Answer:
Variable cost = $6,550
Explanation:
Variable cost is the cost incurred during the production process that changes with quantity of goods produced. For example labor, machine operating cost, and raw materials.
The other type of cost is variable cost that does not change with volume of production, but rather remains constant. For example rent, tax, and so on.
In the given instance the costs that are variable are cost of labor, cost of electricity to run printing presses, and cost of ink for paper.
Monthly mortgage and property tax are fixed cost that must be paid regardless of production volume.
variable cost = $5,500 + $800 + $250
Variable cost = $6,550
992 candy bars must be sold to maximize revenue.
<h3>
What is revenue?</h3>
- The total amount of income generated by the sale of goods and services related to the primary operations of the business is referred to as revenue in accounting.
- Commercial revenue is also known as sales or turnover.
- Some businesses make money by charging interest, royalties, or other fees.
To find how many candy bars must be sold to maximize revenue:
The price of a candy bar is determined by the quantity sold:
- p(x) = 124 - (x/16) where x is in 1000s.
If the candy bar's price is p(x), the revenue function is:
- R(x) = p(x) · x = 124 · x - x²/16
Find the solution of R'(x) = 0 to maximize R(x):
- R'(x) = 124 - x/8
- 124 - x/8 = 0
- x = 992
Therefore, 992 candy bars must be sold to maximize revenue.
Know more about revenue here:
brainly.com/question/25623677
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The correct question is given below:
If the price of a candy bar is p(x) cents then x thousand candy bars are sold. The price p(x) = 124-(x/16). How many candy bars must be sold to maximize revenue?
It is a completely false statement that HMO <span>coverage has much more flexibility than PPO coverage. The correct option among the two options that are given in the question is the second option. I hope that this is the answer that you were looking for and the answer has actually come to your help.</span>
Answer:
A. 6.50 years
Explanation:
Let C represent consumer loans,
T represent T-bonds and
t represent T-bills
Portfolio duration = wC*dC + wT*dT + wt*dt
w = weight of...
d= duration of ....
Find the weights;
Total amount invested = 75 + 39 + 18 = 132 mill
wC = 75 / 132 = 0.5682
wT = 39 / 132 = 0.2955
wt = 18 /132 = 0.1364
Portfolio duration = (0.5682*3) +(0.2955*16) + (0.1364*0.5)
= 1.7046 + 4.728 + 0.0682
= 6.50 years