Op Man HW 3 Chapters 6 & 7

That will require a higherlev elofrev enuetooffs

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: iv alent to: Q = FC/(SP – VC). b. Inc reas ing the fix ed c os t will inc reas e the total c os t for any lev el of produc tion/s ales . That will require a higher lev el of rev enue to offs et the inc reas ed total c os ts . c. Dec reas ing the unit v ariable c os t will dec reas e the total c os t for any lev el of produc tion/s ales . As a res ult, les s rev enue will be required to offs et the total c os ts . http://e z to.mhe c loud.mc gr a w- hill.c om/hm.tpx? todo= pr intvie w 5/10 1/29/2014 5. Assignme nt Pr int Vie w awar d: 0.50 out of 0.50 points Problem 7-11 Aldo Redondo driv es his own c ar on c ompany bus ines s . His employ er reimburs es him for s uc h trav el at the rate of 42 c ents per mile. Aldo es timates that his fix ed c os ts per y ear s uc h as tax es , ins uranc e, and deprec iation are $2,200. The direc t or v ariable c os ts s uc h as gas , oil, and maintenanc e av erage about 17.0 c ents per mile. How many miles mus t he driv e to break ev en? (Do not round interm ediate calculations. Roundup your answer to the next whole...
View Full Document

Ask a homework question - tutors are online