Question: only need the ans for 16 & 17 please. ans correctly & i'll give a thumbs up A manufacturing firm is considering two options to

only need the ans for 16 & 17 please. ans correctly &i'll give a thumbs up A manufacturing firm is considering two optionsonly need the ans for 16 & 17 please. ans correctly & i'll give a thumbs up

A manufacturing firm is considering two options to use in the production of their new product. Alternative I is to buy a machine which is a bit costly, i.e., fixed cost (FC) is high, but the variable cost (VC - \$/unit) is smaller and constant for all ranges of production. Alternative I/ is to buy from an external supplier - the variable cost is high and also constant for all ranges of production, but there is no fixed cost. For each alternative, the annual fixed cost and the variable cost for different production ranges is given in the table below. The selling price is expected to be $50 for both options. Calculate the breakeven point for Alternative I: \begin{tabular}{|l} \hline 1000 \\ \hline 1500 \\ 2000 \\ \hline 4500 \\ \hline \end{tabular} Question 13 (3 points) Refer to the information in Q12. Calculate the breakeven point for Alternative II: 0 1000 2000 4500 Refer to the information in Q12. Determine the production range where Alternative I is best from the profit point of view. [0,4500] [0,1500] (4500,+) (1500,+) Question 17 (5 points) Refer to the information in Q12. Determine the production range where Alternative II is best from the profit point of view. (1500,+) (4500,+) [0,4500] [0,1500]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!