Given the Cost Function, C(x), and the Revenue Function, R(x)

question 48

Multiple Choice

Given the cost function, C(x) , and the revenue function, R(x) , find the number of units x that must be sold to break even.
-Three trains  one eastbound, one westbound, and one northbound  leave a city at the same time. The speed of the northbound train is 10 miles per hour greater than the speed of the eastbound train. After 2 hours, the
Distance between the westbound train and the eastbound train is 200 miles. Twice the speed of the westbound
Train is 100 miles per hour more than the speed of the northbound train. Find the speeds of the three trains.

• A) eastbound, 40 mph; westbound, 70 mph; northbound, 30 mph
• B) eastbound, 20 mph; westbound, 80 mph; northbound, 40 mph
• C) eastbound, 30 mph; westbound, 70 mph; northbound, 40 mph
• D) eastbound, 40 mph; westbound, 70 mph; northbound, 50 mph

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Definitions:

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services, forming a significant component of manufacturing costs.

Job-Order Costing

Job-order costing is an accounting method that assigns costs to specific jobs or batches, useful in industries where each product or service is customized.

Direct Labor Costs

Expenses directly associated with the labor used in the production of goods or services, such as wages for workers on the assembly line.

Overapplied Overhead

Refers to a situation where the applied (or allocated) manufacturing overhead costs are greater than the actual manufacturing overhead costs incurred.