subject
Business, 06.09.2021 14:30 mdlemuslopez

72 2 A firm produces three products which sell, respectively, for $25, $35, and $50. Labor
requirements for each product are, respectively, 3.0, 4.0, and 3.5 hours per unit. Assume
labor costs are $5 per hour and annual fixed costs are $75,000.
(a) Construct a joint total revenue function for the sales of the three products.
() Determine an annual total cost function for production of the three products.
(c) Determine the profit function for the three products. Is there anything unusual
about this function?
(d) What is annual profit if 20,000, 10,000, and 30,000 units are sold, respectively, of the
three products?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 03:00, nyahdrake
You are the manager of the packaging department in a cookie factory. (obviously, the packaging employees cannot eat the cookies that are transferred in during the period.) after your employees insert cookies into colorful packages (step 1) for display on store shelves, the packages of cookies are then boxed using cardboard cartons (step 2) for shipment to stores. each unit of product is represented by a carton of packaged cookies. the packaging department began the period with 1,000 units of cookies. during the period, 5,000 units of cookies were transferred in from the baking department and 5,500 units of cookies were transferred out to the finished goods department. the number of units of cookies in the ending inventory of the packaging department equals:
Answers: 1
image
Business, 22.06.2019 10:00, caz27
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i. e., to have ebit = zero?
Answers: 1
image
Business, 22.06.2019 11:50, 2kdragginppl
Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i. e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i. e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.
Answers: 3
image
Business, 22.06.2019 17:00, martinez6221
Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting
Answers: 3
You know the right answer?
72 2 A firm produces three products which sell, respectively, for $25, $35, and $50. Labor
r...

Questions in other subjects:

Konu
Mathematics, 01.04.2021 18:10
Konu
Mathematics, 01.04.2021 18:10