2) "Top Strung" manufacturers quality tennis racquets in Vaughan and sells them for $80 each. It calculates its overhead (rent and machines and insurance) to be $66,000 per month, with wood/material costing about $32 per racquet and labour to assemble and string the racquet to be $15 per stick. Determine: a) The number of racquets needed to be sold per month to breakeven b) the number of racquets needed to be sold per month to make a profit of $26,400 c) the profit if they sell the 5,000 racquets they hope to per month

2) "Top Strung" manufacturers quality tennis racquets in Vaughan and sells them for $80 each. It calculates its overhead (rent and machines and insurance) to be $66,000 per month, with wood/material costing about $32 per racquet and labour to assemble and string the racquet to be $15 per stick. Determine: a) The number of racquets needed to be sold per month to breakeven b) the number of racquets needed to be sold per month to make a profit of $26,400 c) the profit if they sell the 5,000 racquets they hope to per month

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 11EA: Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge...

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