Ma Bryan sells homemade preserves. The profit relation for the following estimates at a quantity that is 10% above breakeven is closest to:
Fixed cost = $500,000 per year
Cost per 100 units = $200
Revenue per 100 units = $250
(choose one):
(a) Profit = 200(11,000) ? 250(11,000) ? 500,000
(b) Profit = 250(11,000) ? 500,000 ? 200(11,000)
(c) Profit = 250(11,000) ? 200(11,000) + 500,000
(d) Profit = 250(10,000) ? 200(10,000) ? 500,000
Breakeven = 500,000/(250 – 200)
= 10,000
Breakeven + 10% = 10,000(1.10) = 11,000
Profit per 100 units = 250(11,000) - 500,000 - 200(11,000)
Answer is (b) Profit = 250(11,000) ? 500,000 ? 200(11,000)
You might also like to view...
People maintain their steady internal body temperature by
A) producing more internal heat than needed and expelling the extra heat B) adjusting our internal temperature to the surrounding conditions C) producing exactly the amount of heat needed to maintain body temperature D) sunning ourselves on radiant surfaces
What will be the output of a three-input NOR gate whose inputs are a clock, a HIGH, and a LOW?
A) LOW B) clock C) HIGH D) cannot be determined
While having a discussion, Technician A says that a solenoid has contact points, whereas a relay uses a movable iron piston attached to a contact disc. Technician B says that a relay has contact points, whereas a solenoid uses a steel piston moved against a contact disc by magnetism. Who is correct?
A. A only B. B only C. Both A and B D. Neither A nor B
Describe and illustrate a four-stroke cycle internal combustion engine.
What will be an ideal response?