Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

TransTech sells its product for $100. Marginal cost is a constant $70 per unit and fixed costs are $75,750. 1)What is the breakeven quantity? Please

TransTech sells its product for $100. Marginal cost is a constant $70 per unit and fixed costs are $75,750.

1)What is the breakeven quantity?

Please specify your answer as an integer.

2)What is the breakeven revenue?

Please specify your answer as an integer.

please type nswers in order and correct rounding

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Economics of Strategy

Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer

6th edition

978-1118273630, 111827363X, 978-1118319185

More Books

Students also viewed these Economics questions

Question

★★★★★

What is the significance of the management continuum?

Answered: 1 week ago

Question

★★★★★

Aqueous solutions of ammonia (NH 3 ) and bleach (active ingredient NaOCl) are sold as cleaning fluids, but bottles of both of them warn: Never mix ammonia and bleach, as toxic gases may be produced....

Answered: 1 week ago

Question

★★★★★

For the variable chest circumference (Chest) in the Body Fat data set, (a) estimate the standard deviation of Chest. (b) bootstrap the approximate standard error of the standard deviation of Chest....

Answered: 1 week ago

Question

★★★★★

Calculating Portfolio Betas You own a stock portfolio invested 25 percent in Stock Q, 20 percent in Stock R, 15 percent in Stock 5, and 40 percent in Stock T. The betas for these four stocks are .75,...

Answered: 1 week ago

Question

★★★★★

Find the present value ( i . e . at time t = 0 years ) of a 2 0 0 deposit at time t = 2 years using a nominal annual discount rate of 8 % compounded semiannually. Give your answer as a decimal...

Answered: 1 week ago

Question

★★★★★

On January 2, 2019, Maddox Corporation, headquartered in the U.S., established a wholly- owned subsidiary in Mexico City. An initial investment of P10,000,000 was made on that date; the exchange rate...

Answered: 1 week ago

Question

★★★★★

Find the future worth F and the equivalent uniform annual worth A for the cash flows shown below. 12% per year 10% per year 1 2 3 4 5 6 7 8 9 10 Year 0 $200 $200 $200 $200 $200 $250 $300 $350 $400...

Answered: 1 week ago

Question

★★★★★

Men are more likely than women to use stress coping by blaming others. In conclusion, Men, and Women equally use blaming others and copying mechanisms. The average for both seems to be slightly lower...

Answered: 1 week ago

Question

★★★★★

Your workplace is experiencing change, the owner of the company is deciding to selling the company. Explain how this change will affect the company and the employees. Opening: Tell the audience what...

Answered: 1 week ago

Question

★★★★★

Scenario: Current COVID-19 situation Analyze the business environment for WestJet Airlines in Canada, using Porter's Five Forces model.

Answered: 1 week ago

Question

★★★★★

Furniture City Bikes would like a firm quote of two materials; Deluxe Touring Bike (Black) and Women's Off Road Bike. GBI has determined to use SAP ERP in order to quickly react to the customer...

Answered: 1 week ago

Question

★★★★★

It is essential to understand what constitutes ethical research practices in qualitative research. After reviewing the Learn material for this module and conducting your own outside research, please...

Answered: 1 week ago

Question

★★★★★

It is challenging for firms to "cross the chasm" because Blank______. Multiple choice question. transitioning between stages requires significant amounts of capital firms have difficulty moving from...

Answered: 1 week ago

Question

★★★★★

1. To provide an understanding that a person in a communication situation conveys three things at the same time: their position, basic interests and values.

Answered: 1 week ago

Question

★★★★★

4. What is meant by the statement: We are extremely limited in our willingness to allow others to put their own case in a social situation?.

Answered: 1 week ago

Question

★★★★★

8. Give three examples of how the level of confidence one has in someone can affect a communication situation.

Answered: 1 week ago

Previous Question Next Question