Find the cost function-find the revenue function

Assignment Help Finance Basics
Reference no: EM132466661

Problem: A company manufactures and sells refrigerators. The cost for each refrigerator is $40 and the company has $30,000 in monthly fixed costs. The company plans to sell each refrigerator for $65.

(a) Find the cost function

(b) Find the revenue function

(c) Find the profit function

(d) Please find the cost, revenue, and profit for 650 refrigerators

(e) How many refrigerators must be made and sold in order to break even?

(f) Please find the break even point

Reference no: EM132466661

Questions Cloud

Determine amount of the shaws american opportunity credit : Determine the amount of the Shaws' American Opportunity credit for the year.Paolo and Isadora Shaw are married, file a joint tax return
Construct an annual subscriber model for neflix : Can you help me with the following question: Construct an annual subscriber model for NeFlix that can be used to forecast the expected cash flows
How information reported in company financial statements : How information reported in company financial statements.the market value of the investment is $2,000,000, and it is determined that the decline in value
Discuss the prevalence of currency arbitrage : Discuss the prevalence of currency arbitrage. Which entities are best positioned to exploit them? What should be the optimal strategy of firms such as Teck?
Find the cost function-find the revenue function : A company manufactures and sells refrigerators. The cost for each refrigerator is $40 and the company has $30,000 in monthly fixed costs.
Determine modified accelerated cost recovery system : Determine Modified Accelerated Cost Recovery System.The first year of depreciation on a residential rental building costing $250,000 purchased June 2, 2019.
Supervising and regulating depository institutions : What federal agencies are responsible for supervising and regulating depository institutions that are not commercial banks?
Finding the management of debts a struggle : They have approached you to help restructure their finance, as they are finding the management of their debts a struggle following the loss of one
Determine entry made to record the sale of the bonds : A company invests $700,000 in corporate bonds in 2019 and classifies them as available-for-sale.Determine entry made to record the sale of the bonds

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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