1 Ann Page Co. ... fixed costs $30,000 per year. Variable costs per unit are $17. Sales price per unit is $30.
a) What is the contribution margin of the product?
b) Calculate the breakeven point in unit sales and dollars.
Breakeven in dollars = $69,240.00
c) What is the operating profit (loss) at:
i) 1,500 units per year?
ii) 3,600 units per year?
d) Plot a breakeven chart using the foregoing figures.
2 Mrs. Jones owns 100 shares of stock in Daimler-Benz valued at 16.5 Euros per share. What is the value in $U.S. of her stock if:
a) 0.90 € = $1
Value of 1,650.00 Euros at 0.90 € = $1 is $1,833.33
b) 0.70 € = $1
c) 1.20 € = $1
3 John is planning on purchasing his German dream car for 65,000 Euros
How much does he need in $U.S. if there are 0.98 Euros to the $U.S.?