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LekaFEV [45]
3 years ago
10

A manufacturer of DVD players has monthly fixed costs of $9500 and variable costs of $55 per unit for one particular model. The

company sells this model to dealers for $90 each.
(a) For this model DVD player, write the function for monthly total costs C(x).
C(x) =

(b) Write the function for total revenue R(x).
R(x) =

(c) Write the function for profit P(x).
P(x) =

(d) Find C(240).

C(240) =
Business
1 answer:
Alla [95]3 years ago
5 0

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

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Answer:

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Explanation:

Data provided in the question

The total of the Manufacturing Overhead account = $58,000 i.e incurred

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So according to the given data, the manufacturing overhead should be applied to the work in process with the total credit amount i.e $70,000

Hence, the first option is correct

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3 years ago
An airline company must plan its fleet capacity and its long-term schedule of aircraft usage. For one flight segment, the averag
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Answer:

112 customers per day

Explanation:

For computing the needed capacity requirement, first we have to find out the new utilization rate which is shown below:

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So, the average utilization rate is 75%

Now the needed capacity requirement is

Utilization rate = Average output rate ÷ Maximum capacity × 100

75% = 84 ÷  Maximum capacity × 100

So, the maximum capacity is 112 customers per day

We simply applied the above formula to determine the needed capacity requirement

8 0
3 years ago
Rachel entered into a contract to purchase a 2004 Dodge from Hanna, who lived in the neighboring apartment. When a dispute arose
Genrish500 [490]

Answer:

Hanna is correct.

Explanation:

The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants.  Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars.  Therefore, the case should be adjudicated under the common law.  What has taken place in this instance is the exchange of a personal asset.  Hanna cannot make a trading profit from the sale, but a capital gain.  Rachel is not correct.

8 0
2 years ago
Alyona recently purchased a car. In her first auto loan statement, she was surprised to find a letter for a life insurance compa
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Answer:

Credit life Insurance

Explanation:

The scenario describes Credit life insurance

This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.

The insurance is liable to the balance on the loan as at the time of the death of the borrower.

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3 years ago
The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.
Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

Explanation:

Expected return= free return + Beta (Expected rate of return – risk free rate)

Portfolio A

6%+ +.8*6%

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Portfolio B

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4 0
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