A 130,000-square-foot building is to be constructed on a university campus. You just received two sets of estimates: physical area and furnishings percentages, and the per unit cost factors, as shown below. Estimate the cost of the building and its furnishings. Type of Usage Classrooms Laboratories Offices Area, % of 130,000 27 37 36 22 78 Cost per ft², $ 128 188 113 153 28 Furnishings-labs Furnishings-all others The estimated cost of the building and its furnishings is $
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- The diagram illustrates isoprofit curves and the marginal cost curve of MQ2020, a luxury car manufactured by MQ Motors. Which statement incorrectly describes the diagram? 10,000 9,000 8,000- 7,000- 6,000- 5,000- 4,000 3,000 2,000 1,000 Price, marginal cost (5) C(8,7500) *A (35,6000) (40, 3300) Profit-QP-AC) Marginal cost hoprofit curve $150,000 boprofit curve $70,000 Zenic procure (AC 0 0 10 20 30 40 50 60 70 80 90 100 110 120 Quantity of cars, Q Select one Oa if the price is equal to the average cost, MQ Motors' profits decrease until it sells 40 cars, and then start to increase. Ob Given the same quantity of cars, MQ Motors" profits increase as price increases. OC The shape of MQ Motors' cost function affects the shape of their isoprofit curves Od. MQ Motors incurs increasing marginal cost Oe It MQ Motors sells 35 cars at P-$5,000, it makes profits higher than $70,000.Q.(i) . Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(a) Sales to earn profit of Rs. 8000.(b) Also show the BEPs in Breakeven chart. Q.(ii). Use the following information and explain that how the reduction in selling pricewould affect the MOS?Particulars Rs.Selling price per unit 40Material per unit 12Labour per unit. 8Variable Overheads per unit 4Total Fixed cost is Rs. 8, 000. Full capacity of the Plant is 5, 000 units.Reduced selling price is Rs. 32 per unit.Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost P8.00, annual demand of 40000, and ordering cost of P48. *
- Hi, what is the Average and Marginal Costs per RVU for the below scenario? 1. Calculate the costs 2. Show your calculations Scenario: Assume that during the FY2016 year, Camden Health LLC historical costs were $750,000 when 11,000 RVUS were produced and $950,000 when 14,000 RVUS were produced. The contract specifies that the number of RVUS per service CPT code are five (5). High Total Fixed Costs #RVUS high point Low Total Fixed Costs #RVUS low point #RVUS per CPT Projected #RVUS for the coming month $950,000 14,000 $750,000 11,000 5 10,000If company A manufactures t-shirts and sells them to retailers for US$9.80 each.It has fixed costs of $2625 related to the production of the t-shirts, and the production cost perunit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers. The demand for its product is p = 15 − x/125 , its production cost per unit is US$5.00 i (i) Derive the total revenue function,R(x) for company B.(ii) Derive the profit function,Π(x) for company B.(ii) How many t-shirts must company B sell to in order to break-even.(iv) How many t-shirts must company B sell to maximise its profit.Best Ink Printing Co. received an order to print a minimum of 50,000 tickets for a concert. They have three printing machines available to meet the order they received. The set-up cost of these machines and the unit cost/ticket printed using each machine along with their maximum production are provided in the table below: Machine A B 976400 C Cost per unit $18 $21 $24 Maximum Production 30,000 25,000 30,000 Formulate an all-integer linear programming model to find the required number of tickets produced by each machine in order to minimize the production cost. What is the optimal solution for the number of tickets produced by machine B?
- Use the values in the table below to answer the following questions. Q TC ATC 1 35.91 9 101.1 10 -(C)- 33 1070 34 -(D)- 35.91 -(A)- -(B)- 35320 -(E)- MC 16.88 107.6 127.4 1102 1167 Cell (A) stands for the total cost of 9 units. Its value should be A. 323.52 B. 909.8 C. 151.65 O D. 252.75A jeweler is considering producing a limited edition diamond bracelet, and she is trying to decide how many bracelets to produce. The table gives her estimated total cost for various production levels as well as the price she would charge for each bracelet. Number of bracelets 100 200 300 400 500 600 Total cost (thousands) Price per bracelet $215 $7900 $420 $7400 $625 $5900 $820 $5000 $1015 $4200 $1205 $3600 (a) of the production levels listed in the table, which gives the highest profit? (b) Estimate the marginal cost and marginal revenue when 400 bracelets are made. marginal cost $ marginal revenue $The owner shop is contemlating adding anew product which will require additional mouthly payment of 6000, variable costs would be brirr. 2 per new product & its selling price is brirr. 7 each How many new products must be sold in order to break even point?
- As an engineering student, when you look for an apartment, what economic criteria consistent with the subject matter of engineering economics do you apply? Note: Discuss not more than 100 words.Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and unit variable costs of S5 per pair. If the company charges $15 per pair, how many pairs must it sell to break even ? And what dollar profit level would the company achieve if 15 million kits were sold ? Please show the necessary steps of how to get the results.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?