Question: please answer and make solution paper. 1. One of the important factors to consider in break-even analysis. a. Fixed cost c. Variable cost b. Revenue

please answer and make solution

please answer and make solution paper. 1. One of the important factors

paper. 1. One of the important factors to consider in break-even analysis. a. Fixed cost c. Variable cost b. Revenue d. Total cost 2. It is when the business neither makes a profit nor a loss. a. Break-even c. Profit and loss analysis b. Profit = Loss d. Cost control analysis For questions 3 to 6 Suppose that the total cost of a business is TC = 30+ 2x, and the unit price of a certain commodity is p= 15-x. 3. Find the revenue function C. R = px = (15x - x) x = 15 - x c. R = px = (15x - x ) x = 2x d. R = px = ( 15-x) x= 15x - x d. R = px = (15 - x) x = 15x - 2x 4. Determine the profit function e.P = R - TC = (15x - x ) - (30+2x) = x + 13x - 30 f.P = R - TC = (15x - x) - ( 30+2x) = 2x + 13x - 30 g.P = R - TC = (15x - 2x) - ( 30+x) = 2 + 13x -30 h.P = R - TC = (15 - 2x) - ( 30x+2x) = 2x + 13-30 5. Find the breakeven point b. (4,37) (15, 30) c. (3,36) (10, 50) c. (5, 35) (10,40) d. (2. 42) (20.40) 6. How many units are needed to earn profit of P 10? a. 5 or 8 c. 6 or 9 b. 6 or 7 d. 7 or 10

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 Accounting Questions!