selling price of unit is p=14-q2, state the math expression and graph for revenue. please explain...

selling price of unit is p=14-q2, state the math expression and graph for revenue. please explain answer

Expert Solution

Rahul Sunny answered 3 years ago

Waterloo Co. sells product P-14 at a price of $48 a unit. The per-unit cost data...

Waterloo Co. sells product P-14 at a price of $48 a unit. The per-unit cost data are direct materials $15, direct labour $10, and overhead $12 (75% variable). Waterloo Co. has sufficient capacity to accept a special order for 40,000 units, but at a discount of 10% from the regular price. Selling costs associated with this order would be $3 per unit. There are no selling costs on its regular orders. a) Should Waterloo Co. should accept the special order?...

Mauro Products distributes a single product, a woven basket whose selling price is $14 per unit...

Mauro Products distributes a single product, a woven basket whose selling price is $14 per unit and whose variable expense is $12 per unit. The company’s monthly fixed expense is $4,200. 1. Calculate the company’s break-even point in unit sales. . Calculate the company’s break-even point in dollar sales. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales?

Gross Margin Percentage = (Unit selling price - COGS)/Unit selling price Could someone make me an...

Gross Margin Percentage = (Unit selling price - COGS)/Unit selling price Could someone make me an example of using this formula in a word problem, and then show me how to work it out? Thanks!

Explain the impact of increasing the unit selling price of a product on the company’s break-even...

Explain the impact of increasing the unit selling price of a product on the company’s break-even point. Would the move to raise the unit selling price obviates the company from incurring a loss?

E11-14 Naylor Company had $210,000 of net income in 2016 when the selling price per unit...

E11-14 Naylor Company had $210,000 of net income in 2016 when the selling price per unit was $150, the variable costs per unit were $90, and the fixed costs were $570,000.Management expects per unit data and total fixed costs to remain the same in 2017. The president of Naylor Company is under pressure from stockholders to increase net income by $52,000 in 2017. Instructions(a) Compute the number of units sold in 2016. (b) Compute the number of units that would...

Relationship between total revenue and price elasticity of demand, example with graph and explain how even...

Relationship between total revenue and price elasticity of demand, example with graph and explain how even due to good weather some farmers are worse off?

Break-Even Sales and Cost-Volume-Profit Graph For the coming year, Bernardino Company anticipates a unit selling price...

Break-Even Sales and Cost-Volume-Profit Graph For the coming year, Bernardino Company anticipates a unit selling price of $56, a unit variable cost of $28, and fixed costs of $313,600. Instructions: 1. Compute the anticipated break-even sales in units. units 2. Compute the sales (units) required to realize operating income of $109,200. units 3. Construct a cost-volume-profit graph on paper, assuming maximum sales of 22,400 units within the relevant range. From your chart, indicate whether each of the following sales levels...

1) Suppose inverse demand equation, P = 14 - Q, and marginal revenue, MR = 14...

1) Suppose inverse demand equation, P = 14 - Q, and marginal revenue, MR = 14 -2Q, and marginal cost, MC = 2 + Q. The price that the profit maximizing monopolist sets is $_ per unit. ____ 2) Suppose inverse demand equation, P = 14 - Q, and marginal revenue, MR = 14 -2Q, and marginal cost, MC = 2 + Q. What quantity does a profit maximizing monopolist produce? _____

Product details are as follows: Product P Q R S Selling price (£/unit) 42.00 57.00 54.60...

Product details are as follows: Product P Q R S Selling price (£/unit) 42.00 57.00 54.60 Material T1 (Kg/unit) 4 6 6 Material T2 (Kg/unit) 4 4.4 3.2 6 Direct labour (hours/unit) 1.2 2.4 3 3.4 Variable production overheads (£/unit) 2.20 2.60 2.20 2.80 Fixed production overheads (£/unit) 3.00 3.20 3.40 2.80 Expected demand for next month (units) 1,900 2,000 1,800 Products P, Q and R are sold to customers, while Product S is a component used...

25. A. If fixed costs are $256,000, the unit selling price is $34, and the unit...

25. A. If fixed costs are $256,000, the unit selling price is $34, and the unit variable costs are $18, what is the break-even sales (units) if fixed costs are reduced by $33,600? a. 13,900 units b. 20,850 units c. 16,680 units d. 11,120 units 25. B If sales totaled $665,288 for the year (83,161 units at $8 each) and the planned sales totaled $848,276 (77,116 units at $11 each), the effect of the quantity factor on the change in...

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