Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that the annual fixed cost for manufacturing the calculator is $340,000 and the total variable cost is $4.8 for each unit produced. The manufacturer

image text in transcribed
Assume that the annual fixed cost for manufacturing the calculator is $340,000 and the total variable cost is $4.8 for each unit produced. The manufacturer has a bid form an outside firm to produce the calculator for S6.5 per unit. Q1. The total cost for producing 12,000 units of the calculator (TMC) is Q2. The total cost for outsourcing (purchasing) 12,000 units of the calculator (TPC) Q3. The savings due to outsourcing is Q4. The break-even point is about 05. The average cost/unit for the production of a particular component at a manufacturing plant varies with the number of units produced in each batch. The data are given below: Number of units produced 0-49 50-100 Cost/unit $37.72 $25.02 Suppose the selling price of each unit is $30. Build a model to calculate the profit of the manufacturing industry if the demand is 40. The Profit is

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

Recommended Textbook for

Financial Sustainability In Public Administration Exploring The Concept Of Financial Health

Authors: Manuel Pedro Rodríguez Bolívar

1st Edition

3319579614, 3319579622, 9783319579610, 9783319579627

More Books

Students also viewed these Finance questions