Answer:
700
Explanation:
The condition for maximizing profits is Marginal cost = Price.
1. We need to calculate the marginal cost, which is the first derivative of the total cost function.
- marginal cost = (TC=10000+0.04q2=) '
2. Now, we equalize the MC to the price and solve for q.
0.08q=56
q=56/0.08
<h2>
q=700</h2>
What is the scenario? You need that in order to answer.
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Answer:
$231,140
Explanation:
The computation of the amount reported in the cost of goods sold is shown below:
= Number of pool cues sold × total manufacturing cost per pool cue
where,
Number of pool cues sold would be 26,000 pool cues
And, the total manufacturing cost per pool cue would be
= Direct Materials per cue + Direct manufacturing Labor per cue + Manufacturing Overhead per cue
= $2 + $6 + $0.89
= $8.89
Now put these values to the above formula
So, the value would be equal to
= 26,000 cues × 8.89
= $231,140
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Dina deposits $3,000 in a bank account that pays an annual nominal interest rate of 10%. The comic book is priced at $15.00.
We don't have the number of years on the investment. But we can figure out an answer.
With $3000 she can buy:
Number of comics= 3000/15= 200 comics.
Using the following formula we can calculate the amount of money that she will have at the end of several years.
FV= PV*(1+i)^n
For example:
1 year
FV= 3000*1.10^1= $3300
Comics= 3300/15= 220 comics
5 years:
FV= 3000*1.10^5= $5,315
Comics= 5315/15= 354 comics