Problem regarding the break-even chart

Assignment Help Macroeconomics
Reference no: EM131086786

Stephene draws a break-even chart.

To represent sales, he draws a straight line through the origin and the point (10,000 units, £66,000).

Calculate:

(a) the selling price per unit of product

(b) the income from sales of 12,000 units.

To represent total manufacturing costs, Thomas draws a line through the points (0 units, £20,000) and (10,000 units, £70,000).

Calculate:

(c) the variable cost per unit

(d) the contribution per unit

(e) the total cost of manufacturing 12,000 units

Reference no: EM131086786

Questions Cloud

Find the total side trust given by the liquids : Find the total side trust given by the liquids on the vertical plate.
Develop goals and objectives that capitalize on strengths : Develop goals and objectives that capitalize on strengths. Develop a marketing strategy that creates or capitalizes upon competitive advantages. Outline a plan for implementing the marketing strategy.
Policy makers and the ordinary civilian : Why is the Gross Domestic Product important to policy makers and the ordinary civilian?
Determine the damping factor (zeta) of the system : Determine the damping factor (zeta) of the system.
Problem regarding the break-even chart : Stephene draws a break-even chart. To represent sales, he draws a straight line through the origin and the point (10,000 units, £66,000). Calculate:
Day on the current balance : Jenny has a bank account on which simple interest is earned at 1¼% per annum on credit balances (Cr). The bank charges simple interest at 10% per annum on debit balances (Dr). Interest is calculated at the start of each day on the current balance ..
Determine the maximum and minimum values : Determine the maximum and minimum values of both quantities and state the values of the time t and the displacement s at which they occur
Support your decision and present case to other contestants : You have been instructed to decide whether a special income tax should be levied on some of the richer surrogates to redistribute a portion of their wealth to the poorer families. Decide which position you support.
Managers of a government-operated firm : The incentive for the managers of a government-operated firm (for example, a state university) to promote internal efficiency and keep costs low will be

Reviews

Write a Review

Macroeconomics Questions & Answers

  Utilizing an aggregate supply and aggregate demand

Utilizing an aggregate supply and aggregate demand diagram, show why this self-correcting process involves only temporary periods of inflation or deflation.

  Economy in terms of the as-ad model

Explain what was happening to the economy in terms of the AS/AD model, including what would need to happen to bring us out of the "recessionary gap". In other words, using the AS/AD model as a starting point, explain the economic situation of 2008.

  Write down an equations for total revenue

Write down an equations for total revenue and marginal revenue.

  What type of tax structure is the fairest

What type of tax structure is the "fairest." What, if any, alternative tax structure would you propose to replace the federal income tax?

  Who will capture the economic benefits that the internet

Who will capture the economic benefits that the internet creates? will all the value end up going to customers, or will companies be able to reap a share of it?

  A describe a situation where prices have been held out of

a. describe a situation where prices have been held out of equilibrium due to government intervention in the market-the

  These answers have to be a short paperthey must include

these answers have to be a short paperthey must include references if used in the paper to prevent plagiarism.the book

  Perfectly competitive industry

1. A firm operates in a perfectly competitive industry. Suppose it has a short run total cost function given by TC= 42000 +0.001q^2. If the market price is 15, what is the firm's profit-maximizing quantity?

  Classical and keynesian versions of macroeconomic model

Discuss the differences between the classical and Keynesian versions of macroeconomic model - Calculate the equilibrium exchange rate, level of income and net exports.

  Draw a figure showing the demand curve

a- Draw a figure showing the demand curve and the supply for boxes of chocolates. What is the market equilibrium price and the market equilibrium quantity?b.If the price of chocolates is $17.00 a box, will there be a surplus or a shortage? Of how man..

  Consider the data above for a simple economy

Consider the data above for a simple economy. 1) What is the unemployment rate for this simple economy? 2) What is the labor force participation rate for this simple economy?

  What is the annual money growth rate

Discuss the short-run effect on output, unemployment, general price level and interest rate with a substantial increase In the factor cost of production.

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