1. What is the equation for the isocost? 2. What is the value of the slope of the isocost? 3. Interpret the economic meaning of the slope of the isocost
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- How do the Modified Accelerated Cost Recovery System (MACRS) givetaxpayers a break?The Philippines Transmission Co. makes and sells certain automotive parts. Present sales volume is 483,000 units a year at a selling price of fifty centavos (P0.50) per unit. Fixed expenses total P80,000 per year. a. What is the present total profit for a year?b. What is the break-even point in pesos per unit?The ore of a gold mine in the province contains, on average, 0.5 ounce of gold per ton. Method A ofprocessing costs 150Php/ton and recovers 93% of the gold, while Method B costs only 120Php/tonand recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by howmuch?a. Method A, by 43Phpb. Method A, by 42Phpc. Method B, by 42Phpd. Method B, by 43Php
- Night Shades. Incorporated, manufactures biotech sunglasses. The variable materials cost is $12.14 per unit, and the variable labor cost is $6.89 per unit. a. What is the variable cost per unit? b. Suppose the company incurs fixed costs of $845,000 during a year in which total production is 210,000 units. What are the total costs for the year? c. If the selling price is $49.99 per unit, does the company break even on a cash basis? If depreciation is $450.000 per year, what is the accounting break-even point? Pls don't copy answerFCR and Average daily gain are measured in a continuous scale. true or falseQ5) A firm is planning to manufacture a new product. The sales department estimates that the quantity that can be sold depends on the selling price. As the selling price is increased, the quantity that can be sold decreases. Numerically they estimate: P = $35.00 - 0.02Q where P =selling price per unit Q = quantity sold per year On the other hand, the management estimates that the average cost of manufacturing and selling the product will decrease as the quantity sold increases. They estimate C = $4.00Q + $8000 where C = cost to produce and sell Q per year The firm's management wishes to produce and sell the product at the rate that will maximize profit, that is, where income minus cost will be a maximum. What quantity should the decision makers plan to produce and sell each year?
- Please answer the correct answer ASAP please Don't answer by pen paper please calculation correctBVM manufactured and sold 25,000 small statues this past year. At that volume, the firm was exactly in a breakeven situation in terms of profitability. BVM’s unit costs are expected to increase by 30% next year. What additional information is needed to determine how much the production volume/sales would have to increase next year to just break even in terms of profitability? (a) Costs per unit (b) Sales price per unit and costs per unit (c) Total fixed costs, sales price per unit, and costs per unit (d) No data is needed, the volume increase is 25, 000 + 25, 000(0.30) = 32, 500 units.1) Classify each of the following cost items as mostly fixed or variable:a. Raw materialsd. Administrative salaries g. Direct laborj. Rentb. Depreciatione. Insurance (building & equipment) h. Suppliesk. Payroll Taxesc. Clerical salariesf. Property taxesi. Sales commissionsl. Interest on borrowed money
- Plan A (Depreciation 3422 ; total anual cost 23922) Plan B (Depreciation 4277 ; total anual cost 22857) Plan C (Depreciation 7071; total anual cost 24, 891) Plan D (Depreciation 7413; total anual cost 22533) All I need is a solution for the question. Our subject is engineering economics and the lesson is economic study methodPlease provide calculation and justificationWhat microenvironmental factors have influenced Primark’s performance over the past few years?