The manager ofAble Car Inspection reviewed the montth operating costs for the past year. The costs ranged from $4,400 for 1,400 inspections to $4,200 for 1,000 inspections.
1. Calculate the variable cost per inspection.
2. Calculate the total
For its top managersl Neptune Travel fonnatt: its inmme statement as follows:
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Nepmne's relevant range is between sales of $249,000 and $356,000.
1. CIlculate the contribution margin ratio.
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Montgomery County Community Co
Ownershiri Le is considenng franchising her Noodles fora Le restaumnt concept. She believes people will pay $6.50 for a large bowl of noodles. Variabie costs are $3.25 per bowi. Le estimates monthly xed costs for a franchise at $3,000
Garys Steel Parts produces parts for the automobile industry. The company has monthly xed met: of 5652500 and a contribution margin of 00% of revenues.
1. Compute Garys monthly breakeven sales in dollam. Use the oontribution margin ratio eppr
Sillyday Park competes with Slide World by providing a variety of rides. Sillyday sells tickets at 5100 per person as a oneday entrance fee. Variable costs are $60 per person, and xed costs are $254,000 per month.
Under time conditions the breakeven point
Wet WeIkend Swim Park sells individual and family tidtels. With a ticketl each person reoeiVIs a meal. threI vaemges. and unllmited use of the swimming pools. Wet Weekend has the following tid(e| prices and wriable coats for 2016:
a (Click the icon to vie
Randys Repair Shop has a monthly target prot of 515,000. Variable costs are ?5% of salesI and monthly xed costs are $19,00.
1. Compute the monthly margin of safety in dollars if the shop achieves its income goal.
2. Express Randys margin of s
Holly's Day Care has been in operation for several years. Identify each cost as variable cfw_V, xed cfw_F, or mixed cfw_M, relative to number ol'students enrolled.
Compensation ofthe ofce manager, who receives a salary plus a bonus ba
Funtime Park competes with Fun Worid by providing a variety of rides. Funtime sells tickets at 5100 per person as a one-day entrance fee. Variable oosts are $60 per person, and xed costs are $254,000 per month
The breakeven numberol tickets is 6,350. If F