2-17. A tire manufacturer produces tires at a variable cost of $25 per unit. The plant has annual sales of $480,000 at a price of $40 per unit. Find the breakeven point in units of production. The annual fixed costs for the plant are $150,000.
Q: Mention one example of Public International Law and one example Private International Law
A: Public international law and private international law are two distinct categories of law, with the…
Q: A project capitalized for ₱45,000 invested in depreciable assets will earn a uniform, annual income…
A:
Q: Analyze the decision tree below to answer the following question: Don't Enter $1 billion, $2 billion…
A: To solve extensive form games we use backward induction always. So here we have two games and we…
Q: ssume you were invited as a resource speaker to your fellow age group during an Environmental…
A: Disasters strike all across the world on a regular basis. People are widely dispersed and live in a…
Q: 3. In the following mergers with a merger type and, for each, explain why Types: Horizontal,…
A: A merger occurs when two firms merge into one, either by closing one and creating another or by one…
Q: The pressures on the foreign exchange market are such that they cause the British pound to…
A: Depreciation of Currency: The depreciation of currency means a fall in the purchasing power of…
Q: In economics, "the long-run" is referred to as a period in which the amounts of capital are…
A: In economics, period (time) is generally divided into 2 parts i.e. short-run period and long-run…
Q: Your firm has an average-risk project under consideration. You choose to fund the project in the…
A: Internal rate of return is a method of calculating an investment’s rate of return. The term internal…
Q: Eurobike, based in Germany will need TL2 mn in 2 years to pay for imports. The annual interest rate…
A: The spot rate on an interest rate, a commodity, a securities, or a currency is the price stated for…
Q: This question is based on the following chart below. 1977 Avg 1999 Avg Income Group Income Income…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 10.Consider a price-taking firm that has total fixed cost of $50 and faces a market- determined…
A: Marginal product can be understood as the change in total output by employing one additional labor…
Q: What factors influence your decision of where to put your money? a. How do you want to receive…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: Output in an economy is given by the production function, Y=A(UKK) 0.30 (UN) 0.70, where Y is output…
A: The production function of an endeavor is a relationship between inputs used and yield made by a…
Q: A10 Philip Cross: The government is driving inflation 1. Fiscal stimulus 2. Passing the costs on to…
A: When there is a rise in the interest rate then it makes borrowing expensive. This discourages…
Q: computerized wood lathe, costing P25,000, will be used to make ornamental parts for sale. Receipts…
A: Cost of computerized wood lathe = $25000 Life of equipment = 10 years Salvage value of equipment =…
Q: What us the Prisoner's Dilemma? How cab it affect the pricing decision of a frim and how to avoid…
A: In the game theory, prisoner's dilemma is one of the important game to understand as it is…
Q: A wholesaler (upstream firm) sells a product to a retailer (downstream firm). Both the wholesaler…
A: Profit maximization is a system enterprise corporations go through to make certain the fine output…
Q: A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount at…
A: Payment made quaterly = $5000 The time period for which the payment was made = 10 years Interest…
Q: $5 $4 $3.5 $3 $2.5 $2 $1.25 MR $0 15 25 30 50 Quantity Refer to the graph shown. If the monopoly…
A: A system is said to be monopolistic when there is only one vendor in the market.The monopoly…
Q: 10.Consider a price-taking firm that has total fixed cost of $50 and faces a market- determined…
A: The measure that depicts expenses being incurred for carrying out transactions of the business is…
Q: The function Q = F(p,ps,y) describes how the monthly demand, Q (measured in 100s of Widgets), for…
A: Substitutes refer to the good or service that consumers use in place of a particular good or…
Q: Consider the following extensive-form game under perfect information: pl/1 R pl/2 pl/2 (4,2,2)…
A: We have sequential move game for 3 players. Where player 1 moves first, then player 2 moves and in…
Q: According to the midpoint method, the price elasticity of demand between points A and B is…
A: The measure that depicts the change in quantity demanded of a good with respect to change in price…
Q: A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount at…
A: Pieces of information given in the question: Annuity = $5000Annuity made = QuarterlyTime = 10…
Q: Consider a distribution or a data set with different values of mean, median and mode. Comment upon…
A: The value of the mean, median, and mode is used to interpret the nature of the symmetry.
Q: A bulldozer was bought for ₱ 0.50M and have an estimated useful life of 10 years after which it will…
A: A capitalized cost is an price delivered to the value foundation of a set asset on a company's…
Q: what do you know about the Role of Indonesian Cooperatives in the National Economic Development…
A: Cooperatives are people-centred enterprises owned,controlled and managed by their members. It works…
Q: Nicolas has purchased a streaming audio service for $8.00 per month. As he listens to more songs in…
A: Fixed cost means the when producer spent money on fixed factor for production process.
Q: There are three kinds of individuals in a community: a low risk type (L) whose probability of…
A: The predicted net pay-off of actuarially fair insurance is $0.An insurance contract is actuarially…
Q: Consider an endowment setting where (@1, 2) = (1, 1). Assume that x₁, x₂ are ordinary goods. x₁ is…
A: Inferior goods refers to the type of goods which has inverse relation with income of the consumer.…
Q: Consider a market of good X with demand and supply functions/equations. Qd = -8p+1000 Qs = 4p-200 a)…
A: Price ceiling refers to the maximum legal price that can be charged for a good. Binding price…
Q: Question 82 An important lesson of price discrimination is that: price discrimination will always…
A: Price discrimination is a selling procedure that charges clients various costs for a similar item or…
Q: project capitalized for ₱45,000 invested in depreciable assets will earn a uniform, annual income of…
A: Capitailzed Cost 45000 Annual Income 19945 Annual Cost 9000 Tax and insurance 4% i.e.…
Q: In Thailand market, suppose that gold has an estimated price elasticity of demand of -1.2.…
A: price elasticity of demand refers to the percentage change in quantity demanded due to percentage…
Q: Suppose a firm is considering whether to undertake research to develop a new technology.…
A: Market failure is described as a situation in which goods and services are inefficiently distributed…
Q: Suppose the economy is in long-run equilibrium. Then because of the COVID pandemic, people become…
A: Here, it is given that people become worried about their future income due to COVID-19 pandemic and…
Q: hand written plz Analyze the decision tree below to answer the following question: Don't Enter $1…
A: We always use Backward Induction to solve extensive form games and we will be using the same in this…
Q: Choose between the two proposals below. (i=7% APR) $1,000 NPW. $800 A 환 0 1 2 YR NPW. B 0 A=$1,200 1…
A: proposal A Initial cost = 1000 Cash inflow in year1 = 800 Cash inflow in year2 = 1000 proposal B…
Q: wants Amelia to go to bed by BPM and only eat healthy snacks ha, however, can be difficult when…
A: When the principal and the agent have a conflict of interest, the principal-agent is formed as same…
Q: I need help with the question 1. “Brightwheel” pitch number 2 is about SignalVault
A: Startup is a word that has become very famous these days and this startup culture is generating a…
Q: Scenario 17-2 Imagine that two oil companies, Big Petro Inc. and Gargantuan Gas, own adjacent oil…
A: Profit for Big Petro Inc. = Total revenue - Total cost
Q: IV. A small business determined that the price-demand and cost functions for producing and selling x…
A: Ans. IV The profit function is the difference between total revenue and total cost. To find the…
Q: 20. Marta purchased a sweater for $15.67, a pair of socks for $2.13, and a bracelet for $6.78. For…
A: Sweater cost = 15.67 Socks cost = 2.13 Bracelet cost = 6.78.
Q: for her 8th slice of cheesecake each week. Because she has to pay only from the From the previous…
A: Consumer surplus = Willingness to pay - Price that the consumer actually pays
Q: Small change in demand taking place in a longer duration is treated as an a. disturbance b. Major…
A: At the marketplace, demand refers to the desire and ability of the people to buy a product to…
Q: Questions 3. For each of the following production functions, determine whether it exhibits…
A: "In economics, production function indicates the relationship between the factor inputs used in the…
Q: A consumer's income in the current period is y = 100, and income in the future period is y' = 120.…
A: Lifetime wealth = Present value of lifetime disposable income. The lifetime budget constraint is Y1…
Q: You have a habit of drinking a cup of Starbuck coffee ($2.00 a cup) on the way to work every morning…
A: Given values: The price of a Starbuck coffee = $2 per cup Number of year = 30 years Interest…
Q: Is the owner of a bank considered part of the bourgeoisie class?
A: Capitalist economy: - it is that economic system where the price, quantity, and types of goods and…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- A manufacturing company leases a building for $100,000 per year for its manufacturing facilities. In addition, the machinery in this building is being paid for in installments of $20,000 per year. Each unit of the product produced costs $15 in labor and $10 in materials. The product can be sold for $40. what are the following 1. How many units per year must be sold for the company to breakeven? 2. If 10,000 units per year are sold, what is the annual profit? 3. If the selling price is lowered to $35 per unit, how many units must be sold each year for the company to earn a profit of $60,000 per year? 4. If the labor cost is increased by 10% and materials cost is increased by 5%, the number of units to break even is closest to:n Project A Project B 0 -$7,000 -$5,000 1 -$2,500 -$2,000 2 -$2,000 -$2,000 3 -$1,500 -$2,000 4 -$1,500 -$2,000 5 -$1,500 -$2,000 6 -$1,500 -$2,000 7 - -$2,000 8 - - Suppose projects A and B are mutually exclusive. The required service period is 8 years and comparable equipment will be leased for $3,000 per year payable at the end of each year for the remaining years of the required service period. Which project is a better choice at 15%? Use PW(15%) criterion and show your equation with numbers plugged into factors and your numerical result for each option.A fabrication company engaged in production of a motor part has a production capacity of 700, 000 pieces per year. But, it is just operating at 62% of its full capacity due to unavailability to finance the importation of their materials. The company has an annual income of P 430, 000.00, annual fixed cost are P 190, 000.00 and variable costs are P 0.348 per unit. How many productions of parts must be produced for break-even point? Given:Required:Solution:
- Lulu hypermarket estimates daily demand of 18 kgs for a product. It costs RO 100 to make and receive an order, and it takes 16 workdays to receive it. The annual holding cost is 25 % of purchase price. The price RO 2 per kg. The company is operating 5 days per week, and a total of 210 workdays in one year. What is the minimum annual total holding and ordering cost in RO? Round-up to the nearest integerThe Allianz Company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order $510 Relevant carrying costs per year for each product: Required annual return on investment 15% Required other costs per year $7 Annual demand is 30,000 products per year. The purchase price per product is $50. What is the annual relevant carrying costs?The following are data from a production, calculate; The Break-even point in terms of sales value and in . The production demand is at 20,000 units. What is the cw1ent production profit? If the management decides to lower dow11its selling price by 50% given the same demand, will this be a sound decision? Justify. Monthly Fixed Factory Overhead Cost = P600,000 Monthly Fixed Selling Overhead Cost = Pl20,000 Va1iable Manufacturing Cost per Unit = P220 Va1iable Selling Cost per Unit = P30 Variable Distribution Cost per Units = P50 Selling Price per limit = P400
- A company has a production capacity of 500 units per month and its fixed costs are P250,000 a month. The variable costs per unit are P1,150 and each unit can be sold for P2,000. Economy measures are instituted to reduce the fixed costs by 10 percent and the variable costs by 20 percent. Determine the old and the new break-even points. What are the old and the new profit at 100 percent capacity?The Asian Transmission Co. makes and sell automotive parts. Present sales volume is 50,000 units a year and selling price is P50.00 per unit. Fixed expenses is P180,000.00 per year and variable cost per unit is P35.00. What is the total profit / loss for the year if only 10,000 are sold? a. P30k b. P30k c. P70k d. P570kABC Corporation manufactures a certain product that sells for P5,000 each. The company’s maximum production capacity is 360 units per year. At present it is able to produce and sell 280 units a year. The cost to manufacture each product is P2,400 and the fixed operating cost per year is P520,000.1. What is the break – even sales volume of the product per year?2. What is the profit per year based on the present production – sales status?3. What is the loss if only 150 units were produced and sold in a year?
- Jumbo Company uses 1,100 units of an particular item each year. Carrying the item in inventory costs $200 per unit per year. It costs $150 for each order of the chemical. The firm uses the item at a constant rate each year. Calculate the Economic Order Quantity AND Use the data from problem above and assume that Jumbo Company operates 250 days per year. Also assume that its total usage is 1,100 units per year. There is a lead time of 2 days and Jumbo desires to keep a safety stock of 4 units. Calculate the reorder pointHw.146. Please set up an Excel spreadsheet, and show your work within the spreadsheet to complete the solution. 1. The demand for LED 60 Watt light bulbs sold at Home Depot can be shown by D(p) = -9p+750 where (p) is the quantity sold in hundreds and p is the price per bulb in dollars A. State the Revenue function for the LED bulbs. (Insert a text box in your spreadsheet.) B. Home Depot incurs fixed cost of $4000 and variable costs of .03 per bulb. Home Depot knows that to be competitive the bulbs must not exceed a price of $9.00 each. How much should the bulbs be sold so that Home Depot breaks even? C. What is Home Depots profit if it sells the bulbs for $7.50 eachA contractor has an excavator requiring repairs within her fleet of cquipment for executing projects. She is offered $6,000 for the equipment by another contractor but refuses to sell. Other financial details of the excavator are as follows: Repair cost of $4,000 Useful life of 5 years At the end of year 1, the operation and maintenance cost is pegged at $2.000. This value increases by $1,000, S1,200, S1,400, and $1,600 for the following years. At the end of year 1, the salvage value is pegged at $6,000. This value decreases by 25% for the following years. The minimum acceptable rate of return (MARR) is 12%. Due to the constant use and operation and maintenance required, determine how long this equipment should be kept by the contractor. N.B. SHOW THE DETAILED WORKINGS FOR EACH YEAR. DO NOT STOP AT YEAR AFTER THE ECONOMIC LIFE.