Questions from Business Mathematics

Q: A company’s sales revenue decreased by 15% from one operating period

A company’s sales revenue decreased by 15% from one operating period to the next. Assuming no change in the prices of its inputs and outputs, by what percentage did: 1. Fixed costs change? 2. Unit var...

Q: Triax Corp. produced 50,000 gizmos at a total cost

Triax Corp. produced 50,000 gizmos at a total cost of $1,600,000 (including $400,000 of fixed costs) in the fiscal year just completed. If fixed costs and unit variable costs do not change next year,...

Q: Dynacan Ltd. manufactured 10,000 units of product last year

Dynacan Ltd. manufactured 10,000 units of product last year and identified the following manufacturing and overhead costs. (V denotes “variable cost” and F denotes “fixed cost.”) Materials used in man...

Q: CD Solutions Ltd. manufactures and replicates CDs for software and music

CD Solutions Ltd. manufactures and replicates CDs for software and music recording companies. CD Solutions sells each disc for $2.50. The variable costs per disc are $1.00. 1. To just break even, how...

Q: Leaving other variables unchanged, what effect does increasing the value of

Leaving other variables unchanged, what effect does increasing the value of FC have on: 1. the fixed cost (FC) line? 2. the total cost (TC) line? 3. the total revenue (TR) line? 4. the break-even poin...

Q: Express decimal and percent equivalent forms in the repeating decimal notation.

Express decimal and percent equivalent forms in the repeating decimal notation. Show just the minimum number of decimal places needed to display the repeating digit or group of digits. 1 1 11

Q: Clone Computers assembles and packages personal computer systems from brand-name

Clone Computers assembles and packages personal computer systems from brand-name components. Its Home Office PC System is assembled from components costing $1400 per system and sells for $2000. Labour...

Q: Huntsville Office Supplies (HOS) is evaluating the profitability of leasing

Huntsville Office Supplies (HOS) is evaluating the profitability of leasing a photocopier for its customers to use on a self-serve basis at 10¢ per copy. The copier may be leased for $300 per month pl...

Q: Jordan is developing a business plan for a residential building inspection service

Jordan is developing a business plan for a residential building inspection service he wants to start up. Rent and utilities for an office would cost $1000 per month. The fixed costs for a vehicle woul...

Q: A small manufacturing operation can produce up to 250 units per week

A small manufacturing operation can produce up to 250 units per week of a product that it sells for $20 per unit. The variable cost per unit is $12, and the fixed costs per week are $1200. 1. How many...