Calculate the variable costs of hand- made rocking chairs

Assignment Help Mathematics
Reference no: EM13177736

calculate the variable costs of hand- made rocking chairs using the following information.

Fixed costs =$300,000
expected unit sales =600 rocking chairs
Retail price (including markup) = $750.00
Markup (profit margin) 20%

Reference no: EM13177736

Questions Cloud

Determine the apparent brightness : determine the apparent brightness that we would measure for the Sun if we were located at the following positions.
Identify the vertex intercepts and zeros of a function : Identify the vertex, intercepts and zeros of a function.
Explain price functions as a rationer : .Differentiate between a price ceiling and a price floor (your answer should include the intentions and actions of buyers and sellers under both scenarios). 2.What action does government sometimes take to prevent a fall in prices when a price floor..
Write the equation in the slope-intercept form : Write the equation in the slope-intercept form and then find the slope and y-intercept of the corresponding line. 5x-6y-12=0
Calculate the variable costs of hand- made rocking chairs : calculate the variable costs of hand- made rocking chairs using the following information.
How fast is the area a of the triangle formed by the wall : A 17.28 foot ladder is leaning against a vertical wall. If the bottom of the ladder is being pulled away from the wall at the rate of 6 feet per second, how fast is the area A of the triangle formed by the wall, the ground, and the ladder changing..
What is the total time the roast should be in the oven : A roast is taken from the refrigerator, where the temperature is 40? F, and put in a 350? F oven. One hour later the meat thermometer shows a temperature of 90?F. If the roast is done when its temperature reaches 140?F, what is the total time the ..
Tradeoffs between pharmaceutical and technological products : The data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of products: pharmaceutical and computer-related technological products. Use the data given in the table to graph the production po..
How much caffeine is in the person body at 5pm : Write a differential equation for A, the amount of caffeine in the body t hours after 7am and give the particular solution to this differential equation. How much caffeine is in the person's body at 5pm?

Reviews

Write a Review

Mathematics Questions & Answers

  Question regarding linear cost function

An electrician charges a fee of $60 plus $45 per hour. Let C(x) be the cost in dollars of using the electrician for x hours. Find the linear cost function.

  Question about equilibrium point

At a price of $1.90 per bushel, the annual U.S. supply and demand for barley are 410 million bushels and 455 million bushels, respectively. When the price rises to $2.70 per bushel

  Direction of most rapid increase-critical points

Given f(x,y,z)=x^2y^3z^6, in what direction is F(x,y,z) increasing most rapidly at the point P(1,-1,1). What is the rate of increase?

  What is the light intensity at the surface

What is the light intensity at the surface of the lake on the day of the experiment and at what depth will the light intensity be half of the intensity at the surface?

  Linear equations-inequalities problems

How many solution sets do systems of linear inequalities have? Must solutions to systems of linear inequalities satisfy both inequalities?

  Determining minimum consumed time

From a raft 50m offshore, a lifeguard wants to swim to shore and run to a snack bar 100m down the beach. If the lifeguard swims at 1m/s and runs at 3m/s, express the total swimming and running time t as a function of the distance

  Computing the break even point

Clyde's Marina has estimated that fixed costs per month are $303,480 and variable cost per dollar of sales is $0.40.

  Determine the population mean

Determine the population mean

  Find the difference between probability and non-probability

What is the difference between probability and non-probability sampling? In the answer provide examples on the use of probability sampling

  Geometric concepts and children

How might you involve children in learning geometric concepts? Which geometric concept do you think will be most difficult for children to learn and why?

  Write a chess-playing computer program

Describe an example of a data set that cannot be represented by a tree, but that be represented by a more general graph. Explain why it cannot be represented by a tree.

  Discover that a certain prescription drug has an average

discover that a certain prescription drug has an average price of $40 for $20 pills with a standard deviation of $5. Using this information, deduce with 95% accuracy where the national average cost of 20 pills lies

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd