The Junior League of Yadkinville, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $20 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 14,500 books to break even on its $101,500 investment. What is the variable costs per unit assumed in the Junior League's analysis? (Round your answer to the nearest whole number.) X per unit Feedback Check My Work Unit sales price minus variable unit costs = unit contribution margin. Use (per copy amount - x) for the contribution margin. Fixed costs divided by the unit contribution margin = break-even point in units.
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- The Junior League of Yadkinville, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $18 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 2,000 books to break even on its $4,000 investment. What is the variable cost per unit assumed in the Junior League's analysis?$fill in the blank 1 per unitThe Junior League of Yadkinville, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $25 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 10,900 books to break even on its $98,100 investment.What is the variable cost per unit assumed in the Junior League’s analysis?$fill in the blank 1 per unitProblem 2: The XYZ company collected recipes from members and published a cookbook. The book sells for $18 per copy. The company estimates that the club must sell 2000 books to breakeven on its $4,000 investment, What is the variable cost per unit assumed in this analysis?
- The Parents for Better Schools of Fresno, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $20 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 800 books to break even on its $3,600 investment. What is the variable cost per unit assumed in the Parents for Better Schools’ analysis?The Garden Club of Palm Springs, California, collected recipes from members and published a cookbook entitled Desert Dishes. The book will sell for $40 per copy. The chairperson of the cookbook development committee estimated that the club needed to sell 8,000 books to break even on its $40,000 investment. What is the variable cost per unit assumed in the Garden Club’s analysis?The Junior League of Yadkinville, California, collected recipes from members and published a cookbook entitled Food for Everyone. The book will sell for $18 per copy. The chairwoman of the cookbook development committee estimated that the club needed to sell 2,000 books to break even on its $4,000 investment. What is the variable cost per unit assumed in the Junior League's analysis?
- The XYZ company collected recipes from members and published a cookbook. The book sells for $18 per copy. The company estimates that the club must sell 2000 books to breakeven on its $4,000 investment, What is the variable cost per unit assumed in this analysis?Owner Shan Mu is considering franchising her Noodles by Mu restaurant concept. She believes people will pay $10.00 for a large bowl of noodles. Variable costs are $5.00 per bowl. Mu estimates monthly fixed costs for a franchise at $9,000. Requirements 1. Use the contribution margin ratio approach to find a franchise’s breakeven sales in dollars. 2. Mu believes most locations could generate $61,500 in monthly sales. Is franchising a good idea for Mu if franchisees want a minimum monthly operating income of $21,000? Explain your answer.A privately-owned summer camp for youngsters has the following data for a 12-week session: Charge per camper: $480 per week Fixed costs: $192,000 per session Variable cost per camper: $320 per week Сарасity: 200 campers a) Develop the mathematical relationships for total cost and total revenue. b) What is the total number of campers that will allow the camp to just breakeven? c) What if the profit or loss for the 12-week session if the camp operates at 80% сараcity? d) What are the marginal and average costs per camper at 80% capacity? e) Would it be ethical to charge campers different rates depending on their family's socioeconomic status? Identify and describe two points pro and two points cons for such a policy. f) Draw cash flow diagram for this problem.
- The Pet Paradise Pet Shop, specialized in selling pet houses, is currently facing profitability challenges. The founder, Lisa, recognizes your expertise in business knowledge and financial acumen and seeks your advice to determine crucial sales targets for breaking even and achieving specific profit margins. Key Financial Parameters: Fixed Costs: The fixed costs for Pet Paradise Pet Shop amount to $25,000 annually. Variable Costs: The variable cost associated with each pet house sold is $150. Product Price: The selling price for each pet product is $450. Goals for Analysis: Lisa wants to understand the sales targets required to achieve the following financial milestones: a. Break-even Point: Determine the number of pet houses Pet Paradise needs to sell annually to cover the fixed and variable costs, resulting in a break-even situation. b . Profit of $50,000: Identify the sales volume needed to generate a profit of $50,000 after covering fixed and variable costs. c. Profit of…Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and website construction is estimated to be $160,000. Variable processing costs are estimated to be $6.00 per book. The publisher plans to sell single-user access to the book for $46. a. Build a spreadsheet model to calculate the profit/loss for a given demand. For example, what profit can be anticipated with a demand of 3500 copies? b. Use a data table to very demand from 1000 to 6000 in increments of 200 to assess the sensitivity of profit to demand. c. Use Goal Seek to determine the access price per copy that the publisher must charge to break even with the demand of 3500 copies. Before you move on to Problem 2, make sure you save your workbook with this value displayed or else you will not receive credit.Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $175,000. Variable processing costs are estimated to be $8 per book. The publisher plans to sell single-user access to the book for $54. (a) Build a spreadsheet model in Excel to calculate the profit/loss for a given demand. What profit can be anticipated with a demand of 3,300 copies? For subtractive or negative numbers use a minus sign. -23,200 (b) Use a data table to vary demand from 1,000 to 6,000 in increments of 200 to test the sensitivity of profit to demand. Breakeven occurs where profit goes from a negative to a positive value, that is, breakeven is where total revenue = total cost yielding a profit of zero. In which interval of demand does breakeven occur? (i) Breakeven appears in the interval of 3,400 to 3,600 copies. (ii) Breakeven appears in the…