What is the breakeven point in percentage of total capacity

Assignment Help Econometrics
Reference no: EM13212119

An accounting and management consulting firm charge out rate is $112 per hour. The maximum output is 214,000 hours per year. The fixed cost is $610,000 per year and the variable cost is $62 per standard service hour. What is the breakeven point in percentage of total capacity?

Reference no: EM13212119

Questions Cloud

Calculate how much payload this assembly : The nominal breaking strength of the rope is 10,000 lbs. Calculate how much payload this assembly can allowably pick up. Show your work.
Intellectual trends in the interwar years : What was the main cultural and intellectual trends in the interwar years
Compute the ph at the equivalence point in the titration : Calculate the pH at the equivalence point in the titration of 25.00 mL of 0.120 M chloropropanoic acid (Ka = 7.8 x 10-5)
Find the compression ratio : Find the compression ratio, cutoff ratio, the thermal efficiency, the mean effective pressure, and the P -v and T-s diagrams clearly showing all corners.
What is the breakeven point in percentage of total capacity : An accounting and management consulting firm charge out rate is $112 per hour. The maximum output is 214,000 hours per year. The fixed cost is $610,000 per year and the variable cost is $62 per standard service hour. What is the breakeven point in..
Determine the time needed for the velocity : determine the time needed for the velocity to become v=vf. initially the particles falls from rest.
Will us economy will experience higher labor productivity : It is no secret that U.S. labor productivity accelerated in the second half of the 1990s. The bulk of the spurt can be traced to the boom in investment information technology capital and to the growth in the information technology-producing part o..
Compute the molary of the permanganate solution : 1.0678g of a standard iron(ii) ammonium sulfate, (NH4)2Fe(SO4)2. 6H202 requires 35.50mL of permanganate solution for titration. calculate the molary of the permanganate solution.
Examine the risks and explain how they were managed : Evaluate the types of learning in projects and use technology and information resources to research issues in managing project risk.

Reviews

Write a Review

Econometrics Questions & Answers

  Which should be chosen using present worth as the criteria

The cash flow for four projects is described below of which you can invest in one project only. In all, an upfront investment is made in year 0. All projects are for five years and the MARR to be used in the evaluations is 10%.

  Is this firm making the profit-maximizing decision

In a competitive industry, the market-determined price is $12. For a firm currently producing 50 units of output, short-run marginal cost is $15, average total cost is $14, and average variable cost is $7. a. Is this firm making the profit-maximiz..

  Compute nominal gdp in each year

Suppose the following data describe output in two different years. Item Year 1 Year 2 Apples Bicycles Movie Rentals 20,000 @ 25¢ each 700 @ $800 each 6,000@ $1.00 each 30,000 @ 30¢ each 650 @ $900 each 8,000 @ $1.50 each (a) Compute nominal GDP in ..

  Calculate the stocks coefficient of variation

Calculate the stock's expected return. Round your answer to two decimal places. Calculate the stock's standard deviation. Round your answer to two decimal places. Calculate the stock's coefficient of variation. Round your answer to two decimal places..

  Determine the alices economic profit is equal to what

Alice used to work as a teacher but has decided to set up her own cake factory after watching Masterchef. As a teacher Alice earned $50,000 per annum. The cost of materials used to make cakes is equal to $10,000 per annum and in addition.

  What is the price elasticity of demand

Qx= 1100-30Px-40Py+30Pz+.025M, where M is income and Py and Pz are the prices of related goods. Py=$15, Pz=$50, and M=$40,000. Now assume Px=$60, and income is still $40,000. What is the price elasticity of demand

  How many tons of steel do the residents of indiana prefer

East Chicago is a major production center of steel in the United States. In the process of producing steel, the firms in this are emit pollution both into the air and into the water which adversely affect Indiana residents. The EPA has determined ..

  If the base year is 2005 then what is the cpi in both years

Suppose the residents of Vegopia spend all their income on cauliflower, broccoli, and carrots. In 2005, they buy 100 heads of cauliflower for $200, 50 bunches of broccoli for $75, and 500 heads carrots for $50. In 2006, they buy 75 heads of caulif..

  What is the probability that he or she is a coalition voter

Suppose it is known that 45% of the population are Coalition voters, 45% are ALP voters, and 10% vote for Greens.

  Find the firms optimal quantity-price and profit

Suppose a firm's inverse demand curve is given by P=120 - .5Q, and its cost equation is C = 420 + 60 Q + Q^2. a)Find the firm's optimal quantity, price, and profit (1) by using the profit and marginal profit equations and (2) by setting MR equal to..

  Are the signs of the parameters reasonable

The Alpine Bagel Co. is evaluating pricing for Bagels in it's outlet in the student commons. Their in-house consulting team estimated that the daily demand for Bagels in the area to be the following Q = -15P + 10Ps - 20Pc +16I

  Calculate the annual net benefits of raising price of wastes

Imagine that the current price of waste disposal is $0.025/lb and the average waste disposal is 2.40 lb/p/d. When the price was previously $0.01/lb, the average waste disposal was 2.52 lb/p/d. Assume that the marginal social cost of waste disposal..

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