A machine manufacturer sells each machine for $7,400. The fixed costs are $281,900 per annum, variable costs are $1,750 per machine, and the production capacity is 64 machines in a year. a. What is the break-even volume? Round up to the next whole number b. What is the break-even revenue? Round to the nearest cent c. What is break-even as a percent of capacity per annum? Round to two decimal places d. What is the profit or loss made if 65 machines are sold in a year? Round to the nearest cent
A machine manufacturer sells each machine for $7,400. The fixed costs are $281,900 per annum, variable costs are $1,750 per machine, and the production capacity is 64 machines in a year. a. What is the break-even volume? Round up to the next whole number b. What is the break-even revenue? Round to the nearest cent c. What is break-even as a percent of capacity per annum? Round to two decimal places d. What is the profit or loss made if 65 machines are sold in a year? Round to the nearest cent
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
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A machine manufacturer sells each machine for $7,400. The fixed costs are $281,900 per annum, variable costs are $1,750 per machine, and the production capacity is 64 machines in a year.
a. What is the break-even volume? Round up to the next whole number
b. What is the break-even revenue? Round to the nearest cent
c. What is break-even as a percent of capacity per annum? Round to two decimal places
d. What is the profit or loss made if 65 machines are sold in a year? Round to the nearest cent
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