Answer:
It must sell 1,375 patterns each month in order to attain maximum profit, and that maximum profit is $3,181.25
Explanation:
In order to find the number of patterns that will translate into the maximum profit for the compamy, first we have to consider that the equation given is actually a parabola, and its vertex, when we draw it (Y equals profit and X equals units) proposes the maximum profit possible (if the formula continues to describe the company´s profit).
With that in mind, the general equation of a parabola is as follows.
in our case
a= - 0.002
b= 5.5
c= -600
And the formula, to find the quantity that will provide the maximum profit (x coordinate of the parabola) is as follows.
Therefore
Now, if we want to find what is going to be this maximum profit in terms of dollars, we just have to substitute x for 1,375 in the equation given, that is.
Best of luck.
B) causing your heart to wear out faster
Answer:
a.) acquiring a new facility to increase capacity
b.) deciding to replace old equipment
c.) purchasing new equipment to reduce cost
e.) determining which equipment to purchase among available alternatives
f.) choosing to lease or buy new equipment
Explanation:
Capital budgeting refers to the process in which the business analyzed which planned fixed asset should be purchased or not.
The decision is based on whether the fixed asset should provide you better return after invested it or not and choose that fixed asset that generated a better return at minimum cost
Therefore it includes the above answers
Answer:
The answer is: B) $76.46
Explanation:
Conversion costs are those incurred when turning raw materials into finished products. To get the conversion cost of a product you must add direct labor and manufacturing costs, we can use the following formula:
Conversion Costs = Direct Labor + Manufacturing Overheads
Conversion Costs = $63,000 + $94,500 = $157,500
Then we divide the total conversion costs by the total amount of units manufactures:
Conversion cost per unit = $157,000 / 2,060 units = $76.46 per unit
Answer:
an improvement in the education level of the work force of a nation
Explanation:
The production possibility curve is a curve that shows the various quantities of two goods an economy can produce at a given level of technology and amount of labour force.
Factors that leads to an outward shift of the production possibility curve;
1. Increase in labour force
2. Increase in education level of the Labour force
3. Technological advancement
Shifting resources from the production of one good to the production of another leads to a movement along the production possibility curve.
I hope my answer helps you