6. Calculate the point of indifference for the following products: a. A b. B i. Fixed costs = 2,070,550 ii. Variable costs = 54/item i. Fixed costs = 5,275,000 ii. Variable costs = 45/item
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- . Marginal Cost Suppose the monthly total costfor the manufacture of 19-inch television sets isC(x)= 2546 + 98x, where x is the number of TVsproduced each month.a. What is the slope of the graph of the total costfunction?b. What is the marginal cost for the product?c. Interpret the marginal cost for this product10. Chef Company makes and sells pre-packed lunches. The variable cost of each lunch is $4. The lunches are sold for $10 each. Fixed operating expenses amount to $6,000. Using the space below, prepare a break-even graph. Indicate the following on the graph: (a) fixed cost, (b) total cost, (c) total revenue, (d) loss, (e) breakeven point, and (f) profit area. I QAssume the cost of making 30 belts $800 the cost of makin 35 belts $900 and the cost equation is linear. The belts are sold for$ 27 each. a)find the marginal cost b)find a linear equation in slope-intercept, form that represent the total Cost of making will c) What is the fixed cost? d) find a profit in slope- intercept that will represent the profit if x belt are made and sold? e) Find the break even point?
- Figure 1 shows price, marginal cast and axecage. cost cuoces for a fio. Figure 1 Costs MC AC (RM) AVC 22 10 80 100 Output (Q) How much is total fixed cost (TFC)? 9. b. Calculate total variable cost (TVC) if output is 100 units. Compute total cost (TC) of producing 100 units of output. C. d. Calculate the average fixed cost (AFC) of producing 500 units of output. e. If the price of that product is RM25 per unit, calculate the total revenue if the firm sells 100 units of output for RM25 each. ...... .......Figure 12-4: Price and cost $40.50 36.00 30.00 22.00 20.00 MC ATC AVC 0 130 180 240 66. Refer to Figure 12-4. What is the amount of its total fixed cost? 1. A) $1,080 2. B) $1,440 3. C) $2,520 4. D) It cannot be determined. MR QuantityWhat is relationship between total revenue (TR) and total variable cost (VC) if the price is between AVC and ATC (does TR covers part of VC, All VC or all VC and part of foxed cost)?
- Q1.It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake.A cupcake is sold for $4.90 each. Required: (i) Make a table showing the cost of producing 20,40,60,80 and 100 cupcakes. (ii) Make a table showing the revenue from selling 20,40,60,80 and 100 cupcakes. (iii) Write an algebraic expression representing the cost C as a function of the number of cupcakes x that are produced. (iv) Write an algebraic expression representing the revenue R as a function of the number of cupcakes x sold. (v) Graph both functions on the same coordinate axes. (vi) From your graph find coordinatae at which cost equals revenue. (vii) Using your graph,determine how many cupcakes need to be made to produce revenue of at least $1,029.How much profit is made for this number of cupcakes?What is the marginal cost associated with producing three units of the contral variable, O (identify point E in the tablej? 36 Total Total Costs Benefits Benefit Net Marginal Marginal Narginal Net Bеnefit Control variable Benefits Cost MB(0) MC (Q) MND (0) Sepped B(Q) C(0) 900 100 800 900 100 800 2 1,700 300 800 200 600 2,400 600 1,800 700 E 400 4 1,000 2,000 600 400 200 3,500 1,500 2,000 500 500 600 1,800 1,400 3,900 2,100 D -200 4,200 4,400 2,800 300 700 -400 200 100 800 800 -600 4,500 4,500 900 -800 10 4,500 5,500 -1,000 1,000 -1,000 Mutiple Choice 50 100 200 300(a) What do you mean by inventory carrying cost and ordering cost? Explain with examples. 2(b) Mr Mahmud operates a cosmetics shop at Dhanmondi. The annual demand for soap is 2,500 units. The setup cost is Tk.15 per order. The material cost per unit Tk.3 and the holding cost 10% of average inventory.. a) What is the optimum number of units per order? (Use EOQ formula)b) What is the expected number of orders per year if management considers the followings units for order placement: 100 units, 250 units, 500 units and 1250 units?(Use comparative tabular format)
- 7. Complete the cost table to make it consistent with the given numbers. Q 0 TC 20 TFC TVC ATC AFC AVC MC 1 1 2 3 4 3 4 12 5 75 6 7 8 9 16 24.85 86 360 10 540 Plot the total cost functions for the range of output 0 - 10 on one diagram, and the average and marginal cost functions on another diagram.If a firm wanted to reduce the annual EOQ cost as a percentage of the annual purchasecost by 50 percent, how would the demand rate have to change?a. Decrease by 50 percentb. Remain unchangedc. Increase by 50 percentd. Doublee. QuadrupleCost, revenues (dollars) 4.00 3.50 MC 20 Quantity ATC MR If this firm is currently producing 20 units of output, this firm:
