The following figures are available in respect of a concern Fixed Cost Rs 1,20,000 Variable cost per unit Rs. 3.00 Selling price per unit Rs. 7.00 Determine: (1) P/V Ratio (ii) B.E.P (i) Profit when the output is 50,000 units (iv) Profit with 5% increase in selling price. 2541 219
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- If company A manufactures t-shirts and sells them to retailers for US$9.80 each.It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers.The demand for its product is p = 15-x/ 125, its production cost per unit is US$5.00 and its fixed cost are the same as for company A . How many t-shirts must company B sell to maximise its profit?Suppose a company has fixed costs of $300 and variable costs of 3/4 x+1460 dollars per unit, where x is thetotal number of units produced. Suppose further that the selling price of its product is 1500−1/4 x dollars per unit.(a) Find the break-even points.(b) Find the maximum revenue.(c) Form the profit function from the cost and revenue functions and find maximum profit.(d) What price will maximize the profit?Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and unit variable costs of S5 per pair. If the company charges $15 per pair, how many pairs must it sell to break even ? And what dollar profit level would the company achieve if 15 million kits were sold ? Please show the necessary steps of how to get the results.
- The diagram illustrates isoprofit curves and the marginal cost curve of MQ2020, a luxury car manufactured by MQ Motors. Which statement incorrectly describes the diagram? 10,000 9,000 8,000- 7,000- 6,000- 5,000- 4,000 3,000 2,000 1,000 Price, marginal cost (5) C(8,7500) *A (35,6000) (40, 3300) Profit-QP-AC) Marginal cost hoprofit curve $150,000 boprofit curve $70,000 Zenic procure (AC 0 0 10 20 30 40 50 60 70 80 90 100 110 120 Quantity of cars, Q Select one Oa if the price is equal to the average cost, MQ Motors' profits decrease until it sells 40 cars, and then start to increase. Ob Given the same quantity of cars, MQ Motors" profits increase as price increases. OC The shape of MQ Motors' cost function affects the shape of their isoprofit curves Od. MQ Motors incurs increasing marginal cost Oe It MQ Motors sells 35 cars at P-$5,000, it makes profits higher than $70,000.. A call center in India used by U.S. andU.K. credit card holders has a capacity of1,400,000 calls annually. The fixed cost ofthe center is $775,000 with an averagevariable cost of $2 and revenue of $3.50 percall.(a) Find the percentage of the capacitythat must be placed each year tobreak even.The cost, in dollars, of producing x yards of a certain fabric is C(x) = 900 + 12x - 0.1x² +0.0005x³ and the company finds that if it sells x yards, it can charge p(x) = 27-0.00021x dollars per yard for the fabric. (a) Graph the cost and revenue functions. y 8000 6000 4000 2000 y 15 000 10 000 5000 R C 100 R =² C 100 200 200 300 300 X 400 400 X Use the graph to estimate the production level for maximum profit. 283.092 x yards y 15 000 10 000 5000 y 15 000 10 000 5000 R 100 R C 100 200 200 (b) Use calculus to find the production level for maximum profit. (Round your answer to two decimal places.) 186.63 yards 300 300 400 400 X
- If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs of $2625 related to the production of the t-shirts, and the production cost pe unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers. X The demand for its product is p = 15 - 125 ,its production cost per unit is US$5.00 and its fixed cost are the same as for company A. (i) Derive the total revenue function, R(x) for company A. (ii) Derive the total cost function, C(x) for company A. (iii) Derive the profit function, II(x) for company A.What are the fixed cost and variable cost form th ebelow list? 3000 Bottles price 25782.62 years Website hosting 1201.28Stickers printing price 5723.45Shipment of stickers 2280Delivery Order charges 3793.32Customs duty 744Clearance 360Shipping documentation 413MPL charges 554.38Rent of warehouse 6500Wages 3000Raw Materials 4000Unit Selling priceDevelop a plot of the average cost per unit versusproduction quantity for the houseware applianceassembly department of Ace-One, Inc., that has afixed cost of $160,000 per year and a variable costof $4.00 per unit; use it to answer the followingquestions.(a) At what quantity is a $5 per unit average costjustified?(b) If the fixed cost increases to $200,000, plot thenew curve on the same graph and estimate thequantitythat justifies an average cost of $6 per unit.
- A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma, etc). The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed 9 cost of $62,308 and a variable cost per unit of XL7510 equal to 202 + - dollars, where is the total 10 number of XL7510s produced. Suppose further that the selling price of this product is 1118 The x-values of the break-even points are The maximum revenue is Form the profit function: P(x) = = The maximum profit is The price that will maximize profit is 1 - dollars per unit of XL7510. 10 dollars (round to the nearest cent) dollars (round to the nearest cent)(1) The revenue for a product is R(x) = -0.004x? + 21x cost is C(x) = 0.02x + 38, for x units produced and sold. (a) Find the marginal profit for 2800 units. (b) Should output be increased or decreased to generate a higher profit? 6200 and theCalculate Total revenue is per unit price is $10 and output is 320