How do we know how many football boots we need to reach our profit - ProProfs Discuss
Menu
SearchAsk a Question+ Ask Question
Advertisement
  1. Society
  2. Law

How do we know how many football boots we need to reach our profit benchmark?

How do we know how many football boots we need to reach our profit benchmark?

Change Image    Delete

We were presented with the following example- Profit Benchmark = $200,000; Annual Overheads = $175,000; Sales Price per Football Boot = $149; Cost Price per Football Boot = $45

Asked by Kerikeri, Last updated: Nov 15, 2024

+ Answer
Request
Share
Question menu
Vote up Vote down

1 Answer

kerikeri

kerikeri

kerikeri
Kerikeri

Answered Nov 26, 2018

3606

Gross Annual Margin = $200,000 + $175,000 = $375,00 Gross Margin per Unit = $149 - $45 = $104 Football boots we have to produce = $375,000 / $104 = 3605.7692307692307692307692307692 = 3606 [we cannot produce .769 of a football boot].
upvote downvote
Reply 

More Law Questions

Ask Your Own Question

Can You Answer

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
CancelLoader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
CancelLoader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
CancelLoader

Email Sent
We have sent an email to your address "" with instructions to reset your password.