A hand tool costs $300 and requires $1.25 labor cost per unit. A machine tool costs $3,000 and reduces labor to $0.75. What is the break-even point (in years) at 5% for an annual production of 5,000 units?
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A hand tool costs $300 and requires $1.25 labor cost per unit. A machine tool costs $3,000 and reduces labor to $0.75. What is the break-even point (in years) at 5% for an annual production of 5,000 units?
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- A manufacturing plant has a short-run cost function of C(q) = 100q – 4q2 + 0.2q3 + 450. %3D (a) What is the firm's short-run fixed cost and variable cost function? (b) Calculate MC, AVC, AFC, and AC ECONSLIMichael’s Lobster Food Truck has been operating for three years, but he’s yet to make a profit in the competitive food truck industry. Last year, he sold 2,500 items at an average price of $12. It costs him $9 to cover his ingredients for each item, and he also has fixed costs of $8,000 per year to cover for his truck, marketing, insurance, etc. What percentage increase in the number of units sold is required for Michael to break even?A company selling baseball gloves has fixed costs of $1300, and it costs an additional $29.81 to produce each glove. If the company charges a price of $151.95 per glove, how much should the company expect to cover in costs in order to break even? The company should expect to cover $ in costs. If necessary, round to two decimal places. Do not include units.
- a manufacturer produces certain items at a labor cost of 150 each, the material cost is 75 each, and the variable cost of 2.50 each. if the item has a unit price of 500, how many number of units must be manufactured each mont for the manufacturer to break even if the monthly overhead of 299,750?If the markup amount based on the selling price of 2.10 is 0.41 what is the BEP in dollar sales when machinery rent is 25,000 and the production is 1000 pieces?It is assumed that the machine handles a flow rate of 0.5 million gallons per day. The cost of the machine is $1.24 million in 2020. The correlation exponent is 0.14. The cost index has been updated from 156 to 221 this year. The cost today for a flow of 2.3 million gallons per day is: a. $8,752,042 b. $2,175,081 c. $5,347,061 d. $3,562,455
- How do the Modified Accelerated Cost Recovery System (MACRS) givetaxpayers a break?14. A manufacturer produces certain items at a labor cost of P115 each, material cost of P76 each and variable cost of P2.32 each. If the item has a unit price of P600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,800.Lightview produces and sells overhead projectors to schools and colleges. Each overhead projector uses $30 of materials and requires 3 hours of labor at $10 per hour. Each overhead projector sells for $84.87. Lightview has fixed overheads of $264605. What is Lightview's break-even point in sales units?
- Owen conner works part time packaging software for a local distribution company in indiana. The annual fixed cost is $15,000 for this process, direct labor is $4.00 per package, and material is $5.00 per package. The selling price will be $15.00 per package. How much revenue do we need to take in before breaking even? What is the break even point in units?Excellent job! For PART B the unit cost row is wrong for some reason. (8.00 , 15.00, & 22.00) for some reason they are not correct and I don't know why. Also for PART D the last 2 on the unit cost is wrong. (14.00 & 31.00) I wonder why that is . Can you still help?MINIMIZING INVENTORY COSTS A bookstore expects to sell 100 calculus textbooks during the next year. It costs $3.20 to store one calculus textbook for one year. There is a fixed cost of $10 for each order. Find the lot size and the mumber of orders per year that will minimize inventory costs. ANSWER Answer: calculus textbooks per order orders per year