Suppose the cost and the demand for a daily product is: C=10 d(p) = D(1 - w(p)) = 200-10p What is the total contribution (profit) based on the optimal price?

Q: The slope of the cost line on a graph represents: a) variable cost per unit. Ob) total fixed cost.…

A: Answer:-  Variable cost meaning:- An expense for the company that varies according on how much is…

Q: Which one of the following statement best describe the unit variable cost: Select one: O a. Remains…

A: The Question has covered the concept of Variable Cost. The cost which is increases with level output…

Q: At the break-even point: O a Sales would be equal to contribution margin. Ob Sales Would be equal to…

A: Break-Even Point: This is a point where total revenue and total cost are equal and the company is…

Q: Which of the following is determined by subtracting all variable costs from the total selling price?…

A: Income statement is a financial statement that shows profitability, total revenue and total…

Q: 1. At the break-even point than a yot nisb a. Contribution margin = fixed costs b. Variable costs =…

A: Break even point resents the level of sales or revenue at which total costs (fixed costs and…

Q: a) What effect does an increase in volume on each of the following: 1) Unit fixed costs 2) Unit…

A: Fixed Cost In a simple term fixed cost which describe as cost which was incurred in the entity which…

Q: True or false: The breakeven point in dollars can be computed by dividing the contribution margin…

A: Solution Concept Breakeven point is the point at which the contribution generated covers the fixed…

Q: 22. At the break-even point, fixed cost is aiways a. Equal to the contribution margin h. More than…

A: The Break-even point is the level of operation at which the company is in a no-profit / no loss…

Q: 2. Determine the missing amounts. Contribution Margin Contribution Margin per Unit Unit Selling…

A: The missing figures in the above table.

Q: Spencer Chemical Corporation produces an oil-based chemical product which it sells to paint…

A: Hi studentSince there are multiple questions, we will answer only first question.Variable costs are…

Q: Suppose that the elasticity of demand at a given price level is E(p)=.8. What does that mean? Select…

A: Answer -The company should lower the prices to raise revenues. Since 0<E(p)<1, demand is…

Q: Which of the following describes the behavior of the fixed cost per unit?

A: Fixed cost is the cost which is doesnt change gets effects with the change in production which means…

Q: Sort the following contribution margin income statement line items in the correct order from top…

A: Operating income is calculated after deducting the variable costs and fixed costs from the total…

Q: Profit volume ratio is used for the calculation of: Select one: O a. For all options provided b.…

A: The profit-volume ratio, which is commonly calculated as a percentage, reflects the connection…

Q: How would the equation for total costs be written using the following? y = total costs v =…

A: Variable costs are costs that change with change in volume of production . Whereas, Fixed costs…

Q: (Profit) What is the impact of decreasing/increasing radius kettle (m) with regarding to heat time?…

A: Just as radius kettle (m) and heat time are correlated so is profits being earned or generated by a…

Q: At this price, we would say the demand is: O Elastic O Unitary O Inelastic Based on this, to…

A:

Q: Which of the following would be considered as a limiting factor to maximize the profit? O a. Book…

A: Limiting factors can be defined as the constraints in availability of production resources in order…

Q: 2. Consider the production functions given below: a. Suppose that the production function faced by a…

A: The objective of the question is to analyze the production function of a bread producer, determine…

Q: Contribution margin is selling price plus unit cost. True or false

A: Contribution Margin is the income before deduction of any fixed cost. Contribution margin = Selling…

Q: ***

A: Marginal profit is profit on additional units units. Profit can be calculated by deductions of cost…

Q: Suppose we have a product with the following conditions: The consumer's maximum willingness to pay…

A: a) Consumer surplus is calculated as below: Answer: CS = 1

Q: Suppose that the utility function for two goods X and Y is given by  U = x2y. (a) Write the…

A: Ans. ) Given the utility function for two goods X and Y is given by: U = x2y, where x and y…

Q: Select the correct statement concerning the below cost-volume-profit graph: Line E A O a. None O b.…

A: Margin of safety=Budgeted sales in dollars-Break even level in sales dollars

Q: Which of the following best describes a variable cost? A cost that: a. Represents a fixed…

A: Variable cost is the cost incurred during the production of units which will be directly…

Q: At the breakeven point Select one: O a. Sales will be equal to variable costs plus fixed costs b.…

A: Formula: Break even point in units = Fixed costs / contribution margin Contribution margin means…

Q: 2)The contribution-margin ratio is: A) fixed cost per unit divided by variable cost per unit. B)…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Which one of the following is an example for variable cost? O a. Salary with commission O b.…

A: Variable cost is a cost that keeps on changing with the changes in the level of activity.

Q: In the cost behavior equation, b*X denotes the variable cost per unit. Select one: O True O False

A: Cost behavior serves as an indicator of how a cost will vary overall when an activity is changed.…

Q: Consider a market with the following supply and demand.  (It may help to draw a graph for these…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: 26. I. The higher the production within relevant range, the higher is fixed cost per unit. II. The…

A: Costs can be classified as variable costs or fixed costs. Fixed costs remain unchanged with change…

Q: Answer the question on the basis of the following marginal utility data for products X and Y. Assume…

A: The objective of the question is to determine the quantities of products X and Y that should be…

Q: Why is variable cost $174?

A: Variable costs are the costs which are directly related to the production of a unit. If there is no…

Q: For the given cost function C(x) = 28900 + 500x + x², First, find the average cost function. Use it…

A: Average cost function  = C(x) / x = (28900+500x+x2)/x

Q: How do you find the maximum profit and loss percentage using these graphs? Long put Payoff Kluss st…

A: A put option is a financial instrument in which the holder is granted the ability, but not the…

Q: 7. Which of the following is a correct formula to calculate contribution margin ratio (CM ratio)?…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: he Thotho income statement variable costing

A: In variable costing income statement, the sale revenue is reduced by all the variable cost to arrive…

Q: (a) What is the gross margin now? Gross margin (b) What is the net operating income now? Net…

A: Solution Concept Let us look at the formula used Gross margin     = sales – cost of goods sold Net…

Q: Within the relevant range: Select one: O A. variable cost per unit decreases as production…

A: Within the relevant range: (B) Fixed cost increases as the production decreases. With fewer goods…

Q: If fixed costs increase, what would be the impact on the (a) contribution margin?

A: Fixed cost means the cost which do not vary with the level of output where as variable cost will…