| Gentre for Continuing & Online Learning QUA0002 - Assignment # 2 (15 %) There are 25 questions distributed over 17 exercises; each question is worth 1 point for a total of 25, then converted to base 15. Kindly answer all questions and show your work. Exercises 1._ Dirac Manufacturers Co. plans to introduce a new type of shirt based on the following information: the selling price is $57.00, the variable cost per unit is $18.00, the fixed costs are $7800.00 and capacity per period is $00 units. Calculate the break-even point in units. s SP2NFF Uz fit Eced Peo CPP= Soo Er= Fes (SP-Ue a Feo0% fe 7300209) BEF: Aov Calculate the break-even point to nearest dollar. 00x 157 2 12 Yous ve the AEP dollor Flue 8 F114, foo Calculate the break-even point as a percentage of capacity, 200500 = 0.¥0 «100 een = 40 vole S you,ALGONQUIN | Septre for Continuing COLLEGE | & Online Learning 2. Compton and Sons is a local manufacturer of a product that sells for $13.50 per unit. Variable cost per unit is $7.85 and fixed cost per period is $1220. Capacity per period is 1100 units. Calculate the total cost when the production is 100 units. cz Fett TEs 00S Ve esaa0e #85 a ae a0 Tes bae0s 2 Calculate the break-even point in units. Round to nearest one. Fes (17.50-% 2 a 4920: (13.50-% 85) = BEP S ee Balag ae thee DEP 15 Be & wile OD 216 Units. 3. Plank, the new owner of the vehicle accessory shop, is considering buying sets of winter tyres for $299 per set and selling them at $ 520 each. Fixed costs related to this operation amount to $ 3250 per month. itis expected that 18 sets per month could be sold. How much profit will Plank make each month? Hint: use the contribution margin approach CR: 222 = 0.485 = 12.5% Bps> Fe few Spo GES: 32502 0.795 QrzFreiry EES: #647.06 Gg. 73505 922 EES: P64 Qz> 19.70 4, Bernoulli's business budget included sales of $350 000 and fixed costs of $52 600. Ifthe total contribution margin for the business was $125 000: ; Find the contribution rate as a percentage approximated. eee 100". f : OF 350,000 Vez 125000 ~ $2600 Cee) foe vz Bo. F3ty vez #2 y00 ae Nee : fon ca: SP. R= Ofer 0.275142 oes Che O74, 600 ck: 79.919%UIN | Soptre for Continuing COLLEGE | & Online Learning Ww For Tens d1as,e00 SP =8350.000 FCZ852,e00 Te 2 h1d5,00 hat are the sales needed to break even? a BE: Fe/er = $2600 +0.79314 = 66. 718.69 5. In order to pay his university fees, Feynman borrowed $ 7000 for five months at 5.5% Calculate the amount of simple interest that will be charged to Feynman. Approximate your answer to the nearest es ae Fooo x 0.055 x 0.416667 20. 1166? 2 160. 42$1 a he vou P47 60.92 fn intevest 6. Compute the amount of interest that Ms. Curie will be charged on $9000.00 that she borrowed for four months at 9.0% Round to nearest one, T= 41a or Remark: Here and henceforth assume simple interest unless otherwise stated. _ 9900 0.09 « 0.3333 = 264.999 = D70f 7. Ritcher decided to deposit $ 875 from May 29, 2013 to August 13, 2013 at 11.5% per annum, Compute the amount of simple interest he will earn at the end of the term. Round to nearest 100th. 2552 20,0339G1 QPS 0.115 x 0.384 CL eared