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QUESTION 1 1t Khaled has developed a new technology device that is so exciting he is considering quitting his job in order to produce and
QUESTION 1 1t Khaled has developed a new technology device that is so exciting he is considering quitting his job in order to produce and market it on a large-scale basis. Khaled will rent a small factory for 2,000th per month for production purposes. Utilities will cost 500th per month. Khaled has already taken an industrial design course at Dubai Men's College to help prepare for this venture. The course cost 800th. Khaled will rent production equipment at a monthly cost of 3,000th. He estimates the material cost per unit will be 20dhs, and the labor cost will be 1.?th per unit. He will hire workers and spend his time promoting the product. To do this he will quit his job which pays 25.000dhs per month. Advertising and promotion will cost 3500th per month. Ram Iirnd ' 7- What is the total variable cost for maximum production?= 8- llf Khalid set the selling price for TUDHS on max production and managed to reduce the total xed cost by 2% what is the prot increase percentage= 9- If Khalid set the selling price for 70DHS on max production and managed to reduce the total variable cost by 2% what is the prot increase peroentage=
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