The figure below shows graphs of the fixed cost function, total cost function and the total revenue function for a certain commodity. 20 Dollars (S) 8000 7000 6000 5000 4000 3000 2000 1000 -10 -1000+ 10 20 30 (a) What is the break-even point? (295,7650) (b) What are the fixed costs? $ Percent of capacity= TR 40 50 60 70 Units 80 TC If the selling price per unit is $90, and the variable cost per unit is $20: FC 90 100 enter the answer in the form (x,y) e.g. (c) If the maximum production capacity of the commodity is 110, express the break- even units as a percent of capacity? % (round to two decimal places if necessary)
The figure below shows graphs of the fixed cost function, total cost function and the total revenue function for a certain commodity. 20 Dollars (S) 8000 7000 6000 5000 4000 3000 2000 1000 -10 -1000+ 10 20 30 (a) What is the break-even point? (295,7650) (b) What are the fixed costs? $ Percent of capacity= TR 40 50 60 70 Units 80 TC If the selling price per unit is $90, and the variable cost per unit is $20: FC 90 100 enter the answer in the form (x,y) e.g. (c) If the maximum production capacity of the commodity is 110, express the break- even units as a percent of capacity? % (round to two decimal places if necessary)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:X The figure below shows graphs of the fixed cost function, total cost function and the
total revenue function for a certain commodity.
20
8000+
7000
6000
5000
4000
Dollars ($)
3000-
2000
1000
-10
-1000+
10
20 30
(a) What is the break-even point?
(295,7650)
(b) What are the fixed costs? $
Percent of capacity=
40
Units
Next Question
50
TR
If the selling price per unit is $90, and the variable cost per unit is $20:
TC
FC
60 70 80 90 100
(c) If the maximum production capacity of the commodity is 110, express the break-
even units as a percent of capacity?
enter the answer in the form (x,y) e.g.
% (round to two decimal places if necessary)
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