12 Precast Pools, Inc. sells their product for $3,000 each. At a volume of 20 units, their labor, materials, overhead, and other costs total $60,000, and at a volume of 40 units, the total is $80,000. (a) What is your best estimate of the variable cost per unit? (b) Estimate the fixed costs. (c) At what volume does the firm break even? (d) Estimate the profit at a volume of 60 units.

12 Precast Pools, Inc. sells their product for $3,000 each. At a volume of 20 units, their labor, materials, overhead, and other costs total $60,000, and at a volume of 40 units, the total is $80,000. (a) What is your best estimate of the variable cost per unit? (b) Estimate the fixed costs. (c) At what volume does the firm break even? (d) Estimate the profit at a volume of 60 units.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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