Hizan is the owner of a company manufacturing shirts. His company is selling the shirts at a price of ₹200 per unit. The variable costs is ₹150 per unit. The fixed costs for the period is ₹5,00,000/-. Calculate the minimum number of units that must be sold for the company to attain break even. Show break even in terms of rupees.

Answers

Answer 1

Given:

Selling price = ₹200 per unit

Variable costs = ₹150 per unit.

Fixed costs for the period = ₹5,00,000

To find:

The minimum number of units that must be sold for the company to attain break even and break even in terms of rupees.

Solution:

We know that,

Total cost = Fixed cost + Variable cost

Let the number of manufacturing shirts be x, so the cost function for the shirts is

[tex]C(x)=500000+150x[/tex]

Selling price is ₹200 per unit. So, revenue function is

[tex]R(x)=200x[/tex]

At break even point the company has no profit no loss. It means, revenue is equal to cost.

[tex]R(x)=C(x)[/tex]

[tex]200x=5,00,000+150x[/tex]

[tex]200x-150x=5,00,000[/tex]

[tex]50x=5,00,000[/tex]

Divide both sides by 50.

[tex]x=10000[/tex]

Therefore, minimum number of units that must be sold for the company to attain break even is 10,000.

To find the break even price, substitute x=10000 in either cost function or revenue function.

[tex]R(10000)=200(10,000)[/tex]

[tex]R(10000)=20,00,000[/tex]

Therefore, the break even in terms of rupees is ₹20,00,000.


Related Questions

What is the meaning of time recovering ​

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Answer:

to recover a wound

Explanation:

time to recover the sentence shows recover what can possibly recover ofcource a wound.

Which of the following does not represent a copyright?

Answers

Answer:

what are the options so i can help.

Explanation:

Five data entry operators work at the data processing department of the Birmingham Bank. Each day for 30​ days, the number of defective records in a sample of 200 records typed by these operators has been​ noted, as​ follows:                                                                                                                       Sample No. No. Defectives Sample No. No. Defectives Sample No. No. Defectives 1 7 11 6 21 18 2 6 12 6 22 12 3 20 13 15 23 6 4 10 14 3 24 6 5 10 15 11 25 14 6 8 16 7 26 9 7 12 17 13 27 14 8 10 18 5 28 6 9 5 19 17 29 11 10 14 20 16 30 4 ​a) Establish 3sigma upper and lower control limits. UCL Subscript p ​=

Answers

Answer:

UCL =  22.336

LCL=  -2.936

Explanation:

Sple No. No. Defectives Sple No. No. Defectives Sple No. No. Defectives

1             7                               11                   6                    21 1             8

2             6                             12                   6                     22           12

3             20                           13                      15                    23          6

4               10                           14                        3                    24        6

5               10                            15                         11               25          14

6              8                              16                    7                     26           9

7             12                               17                     13                  27          14

8                10                                18                  5                     28       6

9                  5                             19                       17                  29       11

10                14                             20                     16                30          4

               

UCL= X~+ 3σ

LCL= X~- 3σ

Using calculator we get

X`= ∑x/n=7 + 6 +18+ 6 + 6  +12 + 20+  15 + 6 + 10 + 3+  6 + 10 + 11+  14+  8+  7+ 9+  12 + 13+  14 + 10 + 5 + 6 + 5 + 17 +11+  14+  16+  4/30 ​=  9.7        

σ= 4.212

UCL = 9.7 + 3(4.212) = 22.336

LCL= 9.7 - 3(4.212) = -2.936



Sports and entertainment products are non-perishable.

Answers

No that is false. Because sports and entertainment usually are short lived while they are being performed they are considered perishable.

If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers

Answers

Answer:

proper technology to keep the person connected

Answer:

proper technology to keep the person connected

Explanation:

A person in the  Business, Management, and Administrative career have a desk and computer in the office. For them to work efficiently, they will need to have a similar setting at home. In the office, they are most likely connected to the company's private network via the intranet.

To work from home efficiently, the person will need a strong and reliable technology to stay in touch with the official business. He or she will require access to the office files and programs while at home. Technology will be required to facilitate the seamless flow of information between him, his colleagues, and supervisors.

Your company has sent you an email telling you your department must increase the daily output goal of 120 widgets per hour, to 126 widgets per hour. Everyone on your team recognizes more efficient production will lead to more profit for the company, and a higher chance for a raise for each of them. As usual, you will hold a brief meeting explaining the new directive and provide the deadline as to when this new daily production goal must be met with regularity. The meeting ends after a couple of clarifying questions and answers, and you and your employees get back to work on meeting the deadline for the new goal. What management theory best describes the management style of this company? What leadership style will you employ to get the required increase in production of widgets your company requested? Why is this leadership style the best fit for this scenario?

Answers

Answer:

Participative Leadership style.

Explanation:

Participative leadership, also known as democratic leadership, is one in which the leader has the central focus of employee engagement and participation in important company decisions. In this style of leadership, the manager has a crucial role of being the main motivator and advisor of the team, being solicitous to guide, coordinate and assist his subordinates in all their work demands, so that the goals and organizational goals are achieved.

This style of participatory leadership would be more appropriate for this scenario as there are deadlines for completing tasks, which requires a motivated and productive team, which is essential in participatory leadership.

The motivation of employees is achieved due to clear and guiding communication from the leader, which creates the perception of inclusion and appreciation of the employee, who feels an essential and important part of the organization.

Which type of data does your company collect from customers or potential customers?
A.
Positioning data
B.
Market share data
C.
Primary data
D.
Secondary dat

Answers

I’m going with C primary data

Did Sue draw this circle​ change into passive voice

Answers

Answer:

Was this circle drawn by Sue?

Explanation:

The purpose of an electric spreadsheet is to and data in an concise manner

Answers

Answer:

A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.

A trait is quality of your own character. True or false

Answers

True. Traits are similar to characteristics of a character

Answer:

True

Explanation:

A trait defines who you are

Lynwood Bauer was paid $7.25 an hour for his first 2 months of work at his after-school job. He earned $7.45 an hour in the next month and $7.25 in the next four months. What is his average hourly pay rate for the months he worked at his part time job, to the nearest cent /

Answers

Answer:

$7.56

Explanation:

The computation of the average hourly pay rate is shown below:

= (Total wages for all seventh month) ÷ (number of months)

= ($7.25 × 2 + $7.45 + $7.25 × 4) ÷ (7 months)

= $7.56

Hence, the average hourly pay rate for the month is $7.56 and the same is to be considered

We simply applied the above formula

Graphical information can be useful in
a.
Math only
c.
Science only
b.
Social Studies only
d.
All subjects

Answers

Answer:

d all subjects

Explanation:

think its right sorry if its wrong

The answer fam is..........D) All subjects

Name one way a person becomes eligible to vote.

Answers

registered American citizen

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Economists define capital as money used to start a business.



True




False

Answers

Answer:

False

Explanation:

Economists define capital as money used to start a business. The given statement is False.

Capital is the money a business requires to operate and grow. Cash on hand, accounts receivable, close cash, equity, and capital assets are typical kinds of capital.

What does capital mean in economics?

A factory and its equipment, intellectual property like patents, or financial assets owned by a firm or individual are all examples of things that offer their owner value or an advantage. Despite the fact that money can technically be considered capital, the term is typically used to refer to funds utilized for investments or the production of goods.

The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources. Financial entities such as brokerages and others employ trading capital.

Thus, the given statement is untrue.

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One of the FBLA-PBL's goals is creating more interest in and understanding of
American business______
A. services
B. products
C. enterprise
D. mentorships

Answers

Answer:

C. enterprise

Explanation:

It says on its website where you click on their about page and scroll down to their goals.

Answer:

enterprise

Explanation:

FBLA-PBL is a non-profit organizations that was created to provide help for students who wanted to transition from their school life to the business world.

FBLA focused their operation to help students middle school-high school while PBL focused their operation to help students in College.

This organization taught the students with a couple of knowledge from Industry's expert about how to run and operate a businesses. They teach the students about things such as:

- a list of knowledge or expertise that will be seen as a valuable skill in a certain industry,

-  what to expect when they're interacting with their customers and employers,

- how to deal with investors,

-  etc.

If an owner gives personal tools to the business, how is the transaction recorded?

Answers

As an additional investment by the owner recorded on the basis of fair market value.

Money market is essentially a market for short term funds. Discuss

Answers

Answer:

ok so a money market is like say you want to start a business, you have to invest in your business to start getting money back  

Explanation:

so say Sarah wanted to start a bracelet business she has to buy the things for it and buy flyers and things to start earning customers to get money back :)

hope this helps I'm only in 10th grade so this was hard to explain

Identify a circumstance outside the economy that can cause unemployment.

A. The United States hosts the Olympic Games

B. A hurricane damages the Gulf Coast

O

C. A new museum opens in the city of Dallas

O

D. The northeast experiences a summer heat wave

Answers

Answer:

B. A hurricane damages the Gulf Coast

Explanation:

If a hurricane occurs, it would destroy businesses and this can cause unemployment.

If the United States hosts the Olympic Games  and if a new museum opens in the city of Dallas, employment would increase

What are some typical roles filled by the construction manager? (Select all that apply.)

responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable

Answers

Answer:

Construction managers typically do the following:

1. Prepare cost estimates, budgets, and work timetables.

2. Interpret and explain contracts and technical information to other   professionals.

3. Report work progress and budget matters to clients.

4. Collaborate with architects, engineers, and other construction specialists.

Explanation:

The answer is responding to emergencies and conducting structural calculations and establishing a project timetable.

The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each year, using the first year as the base year. Fill in the blanks in the table, and then calculate the annual inflation rate for each year (not including the base year).



Instructions: Round your answers to 2 decimal places.

Answers

Answer:

Year  Nominal wage  Real wage  Price level  Inflation rate

1                  $7                  $5                140             Nil

2                 $9                  $6                150               7.14 %

3                 $12                 $7.5             160              6.67 %

Explanation:

Note: The table for the question is attached as picture

Price level in Year 1 = (Nominal wage in year 1/Real wage in year 1) * 100  

Price level in Year 1 = ($7.00 / $5.00) * 100

Price level in Year 1 = 1.4 * 100

Price level in Year 1 = 140

Real wage in Year 2 = (Nominal wage in year 2 / Price level in year 2) * 100.

Real wage in Year 2 = ($9.00 / 150.00) * 100

Real wage in Year 2 = $6

Nominal wage in Year 3 = (Real wage in Year 3 * Price level in Year 3) / 100.

Nominal wage in Year 3 = ($7.50 * 160) / 100

Nominal wage in Year 3 = $1,200 / 100

Nominal wage in Year 3 = $12

Inflation rate in Year 2 = (Price level in Year 2 - Price level in Year 1) / Price level in Year 1.

Inflation rate in Year 2 = (150 - 140) / 140

Inflation rate in Year 2 = 10 / 140

Inflation rate in Year 2 = 0.0714

Inflation rate in Year 2 = 7.14 %

Inflation rate in Year 3 = (Price level in Year 3 - Price level in Year 2) / Price level in Year 2.

Inflation rate in Year 3 = (160 - 150) / 150

Inflation rate in Year 3 = 10 / 150

Inflation rate in Year 3 = 0.0667

Inflation rate in Year 3 = 6.67%.

Price level in year 1 , Real wages in year 2 , Inflation rate in year 2 and Nominal wages in year 3 are 180, 8, 11.11% and 18 respectively.

Inflation based problem:

Missing information is given in the picture below.

Computation:

Price level in year 1 = [NW / RW]100

Price level in year 1 = [9 / 5]100

Price level in year 1 = 180

Real wages in year 2 = NW[100 / Price level in year 2]

Real wages in year 2 = 16[100 / 200]

Real wages in year 2 = 8

Inflation rate in year 2 = [tex]\frac{Price\ level \ in \ year 2 - Price\ level \ in \ year 1}{Price\ level \ in \ year 1} \times 100[/tex]

Inflation rate in year 2 = [tex]\frac{200-180}{180} \times100[/tex]

Inflation rate in year 2 = 11.11%

Nominal wages in year 3 = [tex]\frac{Real \ wages \times price \ level \ in \ year 3}{100}[/tex]

Nominal wages in year 3 = [tex]\frac{7.50 \times240}{100}[/tex]

Nominal wages in year 3 = 18

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Describe two things you can do to make sure you are using another person's work fairly.

Answers

Answer:

cite the source and describe how you obtained it

write any five points to be considered while selecting an occupation​

Answers

Answer:

Here are the top five things that you should consider when choosing a new education or career path.

Your Happiness. It may sound cliché, but the number one thing that you should consider when choosing a career is your happiness. ...Marketability. ...Social Environment. ...Your Work Style. ...Your Priorities.

Five points that one should considering in selecting an occupation are Personal Interests, Strengths, Required Education and Training, Career Marketability, and Personal Values.

One's Personal Interests must be considered as the foremost factor when choosing an occupation.  This simply means that the occupation or career should align with the person's interests.  For example, if you are interested in caring for others, you can consider a career in nursing.

Strengths: These include the person's natural talents, acquired skills, and developed abilities.  Aligning an occupation with your natural strengths make way for career success and happiness.

Every occupation requires some level of education or training to carry out the job according to specified performance criteria.  The person choosing an occupation should discover the educational or training requirements before engaging in it.

Other factors to consider are personal value system and the marketability of the chosen occupation.  If your choice of occupation is not required in the market, it does not create any value for the person.  Alignment of personal value to one's occupation is also important.  For example, if you do not support abortion, it will be wrong working in Planned Parenthood International.

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Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?

Answers

Answer:competitive advertising

Explanation:

I’m not for sure but I think that might be the answer

Answer: competitive advertising

Explanation:

if on online course it is what was right

After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.

Answers

After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.

What is investing?

Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.

Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.

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Waterway Industries has a material price standard of $2.00 per pound. 6600 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6600 pounds, although the standard quantity allowed for the output was 5200 pounds.

Answers

Answer:

The appropriate solution will be "$1320".

Explanation:

The given values are:

Material's actual quantity

= $6600

Standard price

= $2.00

Actual price

= $2.20

Now,

The material price variance will be:

= Actual quantity (Standard price - Actual price)

On substituting the values, we get

= [tex]6600(2.00-2.20)[/tex]

= [tex]6600\times (-0.20)[/tex]  

= [tex]1320[/tex] ($)

In a set of 100 ACT scores that are normally distributed and with a mean of 23 and standard deviation of 4.69, a. How many scores are expected to be lower than 18.31 (one standard deviation below the mean)? B. How many of the 100 scores are expected to be below 32.38 (two standard deviations above the mean)?

Answers

Answer:

A) 16 scores

B) 98 scores

Explanation:

if we look at a normal distribution table, 50% + 34.13% of all scores will be greater than 18.31 (one standard deviation)

this means that 84.13% or 84 scores will be higher than 18.31, so 100 - 84 = 16 scores will be lower than 18.31

we follow a similar procedure for 2 standard deviations, where 50% + 47.72% of the scores will be lower than 32.38 (the other side of the bell curve)

this means that 97.72% or 98 scores will be lower than 32.38

hey this is for thebeauty4evr19 so don't take it or im reporting u

Answers

Answer:

ty

Explanation:

Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but his senior manager did not permit him and forced him to work strictly in accordance with the plan. Which limitation of planning is highlighted in this case

Answers

Answer: Planning reduces creativity

Explanation:

Under Planning reduces creativity, all team menbers are instructed or directed to work within the frame given by the management to them, working outside the frame of what was issued would go against the directives of the organization. This type of limitation of planning limits creativity, because members won't be able to introduce ideas to advance the growth of the team.

What is social responsibility?

Answers

Answer:

it is things you should do as a person

Explanation:

ex- vote

Answer:

Togetherness

Explanation:

The thought that people need to work together despite differences so they can benefit society as a whole.

What happens when sellers compete with other sellers to meet consumer's demands, and consumers compete with other consumers to find the goods with the lowest cost and the highest quality? Multiple select question. Markets are efficient. Markets are competitive. Markets are regulated.

Answers

Answer:

Markets are competitive.

Explanation:

In the competitive market, the number of sellers competed with each other in terms of prices, quality, maximize the market share.

In the given situation, various sellers are competed with each other for meeting out the consumer demands also at the same time it offers the goods at lowest cost and highest quality so that it capture the whole market

Therefore the second option is correct

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