A new product is being designed by an engineering team at Golem Security. Several managers and employees from the cost accounting department and the marketing department are also on the team to evaluate the product and determine the cost using a target costing methodology. An analysis of similar products on the market suggests a

A monopolist's demand function is given by
P = 80-3Q
(with MR = 80-6Q).
Its total cost function is
TC = 20Q + 200
(with MC = 20).
(i) Using algebra determine the profit maximizing output, price and optimal profit for the firm.
(ii) Suppose that instead of maximizing profit, the firm wants to maximize total revenue

Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity- based costing system contains the following six activity cost pools and activity rates:
K425 M57
Direct Materials cost per unit $13.00 $56.00
Direct Lab

Prove that a necessary and sufficient condition that the element 'a' in the Euclidean ring is a unit is that d(a) = d(1).
Or, Prove that the element 'a' in the Euclidean ring is a unit if and only if d(a) = d(1).

Elasticity and Revenue
Suppose that q = 500 - 2p units of a certain commodity are demanded when p dollars per unit are charged, for
0<=p<=250.
a) Determine where the demand is elastic, inelastic, and of unit elasticity with respect to price.
b) Use the results of part (a) to determine the intervals of increase and

What type of Algebra problems covered in an Algebra 1 course do you find to be the most challenging? Why? What did you learn from the experience of an Algebra 1 course and how did you overcome this challenge? If you could provide some tips or advice to new Algebra 1 students, what would you share with them?

PH Toy Company is unsure of whether to sell its product assembled or unassembled. The unitcost of the unassembled product is $30 and PH Toy would sell it for $65. The cost to assemble the product is estimated at $21 per unit and the company believes the market would support a price of $85 on the assembled unit. What decision

A monopoly producing a chip at a marginal cost of $6 per unit faces a demand elasticity of -2.5. Which price should it charge to optimize its profits? A) $6 per unit; b) $8 per unit; c) $10 per unit; d) $12 per unit.

Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $1,500,000, allocated on the basis of the number of units produced. Selling price is computer by adding a 20% markup to full cost.
How much should the selling price be per unit for 300,000 units?
$49
$