Answer to Question #350047 in Financial Math for Temesgen Chekol

Question #350047

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.

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