All soluitons

Please refer attached file for better understanding of formulas. Solutions: Problem 1.14 Fixed Costs=Cost of using equipment=F=$350 Variable Cost per unit=V=$8 Price per unit=P=$15 a) Qty sold=Q=20 Total Revenue=P*Q=$300 Total Variable Costs=V*Q=$160 b) Breakeven Point=F/(P-V)=350/(15-8)=50 Total Revenue=Price*BEP=$750 Problem 1.15 Fixed Costs=Rent of booth=F=$150 Variable Cost per unit=V=$20 Price per unit=P=$50 Breakeven Point=F/(P-V)=150/(50-20)=5 He needs to sell 5 units to breakeven. Problem 1.16 Fixed Costs=Rent of booth=F=$150 New Variable Cost per unit=V=$15 Price per unit=P=$50 Breakeven Point=F/(P-V)=150/(50-20)=4.29 Problem 1.17 Fixed Costs=Printing Costs+Fee=F=$1,400 Variable Cost per unit=V=$3 Price per unit=P=$5 Breakeven Point=F/(P-V)=150/(50-20)=700.00 She needs to sell 700 programs to breakeven. Problem 1.18 Fixed Costs=Printing Costs+Fee=F=$1,400 Variable Cost per unit=V=$3 Price per unit=P=? Breakeven qty=Q=500 Let the price be P. Total Costs=Fixed Costs+Variable Costs=$2,900 (1400+3*500) Total Revenue=P*Q= 500*P At breakeven Total Revenue =Total Costs 500*P=2900 P=2900/500=5.8 New price should be $5.80 Problem 1.19 Fixed Costs=F=$2,400 Variable Cost per unit=V=$25 Price per unit=P=$40 Breakeven Point=F/(P-V)=150/(50-20)=160.00 160 pools should be sold to breakeven. Total Revenue=P*BEP=$6,400.00 Problem 1.20 Fixed Costs=F=$2,400 Variable Cost per unit=V=$25 New Price per unit=P=$50 Breakeven Point=F/(P-V)=150/(50-20)=96.00 96 pools should be sold to breakeven. Total Revenue=P*BEP=$4,800.00 Problem 1.21 Fixed Costs=F=$2,400 Variable Cost per unit=V=$25 Price per unit=P=? Breakeven qty=Q=120 Let the price be P. Total Costs=Fixed Costs+Variable Costs=$5,400 (2400+25*120) Total Revenue=P*Q=120*P At breakeven Total Revenue =Total Costs 120*P=5400 P=5400/120=45 New price should be $45 Problem 1.22 Room Rental=$1,000 Advertising Costs=$10,000 Fixed Costs=F=$11,000 Variable Cost per unit=V=$60 Price per person=P=$250 Breakeven Point=F/(P-V)=150/(50-20)=57.89 About 58 persons should enroll to breakeven.