4 only. 4. L5. [If the profit function for a firm is given by P(x) = -2600 + 150x - x² and limitations on space require that production be less than 100 units, find the break-even points. (Enter your answers as a comma-separated list.)X =unitsThe owner of a skating rink rents the rink for parties at $700 if 50 or fewer skaters attend, so that the cost per person is $14 if 50 attend. For each 5 skaters above 50, she reduces the price per skater by $0.50.(a) Construct a table that gives the revenue generated if 50, 55, and 70 skaters attend.No. of skatersTotal Revenue505570=Price perSkater$$$(b) Does the owner's revenue from the rental of the rink increase or decrease as the number of skaters increases from 50 to 70?O The revenue increases.O The revenue decreases.(c) Write the equation that describes the revenue for parties with x groups of five skaters more than 50 skaters.R(x)(d) Find the revenue when 150 skaters attend.$

Break even point In production, the break even point is the quantity that causes profit/loss to be…

Answered: If the profit function for a firm is…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

Ma1. Please give only typed answer.
i need the answer quickly
XYZ company sells phones for P22, 500 per unit. The variable cost is P10, 000 per unit. The fixed costs are P37, 500, 000. The company wants to have a profit of P12, 500, 000. How many units do they have to sell to achieve this goal? a.3,000 b.4,000 c.5,000 d.6,000
Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is $35,000 and the variable cost per unit is $500. The revenue function for the sale of D unit is 5000D-100 D2. What is the maximum profit of the company? dollars=?
A manufacturer produces gizmos at a cost of P5 each. The manufacturer computes that if each gizmo sells for x pesos, (15 – x) gizmos will be sold. What is the manufacturer's profit function a(x)? What price x should the manufacturer charge to maximize profit? (Hint: If the profit function is concave, the maximum point is the point where the slope is zero.)
1. The Selling Division’s unit sales price is P20 and its unit variable cost is P8. Its capacity is 10,000 units. Fixed costs per unit are P4. Current outside sales is 10,000 units. What is the minimum transfer price that the Selling Division would be willing to accept if 3,000 units will be sold to the Purchasing Division? Assume that the Purchasing Division can buy the same from outside market at P18.50. _____________________2. The Selling Division’s unit sales price is P20 and its unit variable cost is P8. Its capacity is 10,000 units. Fixed costs per unit are P4. Current outside sales are 7,000 units. What is the Selling Division’s opportunity cost per unit from selling 3,000 units to the Purchasing Division? Assume that the Purchasing Division can buy the same from outside market at P18.50 ______________________3. The Selling Division’s unit sales price is P20 and its unit variable cost is P8. Its capacity is 10,000 units. Fixed costs per unit are P4. Current outside sales is…
type the correct answwer for the ;problem bellow
Should a firm shut down if its weekly revenue is $450, its variable cost is $600, and its fixed cost is $700, of which $500 is avoidable if it shuts down? Why? The firm should to save $ (Enter a numeric response using an integer.)
2. lle Patrice has just graduated university and is thinking about opening "Surf Shop" to sell surfboards. Basic surfboards are manufactured by a local company and the cost to purchase each surfboard is $350. Patrice plans to paint a scene on each surfboard himself so that each surfboard is unique. The estimated cost for paint and supplies is $50 per unit and the labor cost for painting the scene is zero. Pat estimates that each unique surfboard can sell for $1,000.00. Other costs include rent for the shop of $24,000 annually and advertising of $16,000 annually. Patrice also plans to hire a full- time manager at an annual salary of $80,000. Required: You must show all your calculations in order to get marks. If you provide the answer only you will not receive any marks. 1. What is the contribution margin per unit in $$. What is the contribution margin ratio? re to search cer
a company manufactures computers . The variable cost of producing a computer is 2 TL and the fixed cost is 3TL.The demand equation for this product is p=8-lnx. Here X: shows the number of computers , p: shows the price of a computer. How Much Should a computer be sold for to make a maximum profit A)1 B)10 C)2 D)5 E)3
How I can resolve this problem. The management of a firm wants to introduce a new product. the product will sell for $4 a unit and can be produced by either of two scales of operation. in the first, total cost are. TC= $3,000 +$2.8Q In the second scale of operation, total cost are TC=$5,000+$2.04Q a. what is the break-even level of outpur for each scale of operation? b. what will be the firm;s profit for each scale of operation if sales reach 5,000 units? c. one-half of the fixed cost are noncash(depreciation) . all other expenses are for cash. if sale are 2,000 units, will cash receipts cover cash expenses for each scale of operation? d. the anticipaded levels of sales are the following: Year Unit Sales 1 4,000 2 5000 3 6,000 4 7,000 If management selects the scale of production which higher fixed cost, what can it expect…
Aragon Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the cost function in this case? a. P = 120x – 50x – 70,000b. C = 50x + 70,000c. R = 120x d. no answer

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

If the profit function for a firm is given by P(x) = -2600 + 150x-x² and limitations on space require that production be less than 100 units, find the break-even points. (Enter your answers as a comma-separated list.) units x =