vi.2 2. You run a business out of your dorm room selling ACC2020 textbooks in both paper and digitalversions. The paper version costs you $250 and you can sell it for $300. The digital version costsyou $100 and you can sell it for $125.Last semester you sold 12 paper versions and 120 digital versions for total sales of $18,600. Youexpect that sales mix will continue this semester.●If yf your semester fixed costs are $3,000 for a publisher's license, what dollar amount ofsales will you need to breakeven?How many paper and digital books will you have to sell to breakeven?How much operating income did you have last semester?

The break-even sales refer to the sales where no profit or loss. The company needs to make…

Answered: 2. You run a business out of your dorm…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please help!!! You run a business out of your dorm room selling ACC2020 textbooks in both paper and digital versions. The paper version costs you $400 and you can sell it for $600. The digital version costs you $100 and you can sell it for $200.  Last semester you sold 10 paper versions and 100 digital versions for total sales of $26,000. You expect that sales mix will continue this semester. - If your semester fixed costs are $6,000 for a publisher's license, what dollar amount of sales will you need to breakeven? - How many paper and digital books will you have to sell to break even? - How much operating income did you have last semester?
Imagine you are taking 3 classes (Economics, English and Wellness) this semester and want to calculate your total cost per course. Assume only two costs: Tuition and Internet. Tuition, a direct cost, is $1,000 per course. Internet is a shared (overhead) cost and is $450 per semester. Assume you spend 60% of your time online for Economics, 30% for English and 10% for Wellness. Provide the following information: 1. Cost for Economics when overhead is allocated by the number of courses you are taking 2. Cost for Economics when overhead is allocated by time spent online 3. Cost for Wellness when overhead is allocated by the number of courses you are taking 4. Cost for Wellness when overhead is allocated by time spent online
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