Suppose a company has fixed costs of $54,400 and variable cost per unit of 1/3x +...
Suppose a company has fixed costs of $54,400 and variable cost per unit of 1/3x + 333 dollars,
where x is the total number of units produced. Suppose further that the selling price of its product is
2065 - 2/3x dollars per unit.
(a) Find the break-even points.
(b) Find the maximum revenue.
(c) Form the profit function P(x) from the cost and revenue functions.
Find maximum profit.
(d) What price will maximize the profit
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Suppose a company has fixed costs of $54,400 and variable cost
per unit of 1/3x +...
Suppose a company has fixed costs of $51,200 and variable cost per unit of 1 3...
Suppose a company has fixed costs of $51,200 and variable cost per unit of 1 3 x + 333 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1965 − 2 3 x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) x = (b) Find the maximum revenue. (Round your answer to the nearest cent.) $ (c) Form the profit function...
3. A certain company has fixed costs of $15,000 for its product and variable costs is...
3. A certain company has fixed costs of $15,000 for its product and variable costs is given by 140 +0.04x dollars per unit where x is the total number of units. The selling price p of the product is given by 300 -0.06x dollars per unit. (6 pts) a) Set up the functions for total cost and total revenue. b) Find the minimum break even quantity. c) Set up the profit function and compute the number of units that will...
Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and...
Megan Company has fixed costs of $1,675,000. The unit selling
price, variable cost per unit, and contribution margin per unit for
the two company's follow:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $880 $440 $440 Zoro 620 480 The sales mix for products...
Steven Company has fixed costs of $185,484. The unit selling price, variable cost per unit, and...
Steven Company has fixed costs of $185,484. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $768 $288 $480 Y 323 173 150 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number. units...
Steven Company has fixed costs of $276,000. The unit selling price, variable cost per unit, and...
Steven Company has fixed costs of $276,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $864 $324 $540 Y 731 391 340 The sales mix for product X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. units
Steven Company has fixed costs of $158,884. The unit selling price, variable cost per unit, and...
Steven Company has fixed costs of $158,884. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit $1,008 $378 $630 688 368 320 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number. units of units...
2-22 A small company manufactures a certain product. Variable costs are $20 per unit and fixed...
2-22 A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price-demand relationship for this product is P-0.25D 250, where P is the unit sales price of the product and D is the annual demand. Total cost Fixed cost + Variable cost Revenue Demand x Price e Profit Revenue-Total cost Set up your graph with dollars on the y axis (between 0 and $70,000) and, on the x axis, demand D:...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit $480 $280 $200 640 560 80 The sales mix for Products and ZZ is 45% and 55%, respectively. Determine the break even point in un s o an ZZ if re une round your answer, to the nearest shoe nu bet a. product...
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per...
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per unit Variable Cost per unit Contribution Margin per unit X $1,216 $456 $760 Y 409 219 190 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. (?)units
produces a product with fixed costs of $54,100 and variable cost of $2.90 per unit. The...
produces a product with fixed costs of $54,100 and variable cost of $2.90 per unit. The $24,000 profit and believes it can sell 11,000 units of the product. Round your answer to 2 decimal places ed 60 108 $144,000 a. What is the break-even point in dollars? In units? b. To obtain a profit of $48,000, what must the sales be in dollars? In units? c. If the sales price increases to $72 and variable costs do not change, what...
3. A certain company has fixed costs of $15,000 for its product and variable costs is given by 140 +0.04x dollars per unit where x is the total number of units. The selling price p of the product is given by 300 -0.06x dollars per unit. (6 pts) a) Set up the functions for total cost and total revenue. b) Find the minimum break even quantity. c) Set up the profit function and compute the number of units that will...
Megan Company has fixed costs of $1,675,000. The unit selling
price, variable cost per unit, and contribution margin per unit for
the two company's follow:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $880 $440 $440 Zoro 620 480 The sales mix for products...
Steven Company has fixed costs of $158,884. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit $1,008 $378 $630 688 368 320 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number. units of units...
2-22 A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price-demand relationship for this product is P-0.25D 250, where P is the unit sales price of the product and D is the annual demand. Total cost Fixed cost + Variable cost Revenue Demand x Price e Profit Revenue-Total cost Set up your graph with dollars on the y axis (between 0 and $70,000) and, on the x axis, demand D:...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit $480 $280 $200 640 560 80 The sales mix for Products and ZZ is 45% and 55%, respectively. Determine the break even point in un s o an ZZ if re une round your answer, to the nearest shoe nu bet a. product...
produces a product with fixed costs of $54,100 and variable cost of $2.90 per unit. The $24,000 profit and believes it can sell 11,000 units of the product. Round your answer to 2 decimal places ed 60 108 $144,000 a. What is the break-even point in dollars? In units? b. To obtain a profit of $48,000, what must the sales be in dollars? In units? c. If the sales price increases to $72 and variable costs do not change, what...
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