Problem statementA construction company is planning their projects forthe year 2023. The company is considering theconstruction of 20 buildings, each is 3,000 m². In 2018,they have built 8 similar buildings but with smallerareas, and the material costs associated with those 8buildings are shown in the following table:Building #Area (m²) Cost (S)123456781,430 350,3501,475 358,3261,655 385,9221,790399,3871,961419,0042,015 427,6962,375 456,1262,533 461,765The materials cost index values are as shown in thefollowing table:Year Cost index2017 3212018 3322019 3482020 3682021 3792022 3982023 406In 2019, the company began constructing larger units(3,000 m² units compared to those in 2018 as shown inthe first table). The labor hours required to completethe first 3,000 m² unit was 24,000 hours but the laborhours decreased exponentially with time due to theexperience gained by workers at a 90% learning slopeuntil reaching the 15th unit, after which a steady-statewas reached. Assume the 2023 average labor wage is$20 per hour and the Company's fixed annual cost(overhead) is $2,300,000.(a) What is the breakeven selling price per unit?(b) What is the selling price per unit assuming thecompany wishes to earn 10% profit on top of the totalcosts incurred?

The break even point is defined as the one where the revenue that the firms generate is equal to the…

Problem statement A construction company is planning their projects for the year 2023. The company is considering the construction of 20 buildings, each is 3,000 m². In 2018, they have built 8 similar buildings but with smaller areas, and the material costs associated with those 8 buildings are shown in the following table: Building #Area (m²) Cost (S) 1 1,430 350,350 1,475 358,326 1,655 385,922 1,790 399,387 1,961 419,004 2,015 427,696 2,375 456,126 2,533 461,765 The materials cost index values are as shown in the 23456 3 5 7 8 following table: Year Cost index 2017 321 2018 332 2019 348 2020 368 2021 379 2022 398 2023 406

Problem statement A construction company is planning their projects for the year 2023. The company is considering the construction of 20 buildings, each is 3,000 m². In 2018, they have built 8 similar buildings but with smaller areas, and the material costs associated with those 8 buildings are shown in the following table: Building #Area (m²) Cost (S) 1 1,430 350,350 1,475 358,326 1,655 385,922 1,790 399,387 1,961 419,004 2,015 427,696 2,375 456,126 2,533 461,765 The materials cost index values are as shown in the 23456 3 5 7 8 following table: Year Cost index 2017 321 2018 332 2019 348 2020 368 2021 379 2022 398 2023 406

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable cost is RO. (35+K) per unit and sells the product at RO. (70+M) per unit.a. Find the total cost function. b. Find the total revenue function. c. Find the profit function and determine the profit when 1250 units are sold. d. How many units must be produced and sold to yield a profit of RO. 20000? e. How many units must be sold to break even?
Subject : Engineering Economics Please write handwritten Answer And Explain Briefly
if they are pre-startup expenses ,mark ( / ) and if not mark (x ) in the given box NO EXPENSE J/ x 1 Paid $ 2,500 to ABC Company for the market survey Bought a furniture to the office for $ 6,000 Paid $ 1,500 for the relevant authority council for licenses Paid $ 3,000 to clean the building Paid $ 1,000 for premises to get the electricity supply Paid $ 4,000 for charge to lay cables for computer network 3 4 6. Bought 10 computers for $ 40,000 Paid $ 4,000 for the preparation of business plan Expenses for entertainment on the starting day of the business $ 3,000 Expenses for exchanging information with the suppliers $ 1,000 7 8 9 10
Last year, a company introduced a new version of its main product. The product costs $24002400 to develop (i.e. the start up costs) and $3535 to manufacture each product. Do all the following problems on your page: i) Give a linear equation in the form C(n)=mn+bC(n)=mn+b that gives the total cost to produce nn of these products. Give your answer in function notation. No steps or work are required, just give the function. ii) Find the total cost to produce n=3500n=3500 of these products. Show what numbers you used in your arithmetic calculations. Use function notation in your work. Answer in a complete sentence form with units and context. iii) If the company has $5315053150, how many of these items can be produced? Use function notation in your work. Answer in a complete sentence form with units and context.
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Every year, there is some form of construction work going on at UF's campus. In January 2018, bids were opened for a new building on campus for UFPD. The bid/construction value of the building was set at $5 Million. Another building of similar structure and purpose is planned with a bid opening in January 2023. What is the expected bid for the new building? It is given that in January 2000, the Florida Construction Cost Index had a value of 5550, while in January 2018, that value was 8000. You can use these price indices to calculate an average inflation in construction costs.
If accounting profits are $6000 and explicit cost are $2200 Calculate total revenue
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A Company manufactures and sells one product. The product has the following cost and revenue data Selling price Per Unit (AED) 85 Variable cost Per Unit (AED) 30 Total fixed expenses per month are as follows: Expenses types AED Advertising 207,469 Rent 100,000 Heating 100,000 The company produced and sold 10,000 units during the month and had no beginning or ending inventories a. How many units would the company have to sell to have a profit of AED 120,000?
only d,e,f please
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