71-85. Compute for AFC AVC AND ATC FC TC AFC AVC ATC (5PTS) (5PTS) (5PTS) 100 195 295 4 100 260 360 6 100 350 450 8 100 460 560 10 100 600 700 2.
Q: In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for…
A: Materials Cost per unit = Total Materials Costs / Number of Units =$37,600/10,000 =$3.76…
Q: Construct from the info below. A diagram of market demand and supple schedules, and the competitive…
A: Since we are given the costs of different units by different sellers and prices for different buyers…
Q: Figure 1 Revenue MC and cost (dollars per unit) $40 MR ATC AVC 24 20 14 12 8 a. 55 100 150 200…
A: The marginal revenue represents the revenue fetched by a business unit on selling the incremental…
Q: rehouse cost is ?$7 times the maximum nun pooks stored. Assuming 4900 copies of the ok are needed…
A: Here, we calculate the order quantity of book in each print run by the following method given below…
Q: Cost LRAC 40 30 N 20 10 100 200 400 800 Output
A: The firm earns maximum profit at the point where the average costs are the minimum. To understand…
Q: 13. 8-6B: Total Costs and Average Costs *3* If the Total Variable Cost (TVC) curve is rising then…
A: below table show the TVC shedule, where rise in TVC gives rise to AVC. AC stills falls for certain…
Q: A) ABC company produces 100 pendants per day. The total fixed cost for the plant is $500 and the…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: when studying the in formation related to Al- Kufa factory itis explained that selling price for one…
A: Price = 200 Variable Cost = 150 Fixed Cost = 48 million = 48000000 TC = 150Q + 48000000 TR = 200Q So…
Q: Total Cost Fixed Cost Variable Marginal Cost Average Fixed Cost Average Variable Average Total…
A: The average variable cost (AVC) is the total variable cost per unit of output. This is found by…
Q: Workers per day Variable cost in S per day Pizza Fixed cost in S per day 400 6.00 400- 400. 400 400…
A: Total cost = Fixed cost+Variable Cost
Q: 5) If Hilltop Turf Farm's total cost of producing acres of sod is TC= 0.20- 1200 - 5,000, the…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits…
A: Answer;
Q: - factory is scaling up production so they can sell 2,000 MP4 mode nbly team does only one shift a…
A: *Answer: *1 Materials, labor, and power costs are all Variable Costs since they change in…
Q: 1. Direct laborrate: $15.00perhour Production material: $375 per 100 items…
A: Hi, as per our policy we can solve one question per session. We are solving the 1st one for you, if…
Q: Output Variable Total AVC AFC ATC MC (bоxes) Cost Cost $0 $10 1 $20 $15 3 $69 $3.33 $23 4 $2.50 $27…
A: According to the table given in the question, total cost at 0 units of output is $10 which means…
Q: 61. The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is…
A: There are basically two types of costs i.e. fixed costs and variable costs. Fixed costs remain…
Q: Hactory produces 20 units of output. Its average faed cost (AFC) - $25, everage total cost (ATC) -…
A: Output: Q=20 AFC=$25 ATC=$35 MC=$15 Variable cost is that cost which varies with output…
Q: Compute the following Q P TR MR AR TC TR-TC 0…
A: Total revenue is the revenue that a producer received after selling the output and marginal revenue…
Q: A firm has the capacity to produce 650,000 units of product per year. At present, it is operating at…
A: a) Given that firm is operating at 64% of capacity. So,Annual Production = 650,000 x 64% = 416,000…
Q: Q4: A project is considered to last for 10 weeks with a budget of $1,600,000. The cost behaviour of…
A: Cumulative cost variance considers the whole venture financial plan versus cost up a particular…
Q: ej Maximize f=g00sc t1200 Y-33CY -1-5x²-3Y? The totet cost functon C=29=+ 2000 -409-0493, find the…
A: f) C=2q2+2000-40q-0.1q3AC=2q2+2000-40q-0.1q3qAC=2q+2000q-40-0.1q2∂(AC)∂q=2+2000(-q-2)-0.2q…
Q: MC MB 25 50 75 100 Trucks (per day) i. What is the marginal benefit and marginal cost of producing…
A: An optimal level of production occurs at MB = MC. MB decrease as output increases MC increases as…
Q: What is the impartance of eatimating the aver age Cost, Tatal Cast . average Fixed Cast, tatal…
A: The firms, and businesses are the entities which are considered to be important contributors to the…
Q: Tatal Fixed Cost (TFC) Tatal Variable Tatal Cast Ouput AFC AVC ATC I MC (TPP) Cast (TVC) (TC) 40 70…
A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…
Q: For a firm total revenue is 120000, cost of raw materials is 40000, wages of labor 18000, other…
A: In a market, a firm computes its accounting profit by subtracting all the direct costs from the…
Q: Costs ($) 800 TVC 500 450 300 0 1 2 3 4 5 6 7 8 9 10 11 12 Units of output 1. Refer to the figure,…
A: Total cost has two components one is varaiable and another one is fixed.
Q: 4. Given the diagram below, answer the following questions: MC MC ATC AVC $40 s $35 $25 $25…
A: GIVEN (d) What does the diagram on the left represent Is (a) What type of industry is…
Q: To make a decision about opening a restaurant, what is the relevant cost for Aram? $50 thousand has…
A: Explicit costs are ordinary business expenses that appear in the general ledger and have a direct…
Q: Problem 11. Calculate AVC and MC at each level of output from the following aatu. Gutput (Units) 4.…
A:
Q: This is the answer plz write Clear hand written Y=5K0.5 +3L Multiply k & L by X = 5(X k) ⁰.³ + 3…
A: We need to check for the returns to scale ik this question.
Q: Problem 12: Ćalculate TVC and MC and each given level of output from the following autu! Output…
A:
Q: レとキ TPL Using Tc aud TUC Shoutat Min ATL and min AuC OCcur at difforent outents
A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…
Q: abour total product 0 0 1…
A: "Factors of production are resources that are used to produce a good or service." There are various…
Q: The following are weekly manufacturing labour cost and machine hours of Kamwala machine Rings (Pvt)…
A: In the mentioned question, we have to solve regression equation and also calculate variable cost per…
Q: business incurs the following costs per unit: Labor $125/unit; Materials $45/unit and rent…
A: Total variable cost is the aggregate amount of all variable costs associated with the cost of goods…
Q: 5) If Hilltop Turf Farm's total cost of producing acres of sod is TC = 020 + 1200 + 5,000, the…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: 2. Which one of the following is average total cost (ATC) if the output is 100 units and total cost…
A: Average cost or unit cost is equal to total cost divided by the number of units of a good produced…
Q: If accounting profits are $6000 and explicit cost are $2200 Calculate total revenue
A: The information being given is:- Accounting profit = $6000 Explicit cost = $2200 Total revenue = ?
Q: How much overhead was applied during the year? I A. $231,000 B. $150,000 C. $166,000
A: The labor marketplace is a type of marketplace structure wherein the trade of labor services for…
Q: omple the fol wing table and also shovW and gr cally. Q TFC TVC TC MC AFC AVC AC 100 100 50 50 100…
A: Total fixed cost is the (TFC) cost that do not change with the change in output level. Total…
Q: Go Green is a business selling worm farm start-up kit for $12 each. This year, Go Green's fixed cost…
A: ''Since it is a mutipart question, we will solve the first three sub-parts for you. If you want any…
Q: Prevamng lotal cost and output is given in the following: Output = 0, 10, 20, 30, 40, 50, 60, 65,…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Printer quotes a price of a birr7500 for printing 1000 copies of a book and birr.15000 for printing…
A: Here, it is given that the price of 1000 copies is birr7500, while the price of 2500 copies is…
Q: TC FC TVC AVC ATC MC 100 1 130 75 3 165 4 50 250 330 7 90 What is the total variable costs (TVC or…
A: Answer: The following formulas will be used: TVC=TC-FCAVC=TVCQATC=TCQMCn=TCn-TCn-1where,MCn=marginal…
Q: Yverrry is earning $200,000 per year as medical sales representafive. Due to the covid pandemic, she…
A: Accounting profit = Total revenue - Explicit costsEconomic profit = Total revenue - Explicit costs -…
Q: 10. For the cost function CC) = 100 - 20 -302 the average fxed cost of producing 2 units of output…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: With the following information, find the total selling price of dry palay. Total Harvest = 5tons of…
A: According to the question given that the total harvest of the palay is 5 tons Cost of drying…
Step by step
Solved in 2 steps with 1 images
- Energy entrepreneur T. Boone Pickens has proposed converting the trucking fleet in the United States to liquefied natural gas (LNG) and using wind power to replace the missing LNG in electric power production. What infrastructure issues do you see that must be resolved before the Pickens plan could be adopted?Your friend Sarah is planning to open a hardware store. She estimates that it would cost $50,000 each month to rent the location and buy the inventory. In addition, she would have to quit her $3,000/month job at an insurance firm. Her revenue for the store would be $60,000 each month. What is her expected accounting profit per month if she opens the hardware store? A $10,000 B $60,000 C $5,000 D $50,000 E $55,000 F $45,000Differentiate the following functions: a. TC = 50 + 100Q - 6Q2 + .5Q3 b. ATC = 50/Q + 100 - 6Q + .5Q2 c. MC = 100 - 12Q + 1.5Q2 d. Q = 50 - .75P e. Q = .40X1.50
- 4.ASAP ANSWER AND COMPLETE SOLUTIONTennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: MODEL AVERAGEQUANTITYSOLD (UNITS/MONTH) CURRENTPRICE TOTALREVENUE VARIABLECOST PERUNIT CONTRIBUTIONMARGIN PERUNIT CONTRIBUTIONMARGIN* A B C Total 15,000 5,000 10,000 $30 35 45 $450,000 175,000 450,000 $1,075,000 $15.00 18.00 20.00 $15 17 25 $225,000 85,000 250,000 $560,000 *Contribution to fixed costs and profits.The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products’ chief economist estimates the arc price elasticity of demand to be –2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model C to be approximately 0.2. Variable costs…A special shoe manufacturer ABC Co. has costs of production as follows : Quantity: 0 1 2 3 4 5 6Total Variable Cost ($): 0 50 70 90 140 200 360 Fixed costs are $100 and the price of ABC shoe is $50 (a) The chief financial officer tells the CEO that it’s better to produce only one shoe this month. What could be the reason for this advice by the CFO? What are the firm’s profits at that level of production? Is this the best decision? Explain.
- If the price of a Kebab is 20TL, what is the revenue when 100 Kebab is sold be the restaurant owner? a) 2500TLb) 5TLc) 2000TLd) 200TLQuestion A Friendly’s Quick Loans, Incorporated, offers you $5.25 today but you must repay $6.55 when you get your paycheck in one week (or else). What is the effective annual return Friendly’s earns on this lending business? Full explainthe this question very fast solution sent me step by step Don't ignore any part all part work u Text typing work only not allow paper workWith the following information, find the total selling price of dry palay. Total Harvest = 5tons of palay , Initial moisture content = 18% Final moisture content = Storage MC to avoid spoilage and discoloration Cost of drying = PhP 20/50-kg cavan of dry palay , Price of wet palay = PhP 14.50/kg Price of dry palay = PhP 17.00/kg Please answer very soon will give rating surely Show your work
- Please no written by hand solutions Which of the followingfollofollowingfSunflower Manufacturing recently applied for a $10 million loan at The Democrat Federal Bank (known simplyas The Democrat). The purpose of the loan is to support its working capital needs (short-term funds) duringthe next nine months. Sunflower has been a loyal customer of the bank for many years and has beenextended whatever amount of credit it requested in the past.Sheli Crocker, who is a new, young loan officer at The Democrat, reviewed Sunflower's loan application anddecided to turn down the loan for the requested amount. In her report to Henry, her boss and the senior loanofficer, Sheli indicated that she thought Sunflower would have trouble repaying a $10 million loan because itsfinancial positions has deteriorated in recent months. Sheli noted that the company's ability to pay its currentobligation - that is, its liquidity position - is poor and that analysts are pessimistic about Sunflower's ability toimprove its liquidity during the next two years. As a result, Sheli…I believe this is in correct or im missing a step solving this problem