A) ABC company produces 100 pendants per day. The total fixed cost for the plant is $500 and the total variables cost is $15000 per day. Calculate the average fixed cost, average variable cost, average total cost and total cost at the current output level.

Q: Tacky Wedding Planners (TWP) are halfway through a year-long contract to lease stretch limousines to…

A: Total cost=ATC+Operating costTC=400+300TC=€700Now,Total revenue=€550Thus,TWP is incuring a loss in…

Q: Your friend is thinking about opening a wine bar. He estimates that it would cost $400000 per year…

A: Basics:- Cost of wine bar        = $ 400000 Opportunity cost       = $ 120000 (Accountant job)…

Q: What is the optimum level of production? Price Total cost 200 90 190 180 Quantity 180 170 160 150…

A: Optimum level of production is achieved when firm earn normal profit as in the case of perfect…

Q: If profit is maximum at sales of 700 units, does the firm have no choice but to limit sales at this…

A: "Since you have asked multiple questions, we will solve the first one for you. If you want any…

Q: Your uncle is thinking about opening a wine bar. He estimates that it would cost $400000 per year to…

A: Total cost = 400000 $ Accounting profit  = TR – TC = 600000  - 400000 = 200000 $ Economic profit =…

Q: A manufacturer of cassette tapes expects a fixed cost of $55,000. It plans to work on the margin of…

A: Cost function; C = F + V × Q)                           =$55,000 + ($0.4 x Q)…

Q: If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs…

A: The term “total revenue” is equal to the multiplicative value of price and quantity sold by the…

Q: .s) Suppose that a company has fixed costs of 300300 dollars and variable costs of…

A: The total production process of a firm/industry is an amalgamation of various costs, the optimum…

Q: 4. (a) A micro-entrepreneur produces caps and hats for women. The output-cost data of the business…

A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…

Q: Question: The total annual fixed costs of PAKEL Incorporated Company that manufactures and sells…

A: We are going to solve for breakeven point to answer this question.

Q: 1. Given the following information: Total Product (TP) Price 0 $6000 1 6000 2 6000 3 6000 4 6000 5…

A: Disclaimer :- since you posted multipart question we are solving first 3 subparts as per guidelines…

Q: 1. Given the following information: Total Product (TP) 0 1 2 3 4 5 6 Price Fixed Cost (TFC) $6000…

A:

Q: ABC Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total…

A: TC= Total cost FC= fixed cost VC= variable cost ATC= average total cost AFC= Average fixed cost…

Q: Part – A: A Leading manufacturer of Action Figures is about to introduce four new Action Figures.…

A: Combined Fixed Cost = $75,000 A marketing research study predicts that for each unit sold of Noyan,…

Q: J&J Company is considering publishing a paperback textbook on spreadsheet applications for business.…

A: Thank you for the question. As per BNED, we can answer 3 subparts per session. To get the answer for…

Q: Canadian firm Hexo Corporation, of Kanata produces marijuana has implicit costs of $380.000 and…

A: Accounting profit = total revenue - Explicit cost  Economic profit = Total revenue - (Explicit cost…

Q: Please answer with details on how to do it. A small company manufactures a certain product.…

A:

Q: The fixed costs incurred by a small genetics research lab are $200,000 per year. Variable costs are…

A: Fixed Cost = $200000 Variable Cost = $12500 Revenue per project = $30000

Q: 23 A West Coast refinery used the following stocks of oil in a production run of gasoline.  The…

A: Given:    Barrels Cost Light Arabian Crude Oil  9880 79 High sulfur Alaskan oil 49810 55…

Q: Hau Lee Furniture, Inc., spends 60% of its sales dollars in the supply chain and has a current gross…

A: Here, we calculate the given as follow;

Q: A manufacturer of cassette tapes expects a fixed cost of $55,000. It plans to work on margin of…

A: (i) The revenue function of a firm shows the total amount received by the firm from the sale of its…

Q: Plant sizes get larger as you move from ATC-1 to ATC-4. ATC-2 Output 1,500 ATC-1 ATC-3 ATC-4 $ 10 15…

A: The average cost of producing output 1500 to 2500 is minimum when the firm uses plant size ATC-1.…

Q: 6. A company produces and sells a product and fixed costs of the company are 8500000 Baisa and…

A: 1000 Baisa = 1 Omani Rial (RO) So, 8500000 Baisa = RO.85000 Given, total fixed cost = RO. 8500 Total…

Q: 3. The fixed costs incurred by a small genetics research lab are $200,000 per year. Variable costs…

A: The break even point (BEP) is the point at which total cost and total revenue are equal.

Q: 3. The Caribbean airline is making reasonable profit and wants to expand its operation to include a…

A: Answer a) Variable cost refers to the cost of production that changes as output increases or…

Q: 1. A manufacturing company is considering two alternative locations for a new facility. The fixed…

A: 1. a)   New jersey Delaware Variable cost 15 25 Fixed cost  1,000,000 1,000,000 The fixed…

Q: What strategy will each firm adopt? Explain your answer.  2. Does this game have a Nash equilibrium?…

A: There are two companies Texplor and Clampett. In the normal form above, each cell represents the…

Q: 11. Madibaz is a company that produces t-shirts. The firm operates in a highly competitive, industry…

A: here we calculate the Madlibaz total profit by using the given information which are as follow-

Q: Maximization Profit The total weekly revenue (in dollars) of the Country Workshop realized in…

A: Given: The total revenue (in dollars) of the country workshop company by manufacturing and selling…

Q: Your food - services company has been named as the sole provider of meals at a small university. The…

A: A single good seller is a monopoly which maximizes profit by producing at MR =MC

Q: ABC Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total…

A: Economic cost: It is the mix of misfortunes of any merchandise that have a worth appended to them by…

Q: Kieron is currently working as an automobile detailer who earns $45,000/year. He currently has…

A: The cost of the next best alternative which is foregone is reffered to be as the opportunity cost…

Q: 2. A certain firm has the capacity to produce 650,000 units of a certain product per year. At…

A: Answer: Given, Maximum capacity = 650,000 units Present output=650,000×62100Present output=403,000…

Q: Answer the attached question

A: a) The cost structure of a firm is important for calculating the price to be charged for the…

Q: = A group of management students are creating a business plan for their proposed shoe brand…

A: Cost of production refers to the monetary value incurred on factors of production. And TC = FC + VC…

Q: A small plant manufacturing riding mowers.  The plant has fixed costs (leases, insurance, etc.) of…

A:

Q: AVX makes and sells a single product Z. The selling price and marginal revenue equations for product…

A: Marginal revenue = 230 - 0.05x => MR = 230 - 0.05x The revenue maximize at MR=0 Set MR =0 and…

Q: The Rainwater Brewery produces beer. The annual fixed cost is $150,000, and the variable cost per…

A: General profit function is given below.

Q: TTV Corporation's managers estimate that a 50% increase in price would cause an 80% reduction in the…

A: Given  That an 50% increase in price would cause an 80% reduction in the quantity of product sold.…

Q: a. Refer to Table calculate explicit costs for this firm? b. Refer to Table calculate implicit costs…

A: a. Explicit costs are resulted from the production process or these are direct costs of the…

Q: a)A short run total cost function of company is given below: TC=1500+225Q-15Q²+Q³•where TC is total…

A: TC = 1500 +225 Q - 15Q2 + Q3 MC = ∆TC / ∆Q

Q: 1. Cowboy Metal Cutting produces a laser-cut part based on customer orders. The number of units…

A: a). To solve this problem, the crossover point of output will be calculated, first between CT1 and…

Q: Karen runs a print shop that makes posters for large companies. It is a very competitive business.…

A: A perfectly competitive market is one that has a large number of firms, selling homogenous products.…

Q: %3D A company makes solar panels. The company's revenue function, in dollars, is R(n)=10n, where n…

A: We are going to answer these questions using maximization method and using Solver function in excel…

Q: F&A Quick Print is a financial firm printer specializing in the printing of business checks and…

A: Answer: Given, Variable cost per unit to produce boxes of 150 duplicate checks=$0.70Fixed…

Q: Your food-services company has been named as the sole provider of meals at a small university. The…

A: sold per day price per meal($) total fixed cost($) total variable cost($) total revenue($) 0 3.50…