Determine the breakeven volume unit

Assignment Help Business Economics
Reference no: EM13832084

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.

Reference no: EM13832084

Questions Cloud

What types of information do market prices provide : It has been said that "Prices are like giant neon billboards that flash important information." What types of information do market prices provide?
Firms look at that population as a large customer base : China is the world's most populous nation with 1.25 billion people. Firms look at that population as a large customer base and are rushing to establish themselves in China. Is this appropriate for all firms? Why or why not?
Which expression is equivalent to (-2) (a+6) : Which expression is equivalent to (-2) (a+6)
Actual inflation exceeds anticipated inflation : If actual inflation exceeds anticipated inflation, who will lose purchasing power, and who will gain? How does unanticipated inflation harm the country? As part of your answer, include how you and your employer would both be affected.
Determine the breakeven volume unit : Tech engineering inc. makes a consumer product for which the following cost data are available.  Determine the breakeven volume unit can be sold for $40. If a net profit of $100,000 is required determine the number of units that needed to be sold.
How would a court interpret clause : How would a court interpret clause and would the clause cover Jay's liability for items stolen by its employees? Advise Tommy as to the application of the exclusion clauses?
Unbiased estimator of the effect of the voucher program : For a child i living in a particular school district, let voucheri be a dummy variable equal to one if a child is selected to participate in a school voucher program, and let scorei be that child’s score on a subsequent standardized exam. If you run ..
Determine how graph theory has advanced the knowledge : Examine how these applications are being used in your specialization and determine how graph theory has advanced the knowledge in your area of specialization.
Effectively protect purchasing power of original principal : Suppose that a person invest 3000$ at 10% per year, compounded annually, for 8 years. (a) will this effectively protect the purchasing power of the original principal, given an annual inflation rate 8%? If so by how much

Reviews

Write a Review

Business Economics Questions & Answers

  Should it add to or subtract from its dollar foreign exchan

Suppose the People's Bank of China wishes to peg the rate of exchange of its currency, the Yuan, in terms of the U.S. dollar. In each of the following situations, should it add to or subtract from its dollar foreign exchange reserves? Why? a. U.S. pa..

  Explain how does price elasticity of demand for corn oil

Explain how does price elasticity of demand for corn oil influence quantity-demanded of corn oil and Total Revenue earned by sellers of corn oil.

  Qdifferentiate between management and leadershipdescribe

q.differentiate between management and leadership.describe the role and responsibilities of leaders in creating and

  Advantages of cloud computing are demonstrated

The advantages of cloud computing are demonstrated in the fact that software and hardware upgrades are minimized. Another advantage important to IT professionals and just about anyone that accesses data on computers is ___________.

  Requirement in secondary market for gasoline falls

Illustrate that there are any extra costs or benefits due to this shift.

  How government grants would influence the business

From the scenario, explain how government grants would influence the business's operations. Be sure to emphasize the taxes, social benefit, and price level for both substitute goods and current products.

  Per-capita GDP on a ratio scale

Plot (using a spreadsheet or other graphical tool) the following scenarios for per-capita GDP on a ratio scale. Assume that per capita GDP in the year 2000 is $10,000. Use the Rule of 70 to estimate the value of per capita GDP on the graph for the ye..

  Compare the change in the quantity of raw steel exchanged

Compare the change in the quantity of raw steel exchanged at the market level with the change in raw steel produced by a representative firm. How do you explain this difference?

  What are the firms profits

Consider the market for carbonated water and suppose that demand is given by D(p) = 100 – 5p There are only two firms producing carbonated water, each with the same constant unit cost c = 2. What are the equilibrium prices and quantities if the firms..

  Firms production function

Suppose that a firm's production function is given by U=K.33 * L.67, where marginal product of capital is QK = .67(K-0.67 * L.67) and MPL is QL = .67(K.33 * L-.33).

  When the price of one good decrease

When the price of one good decrease, the associated substitution effect is represented by a:

  Critically analyze pros and cons of putting price ceiling

Critically analyze the pros and cons of putting a price ceiling on prescription medicine. Make sure to use concepts from both chapters seen this unit such as government intervention, inefficiencies, price elasticity, etc. in your answer.

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