1.suppose that the demand forecast indicate that 1800 units of the product can be sold. the fixed cost is $3,000, the variable cost is $2 for each unit product and selling price $10 per unit. the decision to produce and sell 1800 units in a projected profit of?

Question

1.suppose that the demand forecast indicate that 1800 units of the product can be sold. the fixed cost is $3,000, the variable cost is $2 for each unit product and selling price $10 per unit. the decision to produce and sell 1800 units in a projected profit of?

2. waht is the break-even point problem 1 if you have the following:
fc=$3,000 selling price per unit=$15 variable cost=$2

Answer 1

You should indicate the school subject. That will usually result in a speedier response

Answer 2

Jiskha doesn't have a tutor who specializes in economics, but try this:

http://www.khanacademy.org/

Scroll all the way to the bottom of this webpage to find the microeconomics and macroeconomics sections.

Answer 3

To calculate the projected profit for producing and selling 1800 units, we need to consider the fixed costs, variable costs, and selling price per unit.

1. Projected Profit Calculation:
- Fixed Cost (FC): $3,000
- Variable Cost per unit (VC): $2
- Selling Price per unit (SP): $10

First, we need to calculate the total variable cost:
Total Variable Cost = Variable Cost per unit x Number of units
Total Variable Cost = $2 x 1800 = $3600

Next, we can calculate the total revenue generated from selling 1800 units:
Total Revenue = Selling Price per unit x Number of units
Total Revenue = $10 x 1800 = $18,000

Now, we can calculate the projected profit:
Projected Profit = Total Revenue - Total Variable Cost - Fixed Cost
Projected Profit = $18,000 - $3600 - $3000 = $11,400

Therefore, the projected profit for producing and selling 1800 units is $11,400.

2. Break-Even Point Calculation:
- Fixed Cost (FC): $3,000
- Selling Price per unit (SP): $15
- Variable Cost per unit (VC): $2

To calculate the break-even point, we need to determine the number of units that need to be sold to cover the fixed costs.

Break-Even Point (in units) = Fixed Cost / (Selling Price per unit - Variable Cost per unit)
Break-Even Point = $3,000 / ($15 - $2)
Break-Even Point = $3,000 / $13
Break-Even Point ≈ 230.77 units

Therefore, the break-even point for problem 1 is approximately 230.77 units.