Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The break-even volume (BEP) occurs at the point where: Hide answer choices A A total revenue = total cost B total profit = total cost

image text in transcribed
image text in transcribed
The break-even volume (BEP) occurs at the point where: Hide answer choices A A total revenue = total cost B total profit = total cost total revenue = total variable cost D fixed cost total variable cost E selling price per unit = variable cost per unit Figure 2 A B D 1 X x 3 Number to Make OBJ. FN, VALUE 4 5 Unit profit 54 6 7 Constraints Used Available 8 s 40 9 2 12 10 120 10 3 1 0 15 Figure 1 demonstrates an Excel spreadsheet that is used to model the following linear programming problem MAN 4X1. X2 Subget to 3X1.5X200 12X110X2 120 X 15 X1, X220 Note: Cells 03 and are the designated cells for the optimal values of X and X respectively, while cell 4 is the designated cell for the objective function value. Cells D8 010 designate the left hand side of the constraints, Refer to Figure 1. What formula should be entered in cell E4 to compute total profitability Hide answer choices A SUMB3:03) B -SUMPRODUCT(B5.5,68:E10) SUMPRODUCT(B5,C5,B2.C2) -B2-85C2C5 =B385 + C3C5

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

Auditing In The Food Industry From Safety And Quality To Environmental And Other Audits

Authors: M Dillon, C Griffith

1st Edition

1855734508, 978-1855734500

More Books

Students also viewed these Accounting questions