Solution-Calculate shutdown point of precision engineering

Calculate shutdown point of precision engineering department

Reference no: EM13828941

Precision Engineering department has collected data on its average costs of production for the past 12 months. The monthly fixed cost is $4000 per month. The AVC and associated output data are presented below:

Month	Q	AVC $
Jan	70	375
Feb	58	540
Mar	160	450
Apr	120	255
May	130	138
Jun	120	150
Jul	10	450
Aug	35	350
Sep	80	60
Oct	110	70
Nov	100	90
Dec	190	153

Explain the significant point in determining the shut down condition of Precision Engineering department.

Additional Information

This types of question lies from Statistics and explain about calculating the shut down condition in the company from the data given in the AVC table of Precision Engineering deparment.

Reference no: EM13828941

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Calculate shutdown point of precision engineering department

Reference no: EM13828941

Reference no: EM13828941

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