Homework Answers
5) ATC = 240
a) TC = ATC*Q = 240*400 = 96000
b) AR = 265 so TR= AR*Q = 265*400 = 106000
Profits = TR-TC = 106000-96000 = 10000
6) FC=200
P =40
Q= 60
At breakeven, TR=TC
TC=FC+VC = 200+VC
TR = P*Q = 40*60 = 2400
So, 2400 = 200+VC
VC = 2400-200 = 2200
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Hi could you show me how to solve for these. my book doesn't show an applicable method. thank you!
hi could you show me how to solve for these. my book
doesn't show an applicable method. thank you!
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PLEASE HELP AND SHOW WORK, please highlight answers, THANK
YOU!!
1.
2.
3.
4.
5.
Target Profit Forest Company sells a product for $265 per unit. The variable cost is $135 per unit, and fixed costs are $832,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $141,440. a. Break-even point in sales units b. Break-even point in sales units required for the company to achieve...
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hi could you show me how to solve for these. my book
doesn't show an applicable method. thank you!
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