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

question 84

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.
-Use the revenue and cost functions to write the profit function from producing and selling $x$ binoculars.

• A) \(P ( x ) = 2 x + 1500\)
• B) \(P ( x ) = 4 x + 1500\)
• C) \(\mathrm { P } ( \mathrm { x } ) = 2 \mathrm { x } - 1500\)
• D) \(\mathrm { P } ( \mathrm { x } ) = 4 \mathrm { x } - 1500\)

---

Definitions:

DL Wage Variance

The difference between the budgeted wage and the actual wage paid to direct labor employees.

DL Efficiency Variance

The difference between the actual hours worked by direct labor to produce goods and the expected (or standard) hours, multiplied by the standard labor rate.

Skilled Engineering Labor

Workforce with specialized technical and engineering skills, vital for designing, implementing, and maintaining complex systems.

Direct Labor Efficiency Variance

A measure that analyses the variance between the actual hours worked and the standard hours set for producing a certain number of units.