Olivo Company: use equation method to calculate sales in uni
Not what you're looking for?
Olivo Company manufactures products that it sells for $33 each. Variable costs are $22 per unit, and annual fixed costs are $454,900.
Use the EQUATION METHOD to calculate the sales in units that will result in a $28,000 profit.
(selling price/unit) x (# of units) = (variable rate/unit) x (# of units) + total fixed costs + desired level of profit.
Purchase this Solution
Solution Summary
The expert uses equation methods to calculate sales for Olivo Company.
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
Recent Feedback
- "Your explanation to the answers were very helpful."
- "What does 1 and 0 means in the repair column?"
- "Went through all of the formulas, excellent work! This really helped me!"
- "try others as well please"
- "Thank you, this helped a lot. I was not sure how to plug in those numbers to a formula. This was a great help. Now I have to figure out how to explain cost of capital is used in net present value analysis, and how cost of capital is used in net present value analysis. This stuff gets confusing."
Purchase this Solution
Free BrainMass Quizzes
Basics of corporate finance
These questions will test you on your knowledge of finance.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Lean your Process
This quiz will help you understand the basic concepts of Lean.