Roxie’s Surf Shop is expanding their product line, adding a high end surf board
Question # 00347896
Posted By:
Updated on: 07/29/2016 12:14 AM Due on: 07/29/2016
Roxie’s Surf Shop is expanding their product line, adding a high end surf board to their existing basic product.
Their fixed costs for the equipment needed for the new boards is $5300 per month.
The new board will cost $287 per board and they can be sold for $425.
- How many new boards per month will they need to sell to breakeven quantity per month?
- If the fixed costs are reduced to $4800 per month what is the new breakeven quantity?
- If the fixed costs stay at $4800 and they want to have at least $1000 per month in profit how many boards should they sell?
- Could the answers be supplied in excel? I need the backup to verify the answers.
-
Rating:
/5
Solution: Roxie’s Surf Shop is expanding their product line, adding a high end surf board