must be sold to meet the profit goal?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An entity has decided to focus strictly on producing and selling one type of teddy bear. For the upcoming year, the entity hopes to make a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Parkway Void Co. issued 17-year bonds two years ago at a coupon rate of 10.1 percent. The bonds make semiannual payments. If these bonds currently sell for 97 percent of par value, what is the YTM?
Answers (1)
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1 comma 000 tires per day with the following resources: Labor: 425 hours per day @ $12.50 per hour Raw Material: 21 comma 000 pounds per day @ $1.
Answers (1)
Assuming that the listing broker and selling broker split their commission from a transaction equally, what was the sales price of the property if the commission rate was 6.5% and the listing broker received $12,593.
Answers (1)
This type of drug speeds up, increases, or heightens bodily functions.
Answers (1)
What happens if an unprofitable segment is eliminated? A : it is impossible for net income to decrease. B : fixed expenses allocated to the eliminated segment will be eliminated. C : it is impossible for net income to increase.
Answers (1)
New Questions in Business
Who controls the supply for coffe shops and beses on what factors
Answers (1)
What is an oligopoly? a. an agreement by a formal organization of producers to coordinate prices and production b. a market structure in which a few large firms dominate the market c. a market structure in which two firms have a price war d.
Answers (2)
Bradley, an employee at Symphony Inc., noticed his colleague, Adriana, stealing office supplies from the office. He placed an anonymous call to upper management to inform them about Adriana's unethical behavior.
Answers (1)
There are approximately 900,000 television households in the San Diego County market. During a Sunday afternoon in October, 50 percent of the households had their television sets turned on and 200,000 were watching a football game.
Answers (1)
Suppose Jack steals a truckload of Sony​ high-definition televisions that are owned by Electronics Store. The thief resells the televisions to​ City-Mart, which does not know that the goods were stolen.
Answers (1)