Lighting Warehouse produces q solar lamps at a fixed cost of R10 000 per week. Each lamp costs R150 to produce and is sold forR350.Calculate the break-even quantity per week.a. 100.Ob. 50.C. 200.Od. 20.

Step 1: Identify the formula for break-even quantityBreak-even quantity for given period = Fixed…

Answered: Lighting Warehouse produces q solar…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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CEO of Ganymede company produces goods with 500 customers where the number of customers is equal to Q produced, with the cost function TC = 2Q2 + 400Q + 1,300,000. Questions a. Determine fixed costs, variable costs and average costs that the customer musr pay. Describe the calculations! b.If the item sells for 5,000 and 7,000, determine the position of the company and can the company grow?
If accounting profits are $6000 and explicit cost are $2200 Calculate total revenue
Give an example of the Equivalent Annual Operating Cost?
C or prouuctiol 13 INCIeaseu. 15. A certain firm has the capacity to produce 840,000 units of product per year. At present, it is operating at 60% of capacity. The firm's annual income is $504,000. Annual fixed costs are $212,000, and the variable costs are equal to $0.392 unit of product. What is the firm's annual profit or loss? Answer: $94,432 profit b. per а. At what volume of sales does the firm break even? What will be the profit or loss at 75%, 85%, and 90% of capacity on the basis of constant income per unit and constant variable cost per unit? bas c.
If he wants the average cost of production to be $1, how many lures would he e) have to produce in one month? e)_ If he wants to make a profit of at least $4000 per month, what is the f) minimum number of lures he would have to produce if he sells every lure he produces for $4? f)_
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Lighting Warehouse produces q solar lamps at a fixed cost of R10 000 per week. Each lamp costs R150 to produce and is sold for R350. Calculate the break-even quantity per week. a. 100. Ob. 50. C. 200. Od. 20.