It is the standard (IRS) form that individuals use to file their annual income tax returns
Answer:
Break-even units = 66.67 units
Explanation:
<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>
<em>The break-even point is calculated as </em>
<em>Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit</em>
Contribution per unit = Selling Price - Variable cost
Contribution per unit = 15- (1+3+0.50) = 10.5
Fixed cost = 500 +( 50× 4) = 700
So the units requited to achieve break-even point:
Break-even point = 700/10.5
= 66.67 units
Answer:
(a) C(x) = 9500 + 55x
(b) R(x) = 90x
(c) P(x) = 35x - 9500
(d) C(240) = $22,700
All functions are measured in $.
Explanation:
The total revenue of an entity is a function of the number of units sold and the selling price per unit. The total cost is a function of the fixed cost and the variable cost (which is also a function of the units produced/sold). Profit is a function of sales and cost.
Given that monthly;
fixed costs = $9500
variable costs = $55 per unit
Selling price = $90 per unit
Where x is the number of units
total costs C(x) in $ = 9500 + 55x
total revenue R(x) in $ = 90x
profit P(x) in $ = 90x - (9500 + 55x)
= 35x - 9500
C(240) = 9500 + 55(240)
= $22,700
I don’t know but you will get it
