There Is a Fixed Cost of $50,000 to Start a Production

question 26

Essay

There is a fixed cost of $50,000 to start a production process.Once the process has begun,the variable cost per unit is $25.The revenue per unit is projected to be $45.
a.Write an expression for total cost.
b.Write an expression for total revenue.
c.Write an expression for total profit.
d.Find the breakeven point.

---

Definitions:

Hawthorne Effect

A phenomenon where individuals modify an aspect of their behavior in response to their awareness of being observed.

Manager

A person responsible for controlling or administering an organization or group of staff.

Human Relations

The field of study that examines how communication and relationships between individuals and groups affect organizational behavior and performance.

Productivity

The efficiency with which an organization or individual converts inputs into outputs, often measured as the amount of goods or services produced per unit of input.