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Question 4 of 16 A machine manufacturer sells each machine for $6,300. The fixed costs are $254,000 per annum, variable costs are $2,000 per machine, and the production capacity is 71 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 if necessary d. What is the profit or loss made if 68 machines are sold in a year?

Question 4 of 16 A machine manufacturer sells each machine for $6,300. The fixed costs are $254,000 per annum, variable costs are $2,000 per machine, and the production capacity is 71 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 if necessary d. What is the profit or loss made if 68 machines are sold in a year?

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 40E
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Question 4 of 16 A machine manufacturer sells each machine for $6,300. The fixed costs are $254,000 per annum, variable costs are $2,000 per machine, and the production capacity is 71 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 if necessary d. What is the profit or loss made if 68 machines are sold in a year? Express the answer as a positive number for profit and negative number for loss, rounded to the nearest cent
Transcribed Image Text:Question 4 of 16 A machine manufacturer sells each machine for $6,300. The fixed costs are $254,000 per annum, variable costs are $2,000 per machine, and the production capacity is 71 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 if necessary d. What is the profit or loss made if 68 machines are sold in a year? Express the answer as a positive number for profit and negative number for loss, rounded to the nearest cent
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