2. A certain firm has the capacity to produce 650,000 units of a certain product per year. At present, it is operating at 62% capacity. The firm's annual income is P 4,160,000.00. Annual fixed cost is P 1,920,000.00 and the variable costs are equal to P 3.56 per unit. a. What is the annual profit or loss? b. At what volume of sales does the firm break even?

2. A certain firm has the capacity to produce 650,000 units of a certain product per year. At present, it is operating at 62% capacity. The firm's annual income is P 4,160,000.00. Annual fixed cost is P 1,920,000.00 and the variable costs are equal to P 3.56 per unit. a. What is the annual profit or loss? b. At what volume of sales does the firm break even?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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