18 Medro Sat Down And Thought About The Information Needed To Do His Monthly Breakeven Analysis For The Coffee Drinks He 1 (40.76 KiB) Viewed 39 times
18 Medro Sat Down And Thought About The Information Needed To Do His Monthly Breakeven Analysis For The Coffee Drinks He 2 (47.78 KiB) Viewed 39 times
18 Medro sat down and thought about the information needed to do his monthly breakeven analysis for the coffee drinks he sells. He came up with the following 2 equations after collecting all the data regarding selling price, fixed cost, and variable cost: TR = 2Q (The Total Revenue Equation) TC = 2750 +0.75Q (The Total Cost Equation) How many coffee drinks must he sell each day in order to make a monthly profit of 4000 KD if he is open 30 days each month? (6 Points) a. 5400 b. 33.33 c. 180 d. 81.82 e, none of the above 19 Medro wants to decide if he should make a new sandwich he will call "Super" or not. It will cost him 0.500 KD to make this sandwich. He will sell it for 1 KD. His fixed costs per month will be 1500 KD. If he expects to sell 1000 "Super" sandwiches/week, should he make this sandwich? (6 Points) a. No b. Yes
16 Medro was going over his notes from GUST. He read: "Manufacturing organizations have a production function because they produce tangible goods. Service organizations don't have a production function because services cannot be produced, they can only be delivered". He thinks this statement is false. (4 Points) a. Medro's thinking is correct b. Medro's thinking is not correct 17 Medro was also reading in his notes from GUST: "The maximum amount of time an activity can be delayed without delaying the entire project is known as the project completion time". He thinks this statement is false. (6 Points) a. Medro's thinking is correct. b. Medro's thinking is not correct
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