HP 12c Platinum Reference Manual page 58
Hp 12c platinum: reference guide
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Also See for 12c Platinum:
- User manual (288 pages) ,
- Owner's handbook manual (213 pages) ,
- Solutions handbook (166 pages)
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58
Investment Analysis
Example 2: A manufacturer of automotive accessories produces rear view mirrors. A new
line of mirrors will require fixed costs of $35,000 to produce. Each mirror has a variable
cost of $8.25. The price of mirrors is tentatively set at $12.50 each. What volume is
needed to break even?
12c platinum / 12C
RPN Keystrokes
35000?1
8.25?2
12.5?3
0?5
tg(010t tg(012t 8,235.29
What would be the gross profit if the price is raised to $14.00 and the sales volume is
10,000 units?
12c platinum / 12C
RPN Keystrokes
14?3
10000?4
tg(005t tg(006t 22,500.00
12c platinum
ALG Keystrokes
35000?1
8.25?2
12.5?3
0?5
12c platinum
ALG Keystrokes
14?3
10000?4
Display
Fixed cost.
35,000.00
Variable cost.
8.25
Sales price.
12.50
0.00
Break-even volume is between
8,235 and 8,236 units.
Display
Sales price.
14.00
F and V are already stored.
Volume.
10,000.00
Gross Profit.
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