Calculations around break-even point

Assignment Help Basic Statistics

Reference no: EM1393460

A firm producing poultry feed finds that the total cost C in dollars for producing and selling x units is given by C = 18 x + 150. Management plans to charge $22.50 per unit for the feed.

1. What is the break-even cost?

2. What is the profit for 75 units of feed sold?

3. How many units must be sold to produce a profit of $1020?

Reference no: EM1393460

Questions Cloud

Compute the minimum length nucleotide sequence : Compute the minimum length nucleotide sequence you need before you can expect a match to either strand to be unique, under the naïve assumption.

Explain form of economic environment : What form of economic environment does this company operate (ex: monopolistic competition versus oligopoly, etc.)

Write a system program for bus arbiter : The bus arbiter is a device used in multi-master system with shared bus. It is used to allocate the control of the shared system bus to one master at a time depending priority.

Draw an activation energy diagram : Enzymes are typically required to catalyze reactions that would be very unlikely to occur on their own. Suppose that the activation energy, Ea, for the uncatalyzed cheese reaction at 20C is 18kcal/mol.

Calculations around break-even point : What is the break-even cost? What is the profit for 75 units of feed sold? How many units must be sold to produce a profit of $1020?

Percentage alcohol verses carbobydrates : Construct three scatter plots for: (1) percentage alcohol versus calories, (2) percentage alcohol verses carbobydrates, and (3) calories versus carbohydrates

Design the automatic control section using statecharts : Aim of this project is to design an embedded system which can move loads from one place to another. The system can be operated manually, automatically and wirelessly.

Calculating variability and percent : The box plots below show the real estate values of single values of single family homes in two neighboring cities, in thousands of dollars.

Define the scope and boundaries of the risk management plan : Define the scope and boundaries of the plan. Research and summarize compliance laws and regulations that pertain to the organization.

User Account

All Pages