A manufacturing company has a beginning finished goods inventory of $28, 600, cost of goods manufactured of $58, 800, and an ending finished goods inventory of $27,900. The cost of goods sold for this company is:
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- A firm fixed cost are $2000 and firm total cost of producing 100 units is $4000A company manufactures and sells book-cases .The selling price is $54.90 per book case.The total cost.The total cost function is linear, and cost amounts to $50,000 for 2,000 book-cases and $32,120 for 800 book-cases. (a)Write the equation for revenue.(b)Write the equation for total cost. (c)Find the break even point.Calculate the explicit cost if accounting profit is $3000 and the total revenue is $3900
- A manufacturing company produces solar panels. The variable costs are $20 per unit and fixed costs are $10,875. The price demand relationship for this product is P=-0.25Q+ 250, where P is the unit sales price of the product and Q is the demand of solar panels. Given the following: • Total cost = Fixed cost + Variable cost • Revenue = Demand x Price • Profit = Revenue - Total cost 26. The equation that represent the total cost is: a. ($10,875+$20) Q b. $10,875-$20 Q c. $10,875 × $20 Q d. $10,875+$20 Q 27. The equation that represent the total revenue is: a. $0.25Q²+$250Q b. - $0.25Q²+$250Q c. - $0.25Q²-$250Q d. $0.25Q²-$250QA company makes solar panels. The company's revenue function, in dollars, is R(n) =10n, where n is the number of panels produced. The cost function is C(n) 100 (2)30. R and C are shown on the graph below. 1000 800 600 400 200 1 20 40 60 80 100 in Number of Panels a) Estimate from the graph i) the break-even points ii) the number of panels that should be produced for maximum profit b) Write the equation for the profit function P. c) Graph P. d) Use your graph of P to estimate the number of panels that give maximum profit. e) How would your answers for break-even points and maximum profit change if ) the number of dollars of revenue per panel is increased slightly? ii) the cost function is changed to C(n) 100(2)35? f) What does the number that was changed in part e) ii) represent?| %3D DollarsThe cost of constructing an 8000 ft2 warehouse was $400,000. The ENR construction cost index was 6770 at that time. The cost of constructing asimilar building using an ENR index of 9088 is closest to:a. less than $450,000b. $537,000c. $672,000d. more than $700,000
- If AFC=60 and ATC=120 when output is 100, then total variable cost must be: 60 40 6000 8000Your boss is the director of reporting for the Athens County Construction Agency (ACCA). It has been his job to track the cost of construction in Athens County. Twentyfive years ago, he created the ACCA Cost Index to track those costs. Costs during the first year of the index were $14 per square foot of constructed space (the index value was set at 100 for that first year). This year a survey of contractors revealed that costs were $70 per square foot. (a) What index number will your boss publish in his report for this year? (b) If the index value was 500 last year, what was the cost per square foot last year?A manufacturer of Chocolate has a fixed cost of Tk.60000 and variable cost is Tk.7 perproduced Chocolate. Selling price is Tk.10 per Chocolate.Requirement- At what number of units will break even occur and At what sales (revenue) volume will break occur?
- A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and Total Revenue = 2500X, where X is the number of wheel. Calculate the amount profit or loss required to make X = 1500 wheels.The cost for a 200-horsepower (hp) pump, with controller, is $22,000. The cost estimate of a similar pump of 300 hp capacity, provided the exponentin the cost-capacity equation is 0.64, is closest to:a. $12,240b. $28,520c. $33,780d. $39,550A company has a linear total cost function and has determined that over the next three months it can produce 10,000 units at a total cost of $4,50,000. This same manufacturer can produce 20,000 units at a total cost of $5,00,000. The selling price per unit is $7. a) Determine the revenue, cost and profit functions. b) Find the profit if 15,00000 units are produce. c) Find the break-even quantity. 4. d) What is the break-even dollar volume of sales?
