Write the equations for the revenue and cost

Assignment Help Accounting Basics
Reference no: EM132461412

Question - A manufacturer sells car batteries for $150 each. The company's fixed costs are $45,000 per month, and marginal costs are $55 per battery.

Required -

1. Write the equations for the revenue, cost, and profit functions. Let x be the number of batteries.

2. How many batteries must be sold to break even? Round to the nearest battery.

Reference no: EM132461412

Questions Cloud

Identify the tools the fed uses to control the money supply : Identify the tools the Fed uses to control the money supply Discuss how those tools can be used to control the money supply.
Inequality aversion in a social welfare function : Inequality aversion in a social welfare function is essentially reflected in the way how utility of one person or group is traded for that of the other.
Government budget assigned to education in spain : What percentage of GDP does Spain have and what is the government budget assigned to education in Spain?
Men and women in terms of literacy rates : What is the differences between men and women in terms of literacy rates and enrollment figures by levels and the average years of schooling in Spain?
Write the equations for the revenue and cost : A manufacturer sells car batteries for $150 each. The company's fixed costs are $45,000 per month, Write the equations for the revenue and cost
Popular majors selected by females and males : What are the popular majors selected by females and males at a university level in Spain?
How do warranties and guarantees act as signals : How do warranties and guarantees act as signals? What economic information problem might they address?
Calculate the income effect of dividends on preferred shares : Determine an incremental per share effect for 9% bonds.Calculate Blossom's basic earnings per share for the year.Calculate the income effect of dividends
Determine the labor quantity variance : The company actually produced 5,100 sleeping bags using 26,800 yards of material at a cost of $5.70 per yard. Determine the labor quantity variance

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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