Calculate the missing values. Express dollar values rounded to two decimal places andbreak-even volumes rounded up to the next integer.Fixed Cost(FC) permonthVariableCost (VC)SellingPrice (5)per unitTotal VariableCost at Break- Revenue (TR)even (TVC)per monthBreak-evenTotalVolume (x)per monthper month atBreak-Evenper unit$8,700.00$24.00$36.00$0.00$0.00$130,000.00$470.001,030S0.00$0.00$0.00$740.00$79.0022$0.0050.00S0.00$31.00$53.00440S0.00S0.00S0.00-1°C

*Answer: Fixed cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit…

Selling Price (5) Break-even Volume (x) Total Variable Cost at Break- Re Variable Cost (VC) even (TVC) per month per unit per unit per month pe Br $24.00 $36.00 $0.00 $470.00 1,030 $0.00 $0.00 $79.00 22 $0.00 S0.00 $31.00 $53.00 440 S0.00 %23

Selling Price (5) Break-even Volume (x) Total Variable Cost at Break- Re Variable Cost (VC) even (TVC) per month per unit per unit per month pe Br $24.00 $36.00 $0.00 $470.00 1,030 $0.00 $0.00 $79.00 22 $0.00 S0.00 $31.00 $53.00 440 S0.00 %23

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Calculate the missing values. Express dollar values rounded to two decimal places and
break-even volumes rounded up to the next integer.
Fixed Cost
(FC) per
month
Variable
Cost (VC)
Selling
Price (5)
per unit
Total Variable
Cost at Break- Revenue (TR)
even (TVC)
per month
Break-even
Total
Volume (x)
per month
per month at
Break-Even
per unit
$8,700.00
$24.00
$36.00
$0.00
$0.00
$130,000.00
$470.00
1,030
S0.00
$0.00
$0.00
$740.00
$79.00
22
$0.00
50.00
S0.00
$31.00
$53.00
440
S0.00
S0.00
S0.00
-1°C

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Output (unit) Total cost (RM) Total fixed cost (RM) Total variable cost (RM) Average fixed cost (RM) Average variable cost (RM) Average total cost (RM) Marginal cost (RM) 0 600 600 - - - - - 10 1050 600 450 60 45 105 45 20 1450 600 850 30 42.5 72.5 40 30 1800 600 1200 20 40 60 35 40 2100 600 1500 15 37.5 52.5 30 50 2450 600 1850 12 37 49 350 60 2850 600 2250 10 37.5 47.5 40 70 3300 600 2700 8.57 38.57 47.14 45 80 3850 600 3250 7.5 40.625 48.125 55 90 4500 600 3900 6.67 43.34 50 65 100 5250 600 4650 6 46.5 52.5 75 Which time period is the firm operating? Why?