Determine the break even point

Assignment Help Managerial Economics
Reference no: EM1372457

"The company Three, SRL, sells three different products and sets the sales value for every product at 1.5 of their respective variable costs. The fixed costs of the company amount to $2.5 million per year. Determine the break-even point expressed in terms of total value of annual sales."

First of all, I'm not asking for the answer. But it seems to me that there are some values missing in order to solve this problem. Can anyone PLEASE help? I've been staring at this for hours now.

 

Reference no: EM1372457

Questions Cloud

How much heat does the cup absorb : How much work did movers do (horizontally) pushing a 140{rm kg} crate 10.60 m across a rough floor without acceleration, if the effective coefficient of friction was 0.700.
Determine the dollar sales volume the firm : Orange Corporation is evaluating its financing needs for the coming year. The company has been in business for only three years, and the company's chief financial officer
What is the coefficient of linear expansion of this material : A car travelling in a large circle passes by the motorcycle that is travelling in a straight line from North to South. Both of their speedometers read 10m/s.
Program to allot new value to first element of array : Write the single statement which assigns new value to first element of array. This new value must be equal to twice value stored in the last element of the array.
Determine the break even point : The company Three, SRL, sells three different products and sets the sales value for every product at 1.5 of their respective variable costs.
Explain why your answer is correct based on slutsky : Decide whether each of following statements is true or false. Then explain why your answer is correct, based on Slutsky decomposition into income and substitution effect.
Describe how to recover file for further investigation : When you try to open file in image viewer, message is displayed indicating that file is corrupt. Write 2-3 page report describing how to recover the file, orkty.zip, for further investigation.
Discuss political economy of euro : Discuss political economy of euro. What are likely economic effects of euro. What are its likely political effects. How is euro supposed to solve EU's political problems. Explain
Calculate cpi in current year and percentage change in price : Supposes cost of consumer market basket rose from $200 in base year to $225 in current year. Calculate CPI in current year and percentage change in prices between base year and current year.

Reviews

Write a Review

Managerial Economics Questions & Answers

  Linear programming problem

Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.

  Demand, supply and the market equilibrium

The article study for the demand, supply and the market equilibrium has been discussed. The article that has been review was published on August 2012.

  Supply and demand in professional sports

Draw the individual cost curves on one graph: marginal cost, average total cost, average ?xed cost, and average variable cost. Place costs ($) on the y-axis and quantity (Q) on the x-axis.

  Explain whether the firm will make economic profit

Explain whether the firm will make economic profit, In the short run and In the long run.

  Determine the official measure of the deficit

Determine the official measure of the deficit

  Coordination of the activities of a business

The organization and coordination of the activities of a business in order to achieve defined objectives.

  What is the profit maximizing number of gizmo widgets

What is the profit maximizing number of Gizmo Widgets that should be introduced? Be sure to account for the fact that Gizmo Widgets displace other kinds of widgets. Again, be sure you provide a brief explanation of your approach/reasoning.

  Determine autocorrelation function of a rectangular pulse

Prepare the sketch the Fourier transform of a rectangular pulse of amplitude 10 V and width 0.1 second that is centered on the zero time axis. Determine the autocorrelation function of a rectangular pulse.

  Managerial economics assignment

Carry out an analysis from the standpoint of both EMV and expected utility to establish Jeremiah’s best course of action, including a consideration of his bidding strategy with regard to the auction.

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Solve managerial economics questions

MGMT 3306: Solve the assignment problems, 1. Please answer the assignment questions in this docx file and save once you’re satisfied. Assignment 3covers the lectures slides for Week 6.

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