User Account

All Pages

What is the cost function

Assignment Help Accounting Basics
Reference no: EM132465015

A manufacturer has a monthly fixed cost of $28,500 and a production cost of $8 for each unit produced. The product sells for $11/unit.

Question (a) What is the cost function?

C(x) = 8x+28500

Question (b) What is the revenue function?

R(x) = 11x

Question (c) What is the profit function?

P(x) = 3x-28500

Question (d) Compute the profit (loss) corresponding to production levels of 8,000 and 11,000 units. P(8,000) need help with this?

= P(11,000)

Reference no: EM132465015

Questions Cloud

Calculate the approximate percentage of december sales : Which is more reliable, a positive accounts receivable confirmation or a negative accounts receivable confirmation?Calculate the approximate percentage
How many types of arthritis are there : How many types of Arthritis are there? List and define each one. What are the three types of muscles? What is the combining form for each type?
Flesch-kincaid grade level scores : Assume that we want to use a 0.05 significance level in testing the null hypothesis that the three authors have? Flesch-Kincaid grade level scores with the same
Determine ending account balances : Prepare and Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero.
What is the cost function : What is the cost function?Compute the profit (loss) corresponding to production levels of 8,000 and 11,000 units. P(8,000) need help with this?
What professional guidelines can a counselor follow : How can a counselor plan for any unforeseen interruptions (like falling sick during) in the service? What professional guidelines can a counselor follow.
What are the ethical limitations which needs to be applied : Ethical consideration in promoting one's counseling practice through web based marketing. What are the ethical limitations which needs to be applied.
Financial Engineering Assignment - Option Valuation Report : Financial Engineering Assignment - Option Valuation Report. The report should also comment on advantage and disadvantage of binomial tree method over BS method
Define how models can use real data to create forecasts : If you were an analyst working for the St. Petersburg Informational and Analytical Center, explain how you would use data available to you to prepare a report.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd