Professional Documents
Culture Documents
Book 3
Book 3
Revenue(304.33(w1)*239,175(w1)) 72,788,127.75
Profit 22,381,872.25
Workings
w1) p=a-bq
B(2/5000) 0.0004
A(0.0004*1,000,000) 400
MR=A-2bq)
MR=variable costs
variable costs :
material z(500*0.10) 50
Materialy(300*0.50) 150
Machine costs(20/60*6) 2
labour costs(0.37 (w2)*18) 6.66
Q(400-208.66)/(0.0004*2) 239,175
P(400-(0.0004*239,175) 304.33