The manager of a bicycle company has determined that the total cost in Namibian dollars, C...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The manager of a bicycle company has determined that the total cost in Namibian dollars, C (x), of producing a number of bicycles is given by, C(x)= 90x+ 1800, while the revenue in Namibian dollars, R(x), from the sale of x number of bicycles is given by R(x)=150x. (i) What is the cost of manufacturing 14 bicycles in a day (3 marks) (ii) Find the break-even point (3 marks) (iii) Find the cost and revenue at break-even point The manager of a bicycle company has determined that the total cost in Namibian dollars, C (x), of producing a number of bicycles is given by, C(x)= 90x+ 1800, while the revenue in Namibian dollars, R(x), from the sale of x number of bicycles is given by R(x)=150x. (i) What is the cost of manufacturing 14 bicycles in a day (3 marks) (ii) Find the break-even point (3 marks) (iii) Find the cost and revenue at break-even point
Expert Answer:
Answer rating: 100% (QA)
i To find the cost of manufacturing 14 bicycles in a day we can simply subst... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The owner of Western Clothing Company has determined that the company must sell 670 pairs of denim jeans each month to break even (i.e., to reach the point where total revenue equals total cost). The...
-
The Coogan Construction Company has determined that the expected completion time for its most popular model home follows the normal probability distribution with a mean of 25 weeks and a standard...
-
In what ways can the manager of a function deliberately set out to gain power inside an organization?
-
Papas Fried Chicken bought equipment on January 2, 2013, for $ 39,000. The equipment was expected to remain in service for four years and to perform 11,000 fry jobs. At the end of the equipments...
-
To understand what behaviors are rewarded at UPS, visit www.ups.com and in the search bar (upper right hand corner) enter careers. Search under careers. What kinds of rewards are given to attract and...
-
6. What is the magnitude of charge on a particle that is moving at 3.6 x 106 m/s and experiences a magnetic force of 1.2 x 10-10 N when it encounters a magnetic field of 3.0 T? a. What are the...
-
Use Google Advanced Patent Search to determine the number of skin care-related patents owned by the following cosmetic companies: (a) Avon (b) Kanebo (c) L'Oreal (d) Revlon (e) Shiseido
-
1. A company should report the marketable equity securities that it has classified as trading at: (a) Lower of cost or market, with holding gains and losses included in earnings. (b) Lower of cost or...
-
On March 1, 2025, Blossom Construction Company contracted to construct a factory building for Bridgeport Manufacturing Inc. for a total contract price of $8,430,000. The building was completed by...
-
Recall the following details about the two employees hired in November. a. CPP is deducted at 5.10% (considering $3,500 yearly exemption). b. EI is deducted at 1.62% of gross earnings. c. Both...
-
The buyers and sellers who trade a particular good or service make up what we call a: a barterers b store c market d mall
-
= Assume that the price S of a risky asset follows a binomial model with S(0) = $100, u = 10% and d -10%. The asset pays a dividend of $5 on the odd times, i.e., 1, 3, 5.... In this market, the...
-
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Average operating assets Division Queensland $ 969,000 $ 510,000 Net operating income $ 87,210...
-
1- Discussion on how the 'timeliness' characteristic be of useful to the management accountants in making decisions. 1.1 Able to provide four usefulness/importance of 'timeliness' to the management...
-
Now, let's consider a particular scenario, with 0 = -1.5, and de = 2. STEP 1: Fuzzification STEP 3: Aggregation negative zero positive 21012 Hpos(0)=0 Uzero(0) = 0.25 Uneg(0) = 0.75 positive negative...
-
Consider an elastic collision in one dimension between two particles. The second particle is initially at rest. After the collision, the two particles move in opposite directions and have the same...
-
Define the osi layers and explain ?
-
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
-
The Regency Hotel has enough space at its entrance for six taxicabs to line up, wait for guests, and then load passengers. Cabs arrive at the hotel every 8 minutes; if a taxi drives by the hotel and...
-
Provide an example of when a first-in, first-out (FIFO) rule for queue discipline would not be appropriate.
-
Jay Seago is suing the manufacturer of his car for $3.5 million because of a defect that he believes caused him to have an accident. The accident kept him out of work for a year. The company has...
-
In 2017, Harry and Mary purchased Series EE bonds, and in 2023 redeemed the bonds, receiving \($500\) of interest and \($1,500\) of principal. Their income from other sources totaled \($30,000.\)...
-
Stan rented an office building to Clay for \($3,000\) per month. On December 29, 2022, Stan received a deposit of \($4,000\) in addition to the first and last months rent. Occupancy began on January...
-
On January 5, 2023, Rita left the United States for Germany, where she had accepted an appointment as vice president of foreign operations. Her employer, USA Corporation, told her the assignment...
Study smarter with the SolutionInn App