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The variable cost to make a cellular device is $ 300 and the fixed costs are $ 1,400 per day. Decide:
a) The equation of the total cost "y" of manufacturing "x" cell phones per day
b) What is the cost of manufacturing 250 cell phones per day?
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- The total cost of producing w phone sets per day at Cutting Edge Electronics plant is $( ½ w2 + 70w + 50), and the price at which each set may be sold is $(100 – w). What should be the daily output of Cutting Edge Electronics so as to obtain a maximum total profit and show that the cost of producing a set is a relative minimum at that output.A company is planning to manufacture computer desks. The fixed cost will be $60,000 and it will cost $200 to produce each desk. Each desk will be sold for $450. a. Write the cost function, C, of producing x desks. b. Write the revenue function, R, from the sale of x desks. c. Determine the break-even point. Describe what thisA company produces televisions. The cost of producing x televisions per month is given by C(x) = 5,000 + 50x -0.25x². What is the value of the cost function when the marginal cost if $25 ?
- (3) A company manufacturing laundry sinks has fixed costs of $100 per day but has total costs of $2,500 per day when producing 15 sinks. The company has a daily demand function of q = 360 − p, where q is the number if laundry sinks demanded and p is te price of a laundry sink. (c) If production increases continuously, what is likely to be the average cost per sink?(d) How many laundry sinks will the company need to produce in order to maximise it′s profits?(e) What is the maximum profit?Using the high-low method, how much is the electricity costs if the actual machine hours used is 4,200?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
- A Company wants to introduce new product. The estimated price of each mobile phone is RO 60. The company requires a profit margin of 20% on sales. The estimated cost of manufacturing the product is : Material cost : RO 9.500 Labour Cost : RO 12.750 Other Direct Expenses : RO 7.500 Administrative Costs : RO 5.000 Marketing and Selling expenses : RO 15.000 Calculate the Target Cost of the product and the Target Cost Gap.Using the high-low method, how much is the electricity costs if the actual machine hours used is 4,200? (SHOW SOLUTION)Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75 per pound to produce. Product D would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. How do we calculate the differential cost of producing Product D?
- The estimated selling price of a new mobile phone is RO 85. The company wants to earn a markup of 25% on cost. The estimated actual cost is RO 72. The cost gap is: a. RO 4 b. RO 1 c. RO 3 d. RO 2Please explain each anwer with formula. Regarding the following information, how many machines would be needed to handle the required volume? Processing time per unit (minute) product demand A B C 1 16000 3 4 2 2 12000 4 4 3 3 6000 5 6 4 4 30000 2 2 1 In order to meet annual demand for all products, how many machines in each type are needed? Based on fixed annual cost (Alternative A with $40,000, B with $30,000 and C with $80,000), which type of machine and how many will cost least to satisfy the demand? Consider the operation of machines 10 hours per day and 200 days a year.The estimated selling price of a new mobile phone is RO 120. The company wants to earn a mark up of 20% on cost. The estimated actual cost is RO 101. The cost gap is: a. RO 2 b. RO 3 c. RO 1 d. RO 4
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