What is the firm annual profit or loss

Assignment Help Business Economics

Reference no: EM131389375

A firm has the capacity to produce 1,000,000 units of a product each year. At present, it is operating at 70 percent of capacity. The firm’s annual revenue is $700,000. Annual fixed costs are $300,000, and the variable costs are $0.50 per unit. What is the firm’s annual profit or loss? At what volume of sales does the firm break even?

Reference no: EM131389375

Questions Cloud

Thinking about the needs for market research : Thinking about the needs for market research that you might have with Allstar Brands, identify and explain a type of research that you might conduct to gather information about consumer needs.

Annual sales of given product : Annual sales of a given product are 8,000 units; the selling price is $8 per unit. Annual fixed production costs are $6,000 and the current annual profit is $18,000. The company is planning to invest to influence the sale of its product. Determine th..

What policy change would you recommend to management : How might this same information be presented to make it more useful to management in assessing the long-run profitability of its various product lines? What policy change would you recommend to management?

Prepare a perceptual map for chosen product : Prepare a perceptual map for your chosen product/brand and using a minimum of seven competitors, rank each product/brand on the two variables based on how they are positioned in the consumers' minds.

What is the firm annual profit or loss : A firm has the capacity to produce 1,000,000 units of a product each year. At present, it is operating at 70 percent of capacity. The firm’s annual revenue is $700,000. Annual fixed costs are $300,000, and the variable costs are $0.50 per unit. What ..

Depth and understanding of marketing : This assignment must include depth and understanding of Marketing. Your objective is to apply all the knowledge you have acquired along your academic journey in Marketing and apply it here. 250 words

Demonstrate high degrees of brand loyalty : Identify at least three sports products to which consumers demonstrate high degrees of brand loyalty. Summarize these products and why you think loyalty is so high.

What is the result in given contention : Horn has not sued the partnership itself, nor does he claim that the partnership property is insufficient to satisfy its debts. What result? Explain.

Microsoft attempts to monopolize market in internet portals : Which of the following is a violation of the antitrust laws in the United States and why? (a) MIcrosoft monopolizes the market in PC operating system with a 92 percent market share; (b) Microsoft attempts to monopolize the market in Internet portals ..

User Account

All Pages