7.Birla Hoardings Ltd. is a new board company. They received an order of 6000 bill boards for a product. Each bill board will be sold at $950. The table below shows the list of the costs (fixed and variable costs) of different items required to produce the bill board. (10 marks) ITEMS Rent Loan repayment Managerial cost Sheet metal per board Labor per board Packaging per board COSTS 470 315 200 100 82 20 Find the following: 1)Total Variable Cost, 2)Total Fixed cost, 3) Total cost, 4)Total revenue, 5)Profit,6) Average

7.Birla Hoardings Ltd. is a new board company. They received an order of 6000 bill boards for a product. Each bill board will be sold at $950. The table below shows the list of the costs (fixed and variable costs) of different items required to produce the bill board. (10 marks) ITEMS Rent Loan repayment Managerial cost Sheet metal per board Labor per board Packaging per board COSTS 470 315 200 100 82 20 Find the following: 1)Total Variable Cost, 2)Total Fixed cost, 3) Total cost, 4)Total revenue, 5)Profit,6) Average

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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