The average cost/unit for the production of a particular component at a manufacturing plant varies with the number of units produced in each batch. The data are given below.
?
Number of Units Produced Cost/Unit 0-49 $37.72 50-100 $25.02?
Suppose the selling price of each unit is $35.
a. Build a model to calculate the profit of the manufacturing industry if the demand is 20.b. Construct a data table that shows the profit per unit as a function of demand if the demand ranges between 20 units through 80 units in increments of 10 units.
What will be an ideal response?
a.
b.
Business
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Which of the following statements is True
a. A mixed cost can be separated into fixed and variable components using the Hi Lo method b. As production increases, the fixed cost per unit will decrease. c. Depreciation computed under the straight line method is a fixed cost. d. All of the above statements are true.
Business
X signs a negotiable instrument ordering Y to pay Z the sum of $500 . Y is the:
a. maker. b. drawee. c. payee. d. drawer.
Business
What is meant by managerial hubris? In what forms does it appear?
What will be an ideal response?
Business
Which of the following is used to analyze a firm's financial performance over different years?
A) time-series analysis B) break-even analysis C) gap analysis D) marginal analysis
Business