How many units each month must be produced to break even

Assignment Help Microeconomics
Reference no: EM133124445

A concrete product manufacturer produces CHBs at a material cost of 1.50 each, at a labor cost of 1.0 each, and a variable cost of 2.35 each. The CHBs are sold at 825 per 100 units. It will incur a fixed cost of 1,000 a month. How many units each month must be produced to break even?

Reference no: EM133124445

Questions Cloud

Basic molecular biology of bacteria : Basic Molecular Biology of Bacteria - Mechanisms of Gene Transfer - Prepare a suspension by obtaining a fresh, pure culture of the organism and inoculating
Cobalt mining marginal environmental damage curve : As more cobalt is used globally, mining operations open in areas that are exponentially more environmentally sensitive. What does this tell you about the slope
Prepare a cash budget for January and February : The company's cash balance on January 1, 2022, is expected to be $56,400. Prepare a cash budget for January and February in columnar form
Inclusions of feather bedding provisions : Explain how bargaining over the inclusions of feather bedding provisions in a union contract can result in more efficient contracts than bargaining over wages a
How many units each month must be produced to break even : A concrete product manufacturer produces CHBs at a material cost of 1.50 each, at a labor cost of 1.0 each, and a variable cost of 2.35 each. The CHBs are sold
Examine the plates exposed to the airborne : Examine the plates exposed to the airborne and external body surfaces bacteria. Count the number of colonies formed by the different microorganisms
Creating the software cost : Shaughnessy Consulting, LLC currently enjoys a patent on software that estimates economic damages for clients involved in personal injury lawsuits. Demand for m
Effective rate of protection on the process : For a company that produces candy canes, sugar is 70 percent of its ingredient costs. The United States limits the imports of sugar to protect cane farmers, whi
Calculate the total effect on welfare of a tariff : A small country can import a good at a world price of 5 per unit. The domestic supply curve of the good is S = 10 + 10P. The demand curve is D = 600 - 5P. In ad

Reviews

Write a Review

Microeconomics Questions & Answers

  What is your definition of a monopoly

What is your definition of a (Market) Monopoly? List a monopoly (not utilities or public services) product or service that you use.

  Explain the four factors that lead to economic growth

Explain the four factors that lead to economic growth. Which of the factors of growth does Hanson rely on to develop his arguments about the benefits of immigration

  What is negative externality

What is negative externality? Discuss how a competitive market fails to give efficient allocation in the presence of negative production externality?

  How progressive does or does not accomplish the objective

In the chapter, you learned that it is important for a company to present an image consistent with its philosophy, principles, and identity on its Web site.

  Two hazardous environment facilities are being evaluated

two hazardous environment facilities are being evaluated with the projected life of each facility being 10 years. the

  Is it statistically different from zero

If the past three months of pcip are zero and pcsp-1 =0, what is the predicted growth in industrial production for this month? Is it statistically different from zero?

  Write down the two organizational compensation goals

what are the two organizational compensation goals described in this unit? what other goals for compensation can you

  Explain costs and benefits associated with rent-controls

Read the newspaper article "The Landlords: Two Sides of a Coin" by Diane Wedner in the Los Angeles Times - Use the article to explain the costs and the benefits associated with rent-controls

  What is the value of deadweight loss

Draw and label a graph of deadweight loss associated with the monopoly price charged by Daraprim. What is the value of deadweight loss?

  The fizzwizzle industry is perfectly competitive

The fizzwizzle industry is perfectly competitive. Supply is given by QS = 10 + P, and demand is given by QD = 20 – P. In the production of fizzwizzles, firms pollute. The cost of this pollution is 2Q, where Q is the quantity of fizzwizzles produced.

  What occurs to u and y relative to the natural levels

suppose the economy is initially operating at yn. now suppose the fed conducts a monetary contraction where ms

  Evaluate whether a change in law is necessary

A chemical factory dumps pollutants into a nearby river (permissible under the existing laws). In lieu of dumping into the river, the factory could pay for the pollution to be hauled to a toxic waste dump site at a cost of $125,000 per year.

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