MathMaster logo

MathMaster

  1. Home
  2. general
  3. sleep tite ltd manufactures orthopaedic mattresses which have proved to be very popular in the irish market the management
Question

Sleep-tite Ltd manufactures orthopaedic mattresses which have proved to be very popular in the Irish market. The management team is considering the company's operating plan for the forthcoming year and has asked for your assistance. The budgeted selling price for each mattress is € 400. The cost of each mattress is as follows: Direct labour € 60 Direct Material € 120 Variable Production Overhead € 60 Fixed Production Costs € 900,000 Fixed Selling and Distribution Costs € 1,000,000 The number of mattresses Sleep-tite Ltd must sell in order to break-even are: Question 8 Select one: a. 4545 mattresses b. 11875 mattresses c. 6250 mattresses d. 8636 mattresses

229

likes
1143 views

Answer to a math question Sleep-tite Ltd manufactures orthopaedic mattresses which have proved to be very popular in the Irish market. The management team is considering the company's operating plan for the forthcoming year and has asked for your assistance. The budgeted selling price for each mattress is € 400. The cost of each mattress is as follows: Direct labour € 60 Direct Material € 120 Variable Production Overhead € 60 Fixed Production Costs € 900,000 Fixed Selling and Distribution Costs € 1,000,000 The number of mattresses Sleep-tite Ltd must sell in order to break-even are: Question 8 Select one: a. 4545 mattresses b. 11875 mattresses c. 6250 mattresses d. 8636 mattresses

Expert avatar
Adonis
4.4
106 Answers
To calculate the breakeven point, you need to determine the contribution margin per unit. Contribution margin per unit = Selling price per unit - Variable cost per unit Selling price per unit = €400 Variable cost per unit = Direct Labour + Direct Material + Variable Production Overhead Variable cost per unit = €60 + €120 + €60 = €240 Contribution margin per unit = €400 - €240 = €160 Now, divide the total fixed costs by the contribution margin per unit to find the breakeven point: Breakeven point (in units) = Total Fixed Costs / Contribution Margin per unit Total Fixed Costs = Fixed Production Costs + Fixed Selling and Distribution Costs Total Fixed Costs = €900,000 + €1,000,000 = €1,900,000 Breakeven point (in units) = €1,900,000 / €160 = 11875 mattresses So, the answer is option b. 11875 mattresses.

Frequently asked questions (FAQs)
What is the value of the cosine function at an angle of 45 degrees on the unit circle chart?
+
What is the limit of (3x^2 + 5x - 2) / (2x^2 - 7x + 3) as x approaches 2?
+
What is the formula to find the area of a circle and what is the area of a circle with a radius of 5 cm?
+
New questions in Mathematics
Let the vectors be u=(-1,0,2) , v=(0,2,-3) , w=(2,2,3) Calculate the following expressions a)<u,w> b) &lt;2u- 5v,3w&gt;
Solve: −3(−2x+23)+12=6(−4x+9)+9.
What is the coefficient of elasticity of the material that must be placed on the heel of the 10 cm high clog, with a base area of 2 cm² so that it deforms only 2 cm when the force on it will be a maximum of 600 N.
P is a polynomial defined by P(x) = 4x^3 - 11×^2 - 6x + 9. Two factors are (x - 3) and (x + 1). Rewrite the expression for P as the product of linear factors.
(2x+5)^3+(x-3)(x+3)
The beta of a company is 1,41 and its cost of equity 18,95%. What is then the market risk premium if the risk free rate is 0,94%? (in %, 2 decimal places)
"If three wolves catch three rabbits in three hours, how many wolves would it take to catch a hundred rabbits in a hundred hours?" The answer is the number of response units.
7/6-(-1/9)
Find the equation of the line perpendicular to −5𝑥−3𝑦+5=0 passing through the point (0,−2)
I want you to solve this problem as a grade sixth pupil in primary school: 8 Pigs ate 6 bags of fee in 20 days. How long will it take 10 pigs to eat 15 bags of feed eating at the same rate?
3. A rock is dropped from a height of 16 ft. It is determined that its height (in feet) above ground t seconds later (for 0≤t≤3) is given by s(t)=-2t2 + 16. Find the average velocity of the rock over [0.2,0.21] time interval.
28 is 92 percent of what?
3 A tree is planted when it is 1.2 m tall. Every year its growth is 3/8 of its previous year's height. Find how tall the tree will grow.
Let v be the set of all ordered pairs of real numbers and consider the scalar addition and multiplication operations defined by: u+v=(x,y)+(s,t)=(x+s+1,y+t -two) au=a.(x,y)=(ax+a-1,ay-2a+2) It is known that this set with the operations defined above is a vector space. A) calculate u+v is au for u=(-2,3),v=(1,-2) and a=2 B) show that (0,0) #0 Suggestion find a vector W such that u+w=u C) who is the vector -u D) show that axiom A4 holds:-u+u=0
In an orchard there are 360 trees and they are distributed in 9 rows with the same number of trees in each row. 2 are rows of orange trees, 4 of apple trees and the rest are of pear trees. What fraction of the trees in the orchard are of each type of fruit tree? How many trees of each type are there?
Total Users with an active Wise account = Total Active Users + Total Users who haven’t transacted Total Active Users = Total MCA Users + Total Send Users = Total New Users + Retained Users Total New Users = New Send Users + New MCA Users Total MCA Users = New MCA Users + Retained Users who transacted this month via MCA Total Send Users = New Send Users + Retained Users who transacted this month via Send Send CR = Total Send Users / Total Users with an active Wise account MCA CR = Total MCA Users / Total Users with an active Wise account New Send CR = New Send Users / New Profiles Created in Month New MCA CR = New MCA Users / New Profiles Created in Month We have recently witnessed a drop in MCA conversion, but send user conversion is stable, can you help explain why?
Find the vertex F(x)=x^2-10x
9n + 7(-8 + 4k) use k=2 and n=3
-Please answer to the following questions: What is the price elasticity of demand? Can you explain it in your own words? What is the price elasticity of supply? Can you explain it in your own words? What is the relationship between price elasticity and position on the demand curve? For example, as you move up the demand curve to higher prices and lower quantities, what happens to the measured elasticity? How would you explain that? B-Assume that the supply of low-skilled workers is fairly elastic, but the employers’ demand for such workers is fairly inelastic. If the policy goal is to expand employment for low-skilled workers, is it better to focus on policy tools to shift the supply of unskilled labor or on tools to shift the demand for unskilled labor? What if the policy goal is to raise wages for this group? Explain your answers with supply and demand diagrams. Make sure to properly cite and reference your academic or peer-reviewed sources (minimum 2).
The supply of a good registers periodic increases. With each increase in the offer, the total receipts of the bidders increase. Indicate the correct statement: a) demand is elastic b) demand is inelastic c) supply is inelastic d) supply has unit elasticity.

You might be interested in