Question
A. A firm has the capacity to produce 988,272 units of a product each year. At present, it is operating at 24 percent of capacity.
A. A firm has the capacity to produce 988,272 units of a product each year. At present, it is operating at 24 percent of capacity. The firm's annual revenue is $1007128. Annual fixed costs are $599333 and the variable costs are $0.65 per unit.
What s the firm's annual profit or loss?
B. A firm has the capacity to produce 1,386,753 units of a product each year. At present, it is operating at 62 percent of capacity. The firm's annual revenue is $1364010. Annual fixed costs are $500,217, and the variable costs are $0.49 per unit.
what is the price for each unit
C. A firm has the capacity to produce 1,273,209 units of a product each year. At present, it is operating at 63 percent of capacity. The firm's annual revenue is $788,755. Annual fixed costs are $388, 229, and the variable costs are $0.67 per unit.
what is the price of each unit?
D. A firm has the capacity to produce 1,273,209 units of a product each year. At present, it is operating at 63 percent of capacity. The firm's annual revenue is $788,755. Annual fixed costs are $388,229, and the variable costs are $0.67 per unit.
At what volume of sales does the firm break even?
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