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- A publisher for a promising new novel figures fixed cost (overhead advances promotion copy editing typesetting, and so on) at $63,000 and variable cost (printing paper binding shipping) at $2.70 for each book produced if the book is sold to distributors for $11 each, how many must be produced and sold for the publisher to break even break even. Round to nearest integer as needed.T/F The fixed cost remains same at all level of output.Q.6 To express relationship between the average cost functions, which of the following is true: (a) ATC = AFC - AVC. (b) AVC= AFC + ATC. %3D (c) AFC= ATC + AVC. (d) AFC= ATC – AVC. %3D
- If the ATC of 20th unit is $35, then ____.a) the AVC is rising between the 20th and 30th unitsb) the MC of the 30th unit is $200c) the TC of the 20th unit is $900d) the TC of the 30th unit is $1,200Owen conner works part time packaging software for a local distribution company in indiana. The annual fixed cost is $15,000 for this process, direct labor is $4.00 per package, and material is $5.00 per package. The selling price will be $15.00 per package. How much revenue do we need to take in before breaking even? What is the break even point in units?When the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed costs (900) Riyals then What is the average variable cost
- When the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed costs (900) Riyals then What is the variable cost ?A company manufactures and sells book-cases .The selling price is $54.90 per book case.The total cost.The total cost function is linear, and cost amounts to $50,000 for 2,000 book-cases and $32,120 for 800 book-cases. (a)Write the equation for revenue.(b)Write the equation for total cost. (c)Find the break even point.Fixed cost Variable cost No. of cupcake Total cost (FC+VC) $420 $2.10 1 $422.10 $420 $42.00 20 $462.00 $420 $84.00 40 $504.00 $420 $126.00 60 $546.00 $420 $168.00 80 $588.00 $420 $210.00 100 $630.00 TC = $420 + 2.1x R= 4.90(x) (I) Graph both functions on the same coordinate axes.(II) From your graph find coordinatae at which cost equals revenue.(III) Using your graph, determine how many cupcakes need to be made to produce revenueof at least $1,029.How much profit is made for this number of cupcakes?
- Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and unit variable costs of $5 per pair. If the company charges $15 per pair, how many pairs must it sell to break even?Price and cost ($ per 1,000-gallon unit) Return t A municipal water utility employs quasi-fixed capital inputs-the water treatment plant and distribution lines to homes-to supply water to 20,000 households in the community it serves. The figure below shows the cost structure of this utility for various levels of water service. Quantity of water consumption is measured in 1,000-gallon units per month. AQFC is the average quasi-fixed cost curve, and LAC is long-run average cost. Long-run marginal cost, LMC, is constant and equal to $4 per 1,000-gallon unit. The inverse demand equation is P= 24 -0.0004Qd 10 14 MR Quantity (1,000-gallon units per month) Quasi-fixed capital inputs cost per month is $ LAC AQFC LMC DA firm fixed cost are $2000 and firm total cost of producing 100 units is $4000