Table: Overview of monthly production and total costs in the company "ABC s.r.o."

for year 2023. Determine the annual and monthly cost function.


period

                                                Amount of production

                                                                                                       Total costs

                                                       [ pcs ]

                                                                                                    [ thousand CZK ]

January

         6,224

                                                           6,967

February

         8,460

                                                           7,776

March

         10,408

                                                           8,002

April

         12,623

                                                           8,687

May

         11,976

                                                           8,539

June

         4,872

                                                           7,261

July

         6,380

                                                           6,989

August

         8,708

                                                           7,512

September

         7,452

                                                           7,138

October

         8,629

                                                           7,598

November

         11,402

                                                           8,621

December

         11,237

                                                           9,378

TOTAL

         108,371

                                                           94,468
















































From the documents of the company "XYZ" the following information was obtained for the quarterly
period:

-          The total costs amount to CZK 10,855,500

-          The variable cost is 850 CZK/pc

-          The price of the product is 1,600 CZK/pc

-          A total of 7,830 units were produced and sold


1.      Determine the amount of fixed costs.

2.      Find out the sales for this period.

3.      What is the economic result for the given period?

4.      Determine the cost function for the monthly period.






































The manufacturing company produces 1 type of product. In the monitored period, a total of 35,000
units were produced (and sold) and the total cost of producing this amount amounted to CZK
13,328,000. In the following year, the production volume increased by 10% and the total costs rose
to CZK 14,460,800.


1. Determine the cost function.

2. Determine the production volume that will ensure the break-even point is reached if the price is
CZK 900/piece.












































The company produces keyboards for computers and only in one variant. From our own records, it was
found that the variable costs related to the production of one keyboard amount to CZK 1,000. Fixed
costs determined from accounting are set at CZK 190,000 per month. The company sells one keyboard
for CZK 2,990. In the given period (per year), the company produced 5,000 keyboards and sold all of
this production.


1.      Calculate the economic result of the business.

2.      Determine at what production volume the company will break even.

3.      Determine the volume of production that will ensure a profit of 5,500,000 per year.








































The company manufactures and sells pitchforks. Annually, the company produces 40,000 forks with a
total variable cost of CZK 2,320,000. Fixed production costs amount to CZK 1,455,000/year and the
price of forks is calculated at CZK 120/piece.


1.      Determine the cost function.

2.      Calculate the production value at which the break-even point is reached.

3.      Calculate the economic result for the production of 40,000 forks.