A junk yard pulls parts off of wrecked vehicles and sells them to a wholesaler. If its total revenue function is TR = 20x and the total cost function is TC = 539 + 9x. The number of parts that the junk yard must sell to breakeven is parts.
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- Burnem Inc. manufactures thumb drives and sells them to a distributor. Burnem's total cost and total revenue (in dollars) for x thumb drives are given by the following equations. Total cost = 6(x + 4716) and Total revenue = 15x (a) How many thumb drives must Burnem sell to break even? X = thumb drives (b) What is the selling price of each item? $ (c) What are the fixed costs? $ (d) What is the marginal profit per item? $Assume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =Your small toy manufacturing facility has the following information: Revenue per toy $1.19 Fixed costs $11,500 Material cost per toy $0.385 Electricity cost per toy $0.034 Labor cost per toy $0.11 Break Even is defined as Revenue = Total Cost What is the quantity of toys that must be sold to break even?
- A company buys, sells, and repairs computer screens. Repairs screens for $8 per unit Fixed cost of equipment to repair screens is $400 Variable cost for screens fixing is $5 per unit 1) find a profit model. 2) find the break-even point for sales. Answorwhat is the Revenue, cost and profit functions for the problem below? Orange Company buys Product A for P15 per units and sells them for P25 per unit. There areno other variable costs. Fixed cost is P6,000. Use the breakeven formula to determine thefollowing:a. Revenue, cost and profit functions.Solve the problem. 6) At a manufacturing plant, the total cost (in dollars) to produce x items is C(x) = 2.04x + 2710. What is the average cost per item?
- Company manufactures and sells bikes. Each bike costs 18 R.O to make. The company’s fixed costs are 500 R.O. In addition, the company owners know that the price of each bike comes from the price function ?=60−1/2?a. Find the Break-even point of the company b. Find the number of bikes at maximum profit of the company c. Find the maximum revenue the company earnedHan Products manufactures 30,000 units of part S-6 each year for use on its production line. At this level of activity, the cost per unit for part S-6 is: Direct materials $ 5.10 Direct labor 7.00 Variable manufacturing overhead 2.40 Fixed manufacturing 18.00 overhead 32.50 Total cost per part An outside supplier has offered to sell 30,000 units of part S-6 each year to Han Products for $46.50 per part. If Han Products accepts this offer, the facilities now being used to manufacture part S-6 could be rented to another company at an annual rental of $767,000. However, Han Products has determined that two-thirds of the fixed manufacturing overhead being applied to part S-6 would continue even if part S-6 were purchased from the outside supplier.Compute for the Marginal cost: Jose Damasco a car manufacturer and he named it Damasco Car Mfg. In his first year of business he produces and sells 12 mini cars for P3,000,000.00 which cost him P 1,500,000.00 to make in his second year he goes on to produce and sell 18 mini cars for P4,500,000.00 mini cars which cost P2,250,000.00
- Brissett Corporation makes three products that use the current constraint, which is a particular type of machine. Data concerning those products appear below: GK LQ XK Selling price per unit $ 119.51 $ 226.07 $ 228.96 Variable cost per unit $ 89.87 $ 176.86 $ 178.92 Time on the constraint (minutes) 1.90 3.70 3.60 Required: A. Rank the products in order of their current profitability from the most profitable to the least profitable. In other words, rank the products in the order in which they should be emphasized. B. Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource?The total cost formula for a company can be modeled by TC = 12570+ 50x where x represents the number of items sold. A formula for the company's total income is modeled with TR 80x, where a represents the number of items sold. This company will breakeven when its total costs equal its total income. - How many items must this company sell to breakeven? Answer:A Company wants to introduce new product. The estimated price of each mobile phone is RO 60. The company requires a profit margin of 20% on sales. The estimated cost of manufacturing the product is : Material cost : RO 9.500 Labour Cost : RO 12.750 Other Direct Expenses : RO 7.500 Administrative Costs : RO 5.000 Marketing and Selling expenses : RO 15.000 Calculate the Target Cost of the product and the Target Cost Gap.