in its first year'abol buna company 'had the folling experiences sales =25000,tvc=birr 1500000, selling price =100 birr ,tfc =350000 to find revenu,cost,profit interm of qantity?
3 years ago
3 years ago
2. In its first year, “ABOL BUNA” Company had the following experience.
Sales = 25,000 units Selling price = Birr 100
Total variable cost = Birr 1,500,000 TFC = Birr 350,000
3 years ago
2. In its first year, “ABOL BUNA” Company had the following experience.
Sales = 25,000 units Selling price = Birr 100
Total variable cost = Birr 1,500,000 TFC = Birr 350,000
Required:
a) Develop revenues, cost, and profit functions for the company in terms of quantity.
b) Find the break-even point in terms of quantity.
c) Convert the cost equation in terms of quantity in to a cost equation in terms of revenue.
d) Find the break-even revenue.
e) If profit had been Birr 500,000 what would have been the sales volume (revenue) and the quantity of sales.
f) What would have been the profit if sales were Birr 2,000,000?
3. A retail co plans to work on a margin of 44% of retail price and to incur other variable costs of 4%. If it expects fixed cost of Birr 20,000,
3 years ago
Please Response the answer
3 years ago
I donot know
3 years ago
I donnot know
3 years ago
In its first year, “ABOL BUNA” Company had the following experience.
Sales = 25,000 units Selling price = Birr 100
Total variable cost = Birr 1,500,000 TFC = Birr 350,000
Required:
a) Develop revenues, cost, and profit functions for the company in terms of quantity.
b) Find the break-even point in terms of quantity.
c) Convert the cost equation in terms of quantity in to a cost equation in terms of revenue.
d) Find the break-even revenue.
e) If profit had been Birr 500,000 what would have been the sales volume (revenue) and the quantity of sales.
f) What would have been the profit if sales were Birr 2,000,000?
3 years ago
answer
3 years ago
Ansewr
1 one by one
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Calculate
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thank u
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I need the solution set
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For learning
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good
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answer
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All
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Answer the top question
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Nice
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Answer
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Answers and caluculations step by step
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mathematicsformanagementandbusinessmathematics
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