Question: an individual is in the process of developing a product...
An individual is in the process of developing a product and as part of the process they are making an estimate of profits. The product has a total cost of $ 3,950 based on a unit. In addition, it has a fixed cost associated with rents and others of $ 3,500 per month. The sale price of the product is $ 150 per unit
1-Indicate the Total Cost equation and determine Variable Cost per unit
2. How many units do you have to sell to have a profit of $ 7,200 per month?
3-Calculate equilibrium point.
B- The total costs of producing 216 units of coffee machines are $ 1480 and the costs of producing 370 units of the same product are $ 2250. The data follow a linear relationship
1. Determine the variable cost
2. Determine the fixed cost
3. Construct the total cost equation
4. Make a projection of how much will cost 500 units.
C- The total costs for a certain product are given by Ct=$ 7.5 X +300
a. Indicate the Variable cost
b. What is fixed cost?
c. How much will cost 100 units
D- The total cost equation for a certain product is given by the following equation $ 2.8X + 600. If the sale price of the product is $ 4.00 per unit. How many units do you have to sell for a profit of $ 500?
What is the equilibrium point?