A machine manufacturer sells each machine for $7,700. The fixed costs are $289,800 per annum, variable costs are $1,950 per machine, and the production capacity is 63 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 59 machines are sold in a year? Round to the nearest cent
A machine manufacturer sells each machine for $7,700. The fixed costs are $289,800 per annum, variable costs are $1,950 per machine, and the production capacity is 63 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 59 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 $7,700. The fixed costs are $289,800 per annum, variable costs are $1,950 per machine, and the production capacity is 63 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 59 machines are sold in a year?
Round to the nearest cent
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