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A job with a 88% learning curve costs $30 for the initial unit. The fourth unit should cost approximately
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$16.2
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$21.8
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$23.2
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$25.3
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$27
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- A manufacturing plant has a potential production capacity of 1,000 units per month (capacity can be increased by 10 percent if subcontractors are employed). The plant is normally operated at about 80 percent of capacity. Operating the plant above this level significantly increases variable costs per unit because of the need to pay the skilled workers higher overtime wage rates. For output levels up to 80 percent of capacity, variable cost per unit is $100. Above 80 percent and up to 90 percent, variable costs on this additional output increase by 10 percent. When output is above 90 percent and up to 100 percent of capacity, the additional units cost an additional 25 percent over the unit variable costs for outputs up to 80 percent of capacity. For production above 100 percent and up to 110 percent of capacity, extensive subcontracting work is used and the unit variable costs of these additional units are 50 percent above those at output levels up to 80 percent of capacity. At 80…Cincinnati Pizza produced and sold 1,500 pizzas last month and had total variable ingredient costs of $3,900. If production and sales increase by 10% next month, which of the following statements is true? answer choices Variable ingredient costs per unit is expected to be $2.86. Total variable ingredient cost is expected to be $3,510. Total variable ingredient cost is expected to be $4,290. Total variable ingredient cost is expected to be $3,900.A manufacturing plant has a potential production capacity of 1,000 units per month(capacity can be increased by 10 percent if subcontractors are employed). The plantis normally operated at about 80 percent of capacity. Operating the plant above this level significantly increases variable costs per unit because of the need to pay theskilled workers higher overtime wage rates. For output levels up to 80 percent ofcapacity, variable cost per unit is $100. Above 80 percent and up to 90 percent, variable costs on this additional output increase by 10 percent. When output is above90 percent and up to 100 percent of capacity, the additional units cost an additional25 percent over the unit variable costs for outputs up to 80 percent of capacity. Forproduction above 100 percent and up to 110 percent of capacity, extensive subcontracting work is used and the unit variable costs of these additional units are 50 percent above those at output levels up to 80 percent of capacity. At 80 percent…
- If you know that with 10 units of output, average fixed cost is OMR 22.50 per unit and average variable cost is OMR 51.25 per unit, then average cost of each unit is: a. OMR 73.75. b. OMR 225. c. OMR 512. d. OMR 28.75.A manufacturing plant has a potential production capacity of 1,000 units per month (capacity can be increased by 10 percent if subcontractors are employed). The plant is normally operated at 80 percent capacity. Operating the plant above this level significantly increases variable costs per unit because of the need to pay the skilled workers higher overtime wage rates. For all output levels up to 80 percent capacity, variable cost per unit is $100. Above 80 percent and up to 90 percent, variable costs on this additional output increase by 10 percent. When output is above 90 percent and up to 100 percent capacity, the additional units costs an additional 25 percent over the unit variable costs for outputs up to 80 percent capacity. For production above 100 percent capacity and up to 110 percent of capacity, extensive subcontracting work is used and the unit variable costs of these additional units are 50 percent above those at output levels up to 80 percent of capacity. At 80 percent…Henleigh Hill, CFO of HH Corp., uses a decentralized company processing center for check collection. She estimates that the total annual cost of collections is currently $300,000. Henleigh is considering switching to a centralized company processing center, but she is worried about the required increase in fixed costs. Use the following assumptions to determine the maximum fixed cost of the centralized company processing center that would make Henleigh indifferent between a decentralized or centralized company processing center. Number of checks processed per year = 450,000 Average face value of checks = $1,000 Collection float for centralized processing = five days Variable processing cost per check for centralized processing = $0.25 Opportunity cost rate = 5 percent
- Economic cost is equal to the sum of exiplicit and implicit costs. True/ FalseA small company produces organic cookies. When the price is $9.00 per dozen, the average daily sales has been 84 dozen cookies. When the price was decreased to $6.00 per dozen, the average daily sales increased to 110 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 70 cents to make, plus additional daily fixed costs of $55.00The slope of TR and TC are each constant at 10 dollars and 5 dollars respectively and the total fixed cost is 1500 dollars, the breakeven is___________________? The market is [perfect or imperfect]?
- The making of rivet holes in structural steel members can be done by 2 methods. The first method consists of laying out the position of the holes in the members and using a drill press costing P100k. The machinist is paid P60 per hour and he can drill 80 holes per hour. The second method makes use of a multiple-punch machine costing P80k. The punch operator is paid P40 an hour and he can punch out 1 hole for 3 seconds. This method also requires an expense of P1.25 per hole to set the machine. How many hours will it take the Multiple Punch Machine to finish the 10k holes. a. 92 b. 8.3 c. 0.92 d. 8.9Restaurants in tourists' areas will close during the off-season if their: AFC is greater than their TR. ATC is less than their TR. AVC is greater than their TR. AFC is less than their TR.Which of the following best defines a sunk cost? A. Costs that have already been incurred and cannot be recovered. B. The variable costs associated with increasing production. C. The total costs including both fixed and variable costs. D. Future costs that are expected to be incurred as a result of current decisions.
