The earnings for flour sales at a convenience store is given below. If Mark produces four bags of flour, his average fixed costs are Number of Earnings TVC MC AVC TFC TC AFC ATC о 100 1 1235 4 270 a. 100 ○ b. 20 ○ c. 25 O d. 30 50 95 46.67 300
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- 23 ABC Electronics is a company that sells smartphones. If the Montly demand for a partcular smarthphon Model is 1000 units. The cost to place an order is Rioo, and the Carrying costs per unit per year is RS. The company Operates for 250 business Economic Order Quantity, CEOG 7 year. Caculate the Model. Calculate the EOQ. the Smarthphonewhen studying the in formation related to Al- Kufa factory itis explained that selling price for one ton is 200 ID and 1- Variable cost for one ton reaching 150 ID 2- Fixed costincluding the project construction costs was 48 million ID 3- Suppose that the designed factory productivity reaches 46000 ton per year for one work shift Find the production volume and the time thatitmust be reach to Break- Even pointJony furniture store examines its inventory policy and considers using an economic order quantity (EOQ) approach. They have the following information about a table set: Annual demand Current order qu Carrying cost Order cost 3.920 sets 30 sets $80.00/set/year $200 a. What is the current total annual cost (TC) b. What is the economic order quantity (EOQ)? c. What is the total annual cost at the economic order quantity (EOQ)
- A firm produces bread (B). The company wants to lease new equipment. Themarket offers new high-speed ovens (H) and slower ovens (S) with an oldertechnology. The high-speed ovens can produce twice as much bread in the sameamount time.a) Derive the production function.b) The high-speed ovens cost 100 Euros per month and the slower ovens costs 70Euros per month. In which type of ovens should the company invest?c) If the price of the high-speed ovens remains unchanged, calculate the price of theslow-ovens, at which the company could be indifferent in leasing only high-speedovens, slow-ovens or possibly a combination of both.G IVEN: F IXEO COST - f 14,000 , 000.00 VARIABLE COST - P 8750.00/ UNT SE LLING PRICE = 15,000.'00/ UN 4) WHAT IS IFIE PRESENT BREAK-EVEN NUMBER OF UMTS ? B) N HIAT stHOULD BE THE NEW SELLINC PRICE IN ORDER 1HAT 11IE NEW BREAK EVEN NUMBER OF UNITS SHALL JUST BE 90% OF THE PRESENT BREAK EVEN NUMBER OFniteBavarian Crystal Works designs and produces lead crystal wine decanters for export to international markets. The production manager of Bavarian Crystal Works estimates total and marginal production costs to be aq0 to noiinseu14 Isind TC = 10,000 + 40Q + 0.0025Q² and ivibe to l9v9i ani oi -MC = 40 + 0.005Q1oriism s Arol else noitee eaidT aigie s niged sW noilesimixam benistie iton to laval orfs.ot doagee sideixav, where costs are measured in U.S. dollars and Q is the number of wine decanters pro- duced annually. Because Bavarian Crystal Works is only one of many crystal produc- ers in the world market, it can sell as many of the decanters as it wishes for $70 apiece. Total and marginal revenue are tanad tan ait oT vtivins to briTR = 700 owd io anoilanut ed teoo where revenues are measured in U.S. dollars and Q is annual decanter production. a. What is the optimal level of production of wine decanters? What is the marginal revenue from the last wine decanter sold? and MR = 70 %3D b. What…
- Mc Donald's sells 1500 burgers per year. The cost to place an order for raw materials is RO 40. The cost of one burger is RO 0.600 and the carrying cost is 20% of the cost. Find the Economic Order Quantity. a. 1000 units b. 2000 units 1500 units Od. 800 unitsFor a firm total revenue is 120000, cost of raw materials is 40000, wages of labor 18000, other expenses are 5000, Total implicit cost is 33000.What is accounting profit. Select one: O a. 68000 Ob. 24000 c. 57000 Od. 87000A cafeteria sells sandwich. The fixed costs of running the eafeteria are $1,700 a month and the variable costs of producing a ndwich are $5 in Taw materials and $20 uf direct labur. Additionally sells the sandwich at a sales price of $30, Determine the minimum units of goods (sandwich) that it needa to sell in order to reach break-even each month
