Requirements 1. Describe the production costs in the equation formY = f+ xX. 2. Assume Alta intends to produce 400 units next month. Calculate the total production costs for the month using (a) account analysis, (b) high- low method, (c) scattergraph method, and (d) regression analysis in excel.
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- Ella Ltd recently started to manufacture and sell productDG. The variable cost of product DG is £4 per unit and the totalweekly fixed costs are £18 000.The company has set the initial selling price of product DG byadding a mark up of 40 per cent to its total unit cost. It has assumedthat production and sales will be 3000 units per week.The company holds no stocks of product DG.Required:(a) Calculate for product DG:(i) the initial selling price per unit; and(ii) the resultant weekly profit. The management accountant has established that alinear relationship between the unit selling price (P in £)and the weekly demand (Q in units) for product DG isgiven by:P = 20 - 0:002QThe marginal revenue (MR in £ per unit) is related to weeklydemand (Q in units) by the equation:MR = 20 - 0:004Q(b) Calculate the selling price per unit for product DG that shouldbe set in order to maximize weekly profit. (c) Distinguish briefly between penetration and skimming pricingpolicies when launching a new…The country of Lydania has a complex network of pipelines that transports natural gas for millions of people. These pipelines are specifi designed for the transportation of natural gas and have limited uses outside the natural gas industry because of inherent industry regul These pipelines exemplify a(n) a Od intangible asset transaction-specific asset greenfield entry sunk costThe graph shown below is that of Do Drop In, a shop in the dry-cleaning industry. Cost and revenues (in dollars) 20 18 16 14 12 10 60 MR 120 180 240 MC D Quantity per period AC 300 360 420
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- Determine breakeven annual revenue: please draw CDFA university is trying to determine how much it should charge for tickets to basketball games to help offset the expenses of the new arena. The cost to build the arena including labor, materials. e tc. was $92 million. Each year the maintenance cost is expected to increase by 5% as the building gets older. 1l1e maintenance cost for the first year is $150.000. Utilities arc expected to average about $200.000 per year and labor costs $300,000. The average attendance at basketball games over the year is expected to be J00.000 people (or 100.000 tickets sold to events). Assuming the arena has no other source of income besides regular ticket sales (not including student tickets) for basketball games, what should the university charge so that it can recover at least a 6% cost of borrowing on its investment? ll1c university expects the arena to be used for 40 years and 10 have no appreciable salvage value.A certain masonry dam requires 500,000 cu.m. of gravel for its construction. The contractor found two possible sources for the gravel with the following data: Source A Source B 1.0 km Average distance, gravel pit to dam 4.0 km site Gravel cost/cu.m. at pit Purchase price of pit Road construction necessary Overburden to be removed at P50.00/cu.m. Hauling cost per cu.m. per km P415.00 ------- P800,000.00 P450,000.00 None 80,000 cu.m. P7.00 P7.00 Which of the two sites will give lesser cost?