Answer to Question #213114 in Linear Algebra for Stephanie

Question

XY Company manufactures and sells LCD monitor at P5000 each. The 

production officer reported the following:

 Sale price: P5000 per monitor 

 direct materials cost: P1000 per unit

 direct labor cost: P550 per unit

 other overhead cost P950 per unit

Fixed costs related to the production are also reported:

 salary of management: P200,000

 rent for the factory: P150,000, 

 other salaries: P140,000

 depreciation of equipment: P12,000

a. Compute the total variable cost 

b. Compute the total fixed cost 

c. Compute total cost (TC) function 

d. Compute total revenue (TR) functione. 

e. Compute the profit function

f. Find the break-even quantity

g. Find the break-even sales revenue