The projected monthly revenue is computed by multiplying the daily income to the number of selling days in a month1 puntoTrueFalse
Question
The projected monthly revenue is computed by multiplying the daily income to the number of selling days in a month1 puntoTrueFalse
Solution
True
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Total monthly revenue = Total monthly cost$87 x Units produced x (x / 100) = Unit variable cost x Units produced x (x / 100) + $828,000 + $276,000$87x² / 100 = $62x² / 100 + $1,104,000$25x² / 100 = $1,104,000x² = 44,160,000 / 25x² = 1,766,400x = 42.0
Revenue is calculated as the number of units sold multiplied by the profit generated per unit.Group of answer choicestruefalse PreviousNext
Fill in the Blank QuestionFill in the blank question.A company expects to sell 400 units of Product X in January and expects sales to increase by 10% per month. If Product X sells for $10 each, the total sales for the first quarter of the year will be $.
The revenue that an apparel company earns each month for its different product lines fluctuates throughout the year. Over the course of a year, the revenue earned from clothing sales each month is modeled by function c, where x is the number of months since the beginning of the year.The revenue earned from sales of shoes and accessories each month is modeled by function s, where x is the number of months since the beginning of the year.𝑠(𝑥)=0.6𝑥3−10.2𝑥2+32.4𝑥+127.2Use this information to complete the statement.Between the 3rd and 6th months, the revenue earned from sales of shoes and accessories is at the revenue earned from sales of clothing.
A manufacturer has the following data regarding a product: Fixed cost per month = Rs. 50000 Variable cost per unit = Rs. 200 Selling price Per unit = Rs. 300 Production capacity = 1500 units per month If the production is carried out at 80% of the rated capacity, then the monthly profit (in Rs.) is________ :
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