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Tech engineering inc. makes a consumer product for which the following cost data are available.
Fixed cost/year = $120,000
Variable costs/ Unit = $ 15
i. Determine the breakeven volume unit can be sold for $40.
ii. If a net profit of $100,000 is required determine the number of units that needed to be sold.
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Illustrate what should be the construction level if fixed costs rose to $48,000 per month?
Crew Brew of Wisconsin plans to build a microbrewery on a small stream in that state. After sampling water from the stream, Chris Pierson has found that it is contaminated with pulp and paper waste from a local paper mill.
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A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits
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No additional working capital is needed and no working capital will be returned. If your tax rate is 35% and you require a 14% return on your investment, what bid price should you submit?
Suppose the Federal Reserve’s decided to purchase $20 billion worth of government securities in the open market.
Suppose me also my roommate started a bagel delivery service on campus. List some of our fixed costs also express why they are fixed.
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