both parts. a) What are the three methods used for solving systems of equations? Which method do you prefer to use? b) Break-Even Analysis – Systems of Equations Application Problem Suppose a company produces and sells pizzas as its product. Its revenue is the money generates by selling x number of pizzas. Its cost is the cost of producing x number of pizzas. Revenue Function: R(x) = selling price per pizza(x) Cost Function: C(x) = fixed cost + cost per unit produced(x) The point of intersection
Premium Pizza Costs
should be chosen‚ because it has maximum profit. It also has the best margin of safety and contribution/sales ratio. In proposal 2‚ an additional product W is added to the mix. So the fixed cost is increased. Although the fixed cost is increased‚ the profit increases sharply. What is noteworthy is that breakeven point is the largest in the 3 situations. It means that the company should take longer time to reach the breakeven point. So the company many have more risk. The recommendation is made on
Premium Costs Variable cost Fixed cost
1. a.) Contribution per CD unit: Unit Selling Variable Costs $9.00 1.25 - .35 1.00 = $6.40 $6.40 b.) Break-even volume in CD units and dollars: ($275‚000 + 250‚000) / 6.40 = 82‚032 units 82‚032 * $9.00 = $738‚288 to break even c.) Net profit if 1 million CD’s sold: 1‚000‚000 * 6.40 = 6‚400‚000 6‚400‚000 525‚000 = $5‚875‚000 d.) Necessary
Premium Revenue Variable cost Costs
received a salary of $9.90 per hour and works a 40-hour week and a 50-week year‚ regardless of the number of haircuts. As rent and other fixed expenses he expends $1‚750 every month‚ plus $ 0.40 as the cost of hair shampoo used on all his clients. This saloon is performing haircuts exclusively and each client paid a flat price of $ 12.00. He wanted for us to evaluate a new compensation method for his employees. Under the new system the barbers will receive a flat salary of $4 per hour‚ and a commission
Premium Variable cost Costs Cost
BUFN 750 Valuation for Corporate Finance | Case #1 Airbus A3XX | Developing the World’s Largest Commercial Jet | | 1. Airbus’ Interests & Objectives First of all‚ the large and cost-efficient A3XX would be popular with significant growth in the air transportation industry. Worldwide passenger traffic would almost triple in volume by 2019‚ with fuel price rising in the future. Creating large and cost-efficient aircrafts‚ rather than increasing frequencies and building
Premium Boeing Boeing 747 Airbus
settled and start to make a valuable‚ positive contribution to the team. This unit will help with this process. Learners will focus on the importance of effective communication‚ establishing what the most appropriate communication method is for each individual and how to overcome barriers to communication. Learners will also be taught the principles of confidentiality. Learning outcomes Unit SHC 21 is divided into five learning outcomes: 1 Understand why communication is important in
Premium Communication Nonverbal communication
Break-Even Point Author(s): Satya Prakash Singh and Jayant V. Deshpande Source: Economic and Political Weekly‚ Vol. 17‚ No. 48 (Nov. 27‚ 1982)‚ pp. M123+M125+M127M128 Published by: Economic and Political Weekly Stable URL: http://www.jstor.org/stable/4371597 . Accessed: 01/04/2014 04:34 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that
Premium Cash flow Net present value Variable cost
Training guide to break even analysis. What is breakeven analysis? Break even analysis is a calculation to show at what point you are making no profit or loss‚ so it is when a businesses total revenue covers total costs so it is to show how much output you will have to produce to cover your total costs‚ within a business. Break even is usually shown in the form of a graph. To work out the break even point of a business you need 3 important components which are: 1. Fixed costs‚ which are not
Premium Marketing Costs Variable cost
Chapter 7 - [ cost – volume – profit Analysis leverage ] Cost – Volume – profit Analysis {or Break ever analysis ) The break even point (BEP) man be defined as that level of sales at which total revenue in equal to total costs x the co will make no profit x also will have no loss. The volume of sales corresponding to BEP is known as break even output . If the co producer & sells less than the BE output it would in an a loss &if it producer &sells more than the BE output it
Premium Variable cost Costs Fixed cost
Unit 21 5.4. Legal duties and obligations around PPE The Personal Protective Equipment at Work Regulations 1992 These regulations seeks to ensure that where the risks cannot be controlled by other means‚ [ Personal Protective Equipment (PPE) is correctly selected and used. The Regulations do not apply where requirements are detailed in other regulations e.g. respirators in the Control of Substances 5.5. It is the responsibility of employees to: Ensure that they take reasonable care to protect
Premium Hygiene Hand washing