Homework Answers
Answer
The correct answer is (C) 14.
D = (375 - p)0.5
=> p = 375 - D2
Break-even occurs when TR = TC
where TC = Total Cost = TFC + TVC
where TFC = Total Fixed cost = 1176, TVC = Total Variable cost = Per unit variable cost * Quantity = 95D
TR = Total Revenue = p*D = (375 - D2)D
TC = Total Cost = TFC + TVC = 1176 + 95D
Hence, Break-even occurs when TR = TC => (375 - D2)D = 1176 + 95D
=> 375D - D3 = 1176 + 95D
=> D3 - 280D + 1176 = 0
Solving this we get :
D = 14
Hence, the correct answer is (C) 14.
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