Create an Excel model to provide the answer for Problem 119. Problem 119 A website has a

Question:

Create an Excel model to provide the answer for Problem 1–19.

Problem 1–19

A website has a fixed cost of $15,000 per day. The revenue is $0.06 each time the website is accessed. The variable cost of responding to each hit is $0.02.

(a) How many times must this website be accessed each day to break even?

(b) What is the break-even point, in dollars?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Decision Modeling Business Analytics With Spreadsheet

ISBN: 9781501515101

4th Edition

Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson

See More Books

Question Posted: Aug 25, 2021 02:45 AM

See More Questions

A manufacturing process has a fixed cost of $ 150,000 per month. Each unit of product being produced contains $ 25 worth of material and takes $ 45 of labor. How many units are needed to break even...
Explain different types of interviews conducted by organizations, discuss how organizations benefit from these interviews What are sonny entertainment 2 business logic rules ? Explain the benefits of...
A cell phone company has a fixed cost of $1,500,000 per month and a variable cost of $20 per month per subscriber. The company charges $39.95 per month to its cell phone customers. a. What is the...
Find the derivatives of the function. 9 cot sin t t
Iodine, I2, is a blue-black solid, but it easily vaporizes to give a violet vapor. At high temperatures, this molecular substance dissociates to atoms: An absent-minded professor measured equilibrium...
Postum Partnership purchases a building in 2008 for $250,000. It deducts $5,600 in depreciation on the building in 2008, $6,400 in 2009, $6,400 in 2010, and $3,200 in 2011. It sells the building in...
What happens if the conducting rod in Figure P29.1 rotates (a) clockwise about the $z$ axis as viewed looking down the positive $z$ axis toward the origin, $(b)$ clockwise about the $x$ axis...
General Cereals is using a regression model to estimate the demand for Tweetie Sweeties, a whistle-shaped, sugar-coated breakfast cereal for children. The following (multiplicative exponential)...
ing the Question 2 Solve the following problem with branch and bound algorithm: max z = 3x1 + x2 st: 2x1 - x2 6 x1 + x2 4 x1, x2 0, xinteger
Acetonitrile (CH3CN) has resonance at 1.97 ppm, whereas methyl chloride (CH3CI) has resonance at 3.05 ppm, even though the dipole moment of acetonitrile is 3.92 D and that of methyl chloride is only...
Suppliers frequently provide quantity discounts to customers who place large orders. An all-units quantity discount applies a discount to all units purchased once the applicable price breaks have...
(a) Modify the Millers Tax Computation program in Figure 1.2 to include a tax deduction for educator expenses. (b) Next modify the program to account for a growing family. In particular, instead of...
Consider the following summary of Sec. 1231 gains and losses recognized by Janet during the period 2008-2013. Janet had no nonrecaptured Sec. 1231 losses at the beginning of 2008. If Janet has no...
1) According to the Employment Standards Code, what does 'Banked time' mean? 2) If Julie works for 5.5 consecutive hours, according to the Employment Standards Code, is she entitled to a break?...
1) describe the key objective of occupational health and safety legislation? 2) We Build It Inc. makes furniture and has a Workplace Safety and Health Program. A Workplace Safety and Health officer...
1) Review the case below and respond to the questions that follow: ABC bank in Canada routinely required employees to work significant overtime, as it was impossible to fulfill all their job...
How much should I deposit in an account yielding 8.40% compounded daily to obtain $20,000 in 10 years? Round to the nearest cent, i.e. two decimal places.
Shell Industrial Products Limited manufactures unique kind of construction, shipping and industrial use items, ranging from basic items to safety items: Sl. No. Description Quantity used per year...
The system 2x = -6, -4x + 3y = 3, x + 4y-z = 7, is in lower triangular form. (a) Formulate a method of Forward Substitution to solve it. (b) What happens if you reduce the system to the (upper)...
What are some of the possible sources of information about a company that could be used for determining the companys competitive stance?
Distinguish between strategy decisions and operational decisions, illustrating for a local retailer.
In your own words, explain what customer equity means and why it is important.
Distinguish between a strategy, a marketing plan, and a marketing program, illustra t ing for a local retailer.
Heidi Hostettler was hired as an HR Generalist by the College of Wooster in late summer 2013. At the time that she was interviewed and took the position, she was four-months pregnant. Throughout the...
What items are mandatory and illegal in the collective bargaining process? If labor and management come to an impasse over employee benefits and a strike occurs, what strategies would you recommend...
With a refined foundation of your PDMP in place, it's time to move forward with planning the implementation of your strategy. This phase is crucial as it involves turning your ideas and plans into...

Create an Excel model to provide the answer for Problem 119. Problem 119 A website has a

Question:

Step by Step Answer:

a Break even point Fixed costsRevenue Variable cost 150...View the full answer

Managerial Decision Modeling Business Analytics With Spreadsheet

Students also viewed these Business questions