a) On the graph to the right, use the line drawing tool to draw the total cost curve for each option Label the curves TC₂. TC, and TCc, respectively
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- XY Inc. sells 800 units/month at $50 each, with a $19 per-unit cost and $2,175 monthly fixed costs. The total dollar profit is $Blank 1.Make or Buy Specialty Metal Products, Inc. manufactures filters for use in custom over-the-range hoods. The costs per unit, for a batch of 10,000 filters, are as follows. Direct materials $10.00 Direct labor 8.00 ET Variable overhead 1.00 Fixed overhead Total costs 4.00 $23.00 Custom Kitchens has offered to sell 10,000 filters to Specialty Metal Products for $24 per filter. If Specialty Metal Products accepts Custom Kitchens' offer, the facilities used to manufacture filters could be used to produce BBQ grates. Revenues from the sale of BBQ grates are estimated at $25,000, with variable costs amounting to 80% of sales. In addition, $1 per unit of the fixed overhead associated with the manufacture of filters could be eliminated. Compute the following: Cost to make filters $ Cost to buy filters $ Should Specialty Metal Products accept Custom Kitchens' offer? OYes, the cost to purchase the filters is less than the cost to make them. No, the cost to purchase the filters is more than the…Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) refurbish the old equipment at a cost of $250, (b) make major modifications at the cost of $1,000, or (c) purchase new equipment at a net cost of $1,750. If the firm chooses to refurbish the equipment, materials and labor will be $1.10 per board. If it chooses to make modifications, materials and labor will be $0.75 per board. If it buys new equipment, variable costs are estimated to be $0.40 per board. a) On the graph to the right, use the line drawing tool to draw the total cost curve for each option. Label the curves TC, TCb, and TCC, respectively. Note: Carefully follow the instructions above and only draw the required objects. CUPC Dollars 8,000T 7,500- 7,000 6,500- 6,000- 5,500- 5,000- 4,500- 4,000 3,500- 3,000 2,500- 2,000- 1,500- 1,000 500- 0- 0 1,000 2,000 3,000 4,000 Boards 5,000
- Disc Buddy, Inc. produces flash drives. The selling price is $8 per drive. The variable cost of production is $2.40 per unit and the fixed cost per month is $3,600. Calculate the contribution margin associated with each flash In August, the company sold 200 more flash drives than What is the expected effect on profit of selling the additional drives?Egyptian Co. has 4 workers, each working 8 hours per day (for a payroll cost of $ 640 / day) and overhead expenses of $ 400/ day. Workers produce 8 units each day. The company is considering to purchase a new machine that will allow producing 14 units per day. With the new Machine the working hours (8 Hours per day) and payment will be the same ($640/ day), and the overheads expenses are now $ 800 per day. Multifactor productivity with the old system is . Select one: a. 0.25 Unit/per hour b. 0.0077 Unit per dollars c. None of the answers are correct d. 0.44 Unit/ per hours e. 0.0097 Unit per dollarsA company manufactures two types of leaf blowers: an electric Turbo model and a gas-powered Tornado model. The company's production plan calls for the production of at least 690 blowers per month. It costs $74 to produce each Turbo model and $111 to manufacture each Tornado model, and the company has at most $63,640 per month to use for production. Find the number of units that should be produced to maximize profit for the company, and the maximum profit, if the profit on each Turbo model is $35 and the profit on each Tornado model is $40. The maximum value is $ by producing integers or decimals.) units of the Turbo model and units of the Tornado model. (Type
- In connection with surfacing a new highway, a contractor has a choice of two sites on which to set up the asphalt-mixing plant equipment. The contractor estimates that it will cost $1.25 per cubic yard mile (yd3 –mile) to haul the asphalt-paving material from the mixing plant to the job location. Factors relating to the two mixing sites are as follows: (See pic) The job requires 50,000 cubic yards of mixed-asphalt-paving material. It is estimated that four months (17 weeks of five working days per week) will be required for the job. Compare the two sites in terms of their total costs. Assume that the cost of the return trip is negligible. A) Which is the better site? B) For the selected site, how many cubic yards of paving material does the contractor have to deliver before staring to make a profit if paid $8.35 per cubic yard delivered to the job location?Antoine rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20, to cover maid service and utilities. His fixed costs are $100,000 and his profit last year was $20,000. For Antoine, the contribution per unit is $100 $80 $1005 $800A mill producing steel plate has fixed costs of $100,000 per week and variable costs of $0.15 per pound of steel plate produced. If the steel plate sells for $0.77 per pound, how many pounds must be produced each week for the plant to breakeven? Express your answer in pounds to the nearest 1,000 pounds.
- Alton Inc. is working at full production capacity producing 25,000 units of a unique product. Manufacturing costs per unit for the product are as follows: Direct materials $ 6 Direct labor 5 Manufacturing overhead 7 Total manufacturing cost per unit $18 The per-unit manufacturing overhead cost is based on a $4 variable cost per unit and $75,000 fixed costs. The nonmanufacturing costs, all variable, are $6 per unit, and the sales price is $31 per unit. Sports Headquarters Company (SHC) has asked Alton to produce 6,000 units of a modification of the new product. This modification would require the same manufacturing processes. However, because of the nature of the proposed sale, the estimated nonmanufacturing costs per unit are only $3 (not $6). Alton would sell the modified product to SHC for $21 per unit. Required 1-a. Calculate the contribution margin for 6,000 units for both the current and special order. 1-b. Should Alton produce the special order for SHC? 2. Suppose that Alton Inc.…Q1. Game console manufacturing determines that in order to sell Q units, the price per unit (in dollar) must decreased by the linear demand (the demand function) P(Q)= 800- 0.3Q($/device) The manufacturer also determine that the cost depends on the volume of production and includes a fixed part 500,000($) and a variable part 500Q , that is C(Q)= 500000+ 500Q What price per unit must be charged to get the maximum profit?Given the variable costs (VC) and fixed costs (FC) from the table below, calculate the range for which each option minimizes cost. Option FC (R) VC (R/unit)A 50,000 2B 100,000 1C 60,000 1.4