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What is the breakeven price when the quantity or services is 3000 fixed costs 45000 average cost per unit is 150 and required profit is 30000?
You are asking two different questions here. At Breakeven, there is no profit. So the questions are: At what selling price do you breakeven?; and At what selling price do you make a profit of 30,000? The formula is the same for both questions: P = Q(S - C) - F Where P=profit, Q=quantity sold, S=selling price, C=variable cost per unit and F=fixed costs. At breakeven: 0 = 3000(S-150) - 45000 or 3000(S) = 495,000 so S=165 Then, for your given profit: 30,000 = 3000(S-150) - 45000 or 3000(S) = 525,000 so S=175
What else can I help you with?
Why average cost increase when marginal cost is increasing?
Marginal cost = derivative of (Total cost/Quantity) Where Total cost = fixed cost + variable cost Marginal cost = derivative (Variable cost/Quantity) (by definition, fixed costs do not vary with quantity produced) Average cost = Total cost/Quantity The rate of change of average cost is equivalent to its derivative. Thus, AC' = derivative(Total cost/Quantity) => derivative (Variable cost/Quantity) = MC. So, when MC is increasing, AC' is increasing. That is, when marginal cost increases, the rate of change of average cost must increase, so average cost is always increasing when marginal cost is increasing.
Is there any complaints about Support Services of America Inc?
Yes, Support Services of America has some very negative reviews. They average a one star rating on Yelp (the lowest possible). Check out some reviews here: http://www.yelp.com/biz/support-services-of-america-norwalk
What is a cash operating cycle?
A Cash operating Cycle is the average time taken to acquire goods and services and convert them to cash in producing revenues
What is the average time required to take online medical billing schools courses?
Depending on the type of program chosen,your classes can range from 3-24 months.
Who are required to pay taxes?
Everyone is required to pay taxes it's just that some people pay more depending on what the stupid government thinks is right. Rich people pay least taxes middle class pays average and poor/lower class pay a lot.
What is the average fixed cost and how does it impact the overall cost structure of a business?
The average fixed cost is the total fixed costs divided by the quantity of output produced. It represents the cost per unit of production that does not change with the level of output. Fixed costs impact the overall cost structure of a business by influencing the breakeven point and determining the minimum level of production needed to cover these costs. Businesses with high fixed costs may have higher breakeven points and require higher levels of production to achieve profitability.
What is the average photo editing cost for professional services?
The average cost for professional photo editing services typically ranges from 50 to 150 per hour, depending on the complexity of the editing required and the experience of the editor.
What happens to the price and the quantity of goods and services sold when a store runs a sale?
When a store runs a sale the price of goods is lowered. The quantity of goods and services sold might be higher than average. A store might make more money this way because a larger volume of goods is sold.
What is the difference between average and weighted average?
weighted average is an average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average.
What is the average cost per photo for professional photo editing services?
The average cost per photo for professional photo editing services is typically between 5 to 50, depending on the complexity of the editing required and the experience of the editor.
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Equation for marginal cost and average cost?
Marginal cost - the derivative of the cost function with respect to quantity. Average cost - the cost function divided by quantity (q).
Economics what is the arc elastic?
measure of the average responsiveness of quantity to price over an interval of the demand curve. = change in quantity/ Quantity ___________________________ change in price/ Price
What happens to the price and the quantity of goods and service sold when a store runs a sale?
When a store runs a sale the price of goods is lowered. The quantity of goods and services sold might be higher than average. A store might make more money this way because a larger volume of goods is sold.
What is the equation for average product?
the total product divided by quantity
Why average cost increase when marginal cost is increasing?
Marginal cost = derivative of (Total cost/Quantity) Where Total cost = fixed cost + variable cost Marginal cost = derivative (Variable cost/Quantity) (by definition, fixed costs do not vary with quantity produced) Average cost = Total cost/Quantity The rate of change of average cost is equivalent to its derivative. Thus, AC' = derivative(Total cost/Quantity) => derivative (Variable cost/Quantity) = MC. So, when MC is increasing, AC' is increasing. That is, when marginal cost increases, the rate of change of average cost must increase, so average cost is always increasing when marginal cost is increasing.
What quantity tells how hot something is?
Temperature is the quantity that tells how hot something is. It is a measure of the average kinetic energy of particles in a substance.
