Data for the break-even analysis (per month) Selling rice per unit PhP 1,000 Variable cost per unit PhP 600 Fixed costs PhP 16,000 Instruction: Kindly fill out the required data. Units Variable Cost Fixed Cost Total Cost Total Sales (VC) (FC) (TC) Revenue 10 20 30 40 50 60 70 80 90 100 B. Based on the above data, kindly prepare a Cost, Volume, and Profit (CVP) graph. C. Calculate the following: Show your SOLUTIONS/COMPUTATION. BEP in Units BEP in Sales

Data for the break-even analysis (per month) Selling rice per unit PhP 1,000 Variable cost per unit PhP 600 Fixed costs PhP 16,000 Instruction: Kindly fill out the required data. Units Variable Cost Fixed Cost Total Cost Total Sales (VC) (FC) (TC) Revenue 10 20 30 40 50 60 70 80 90 100 B. Based on the above data, kindly prepare a Cost, Volume, and Profit (CVP) graph. C. Calculate the following: Show your SOLUTIONS/COMPUTATION. BEP in Units BEP in Sales

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1) Define the following costs faced by Tesco when they open a new branch and explain the short run influences on each one. Illustrate your explanation of each cost with a diagram. a) total cost b) marginal cost Your explanation of marginal cost should refer to the influence of diminishing returns. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.
8.1 The fixed costs at Harley Motors are $1M annually. The main product has revenue of $9.90 per unit and $4.50 variable cost. This question is in three parts. Part 2: What is the annual profit (or loss) if 150,000 units are sold? (if a profit, use a positive number and if a loss, use a negative number; do not use commas or $ signs in your answer)
Output TFC TVC TC MC АТС A 25 25 ---- -- ---- -- B 1 25 25 50 25 50 C 2 25 40 65 32.5 3 25 70 95 E 4 25 110 33.75 F 5 25 160 50 What is the total cost at point E? 135 125 185 Cannot be determined
Q1. Which cost increases continuously with the increase in production? (a) Average cost. (b) Marginal cost. (c) Fixed cost. (d) Variable cost.
None
19) Accounting costs and economic costs differ because A) Economic costs include explicit costs and accounting costs do not. B) Accounting costs include explicit costs and economic costs do not. C) Economic costs include implicit costs and accounting costs do not. D) Accounting costs include implicit costs and economic costs do not. anscribed Text C 20) Megan used to work at the local pizzeria for $15,000 per year but quit in order to start her own deli. To buy the necessary equipment, she withdrew $20,000 from her inheritance (which paid 8 percent interest). Last year she paid $25,000 for ingredients and $500 per month rent but had revenue of $50,000. She asked her dad the accountant and her mom the economist to calculate her costs for her. A) Dad says her cost is $31,000 and Mom says her cost is $47,600. B) Dad says her cost is $31,000 and Mom says her cost is $35,000. Dad says her cost is $9,000 and Mom says her cost is $2,400. D) Dad says her cost is $25,000 and Mom says her cost…
Output AFC AVC ATC MC 1 300 100 400 100 2 150 75 225 50 3 100 70 170 60 4 75 73 148 80 5 60 80 140 110 6 50 90 140 140 7 43 103 146 180 8 38 119 156 230 9 33 138 171 290 10 30 160 190 360 Refer to the chart above. The total fixed costs are what?
Question 37 In this table, the average cost of producing 100 units of output is: R Output Total Cost Variable Cost 0 $5,000 $0 100 $5,700 $700 200 $6,300 $1,300 300 $7,100 $2,100 400 $8,000 $3,000 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $57.00 Search b $31.50 C $20 d $23.67 Question 38 4- 4+ * hp 144 C f10 114 144 f12 + + 11 7/ ins prt sc delete home num
b. The following are costs and revenues incurred by an ice cream company in short-run production. Fixed cost (month) : RM 5 000 1 200 Rent Interest on loan Premium insurance 600 Variable cost (month) : Wages Maintenance 8 800 300 Utilities 2 200 Raw material 9 600 2 000 Transportation Owners salary before start producing own ice cream firm 54 000 Revenue (month) : Price per one cone ice cream RM5 Operation days Average customer per day 26 days 250 customers Based on the above information, calculate: i. Total revenue ii. Total cost iii. Economic profit From the answer to question (iii), what can you advise the ice cream maker?
Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200 $1,700 $1,200 $2,900 300 $1,700 $2,700 $4,400 400 $1,700 $5,200 $6,900 500 $1,700 $9,000 $10,700 600 $1,700 $15,000 $16,700 700 $1,700 $23,800 $25,500 800 $1,700 $36,800 $38,500 900 $1,700 $55,800 $57,500 1,000 $1,700 $83,000 $84,700 Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order? At what quantity of bags will profits be maximized? A Use the profit maximizing rule, MR ≥ MC, buy 300 bags. B Use the profit maximizing rule, MR ≥ MC, buy 200 bags. C Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 300. D Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 200.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
(c) Should a firm shut down and why if its revenue is R=$ 1, 000. Its variable cost VC=$ 500 and its sunk fixed cost is F= $ 600. Its variable cost VC=$ 1, 500 and its sunk fixed cost is F= $ 500.