Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 Information about a construction company is given below: Variable Expenses for the excavation process Electricity Expenses: 100TL/m3 Diesel and Oil Expenses: 500TL/m3 Tire and

image text in transcribed

1 Information about a construction company is given below: Variable Expenses for the excavation process Electricity Expenses: 100TL/m3 Diesel and Oil Expenses: 500TL/m3 Tire and Spare Parts Expenses: 400TL/m3 Explosive Expenses: 300TL/m3 Other Variable Expenses: 200TL/m3 Fixed costs Depreciation, insurance, and interest expenses: 1.5 billion TL/year Compulsory labor and personnel expenses: 0.5 billion TL/year Other Fixed Expenses: 0.5 billion TL/year Revenue: 5000TL/m3 and Excavation Capacity is 2000000m3/ year a) Find the breakeven point as the production amount? b) Find the amount of excavation the company needs to make to make a 3 billion TL/year profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions