Complete solution please XY Company manufactures and sells LCD monitor at P5000 each. Theproduction officer reported the following:Sale price: P5000 per monitordirect materials cost: P1000 per unitdirect labor cost: P550 per unitother overhead cost P950 per unitFixed costs related to the production are also reported:salary of management: P200,000rent for the factory: P150,000,other salaries: P140,000depreciation of equipment: P12,000a. Compute the total variable costb. Compute the total fixed costc. Compute total cost (TC) functiond. Compute total revenue (TR) functione. Compute the profit functionf. Find the break-even quantityg. Find the break-even sales revenue6.

The given information includes the fixed costs of the XY Company, the variable costs per unit of the…

a. Compute the total variable cost b. Compute the total fixed cost c. Compute total cost (TC) function d. Compute total revenue (TR) function e. Compute the profit function f. Find the break-even quantity g. Find the break-even sales revenue

a. Compute the total variable cost b. Compute the total fixed cost c. Compute total cost (TC) function d. Compute total revenue (TR) function e. Compute the profit function f. Find the break-even quantity g. Find the break-even sales revenue

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

Complete solution please

XY Company manufactures and sells LCD monitor at P5000 each. The
production officer reported the following:
Sale price: P5000 per monitor
direct materials cost: P1000 per unit
direct labor cost: P550 per unit
other overhead cost P950 per unit
Fixed costs related to the production are also reported:
salary of management: P200,000
rent for the factory: P150,000,
other salaries: P140,000
depreciation of equipment: P12,000
a. Compute the total variable cost
b. Compute the total fixed cost
c. Compute total cost (TC) function
d. Compute total revenue (TR) function
e. Compute the profit function
f. Find the break-even quantity
g. Find the break-even sales revenue
6.

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