Answer to Question #350047 in Financial Math for Temesgen Chekol

Question

In its first year, “ABC Co” had the following experience

Sales = 50,000 units Selling price = br. 50

TVC = br. 1,000,000 TFC = br. 250,000

Required:

Develop Revenue, cost & profit functions for the co. in terms of quantity.

Find the Breakeven point in terms of quantity

Convert the cost equation in terms of quantity in to a cost equation in terms of revenue

Find the Breakeven revenue

If profit had been br. 500,000 what would have been the sales volume (revenue) & the quantity of sales

What would have been the profit if sales are br. 2,000,000.

Answer 1

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