A manufacturer of an external hard disc provided the information that when the price per external...

A manufacturer of an external hard disc provided the information that when the price per external hard disk is RM89, then 1 million hard disc will sell. When the price of each hard disc is RM79, then 3 million hard disc will sell. The cost of producing and selling ? million hard disc is ?(?) = 19? + 156.25. a) Find a linear demand function where ? is the number of millions of hard discs sold and ? is the price of each hard disc in RM. b) What is the company’s revenue function for this hard disc? c) What is the company’s profit function? d) How many hard discs must be produced and sold so that the company will have a maximum profit? e) What is the price of hard disc when the company is maximizing their profit? (1 mark)

Expert Solution

Colby Messinger answered 2 years ago

Peeler's Smoothie Company has provided the following information: Sales price per unit Variable cost per unit...

Peeler's Smoothie Company has provided the following information: Sales price per unit Variable cost per unit Fixed costs per month Calculate the contribution margin ratio. (Round your answer to two decimal places.) A. 28.57% B. 22.22% C. 20% D. 77.78% Benson Company manufactures special metallic materials for luxury homes that require highly skilled labor. Benson uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their...

Which of the following information is not provided by the financial markets? ____ A)The price of...

Which of the following information is not provided by the financial markets? ____ A)The price of six ounces of gold B)The earnings of Microsoft in 2017 C)The cost of borrowing $500,000 for five years D)The cost of wiring ¥1,000,000 to Japan

Taku-Tau company has provided you with the following information: Selling price per unit = N$90 Variable...

Taku-Tau company has provided you with the following information: Selling price per unit = N$90 Variable cost per unit= N$30 Activity driver Cost driver rate Level of activity driver Set-ups N$ 800 90 Inspection N$ 65 500 Other data: Total fixed costs (traditional) N$900 000 Total fixed costs (ABC) N$450 000 If the company reduces the setup costs by N$100 per set up and reduces the number of inspections needed to 400, how many units must be sold to break...

Price for Services Provided Customers are charged $91 per hour for services rendered Sales Price of...

Price for Services Provided Customers are charged $91 per hour for services rendered Sales Price of Retail Product Customers are charged $65 for each unit purchased Cost of Inventory for Products Purchased Inventory can be purchased for $30 per unit Record the following transactions in the General Journal. Trans. Date Description 1 Dec. 1 Borrow $128,250 from the local bank and signed a five-year installment note with payments of $2,600 at the end of each month beginning December 31. The...

A compact disc (CD) player manufacturer has decided to use an SQC chart system to monitor...

A compact disc (CD) player manufacturer has decided to use an SQC chart system to monitor quality in the operations management system. A QC inspector who tests the finished product inspects the CD players. The test involves playing a CD. If the unit plays the CD, it passes the inspection; if the unit fails to play the CD, the unit fails the inspection. Six samples of four hundreds units each were taken and resulted in 9, 12, 5, 7, 4,...

Consider the varieties of internal and external information that companies consider when planning a benefits program....

Consider the varieties of internal and external information that companies consider when planning a benefits program. Which piece of of information do you believe is most important to this planning process? Least important? Explain your answers.

What are the main external sources of information when considering financing and investing? Discuss in 150...

What are the main external sources of information when considering financing and investing? Discuss in 150 to 180 words

Kingbird Company, a manufacturer of small tools, provided the following information from its accounting records for...

Kingbird Company, a manufacturer of small tools, provided the following information from its accounting records for the year ended December 31, 2020. Inventory at December 31, 2020 (based on physical count of goods in Kingbird’s plant, at cost, on December 31, 2020) $1,419,220 Accounts payable at December 31, 2020 1,295,400 Net sales (sales less sales returns) 8,926,300 Additional information is as follows. 1. Included in the physical count were tools billed to a customer f.o.b. shipping point on December 31,...

Sunland Company, a manufacturer of small tools, provided the following information from its accounting records for...

Sunland Company, a manufacturer of small tools, provided the following information from its accounting records for the year ended December 31, 2020. Inventory at December 31, 2020 (based on physical count of goods in Sunland’s plant, at cost, on December 31, 2020) $1,467,950 Accounts payable at December 31, 2020 1,182,000 Net sales (sales less sales returns) 7,990,400 Additional information is as follows. 1. Included in the physical count were tools billed to a customer f.o.b. shipping point on December 31,...

Culver Company, a manufacturer of small tools, provided the following information from its accounting records for...

Culver Company, a manufacturer of small tools, provided the following information from its accounting records for the year ended December 31, 2017. Inventory at December 31, 2017 (based on physical count of goods in Culver’s plant, at cost, on December 31, 2017) $1,594,780 Accounts payable at December 31, 2017 1,165,100 Net sales (sales less sales returns) 8,629,100 Additional information is as follows. 1. Included in the physical count were tools billed to a customer f.o.b. shipping point on December 31,...

Question