Calculate the total fixed cost incurred by the firm if total cost is $700 and the total variable cost is $470

Q: If a company has a monthly fixed cost of $24,000 and variable cost of five dollars each to produce…

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Q: Calculate the value of variable cost for the when the fixed cost is $22 and the total cost is given…

A: We know that the total cost of the firm is given as :- Total fixed cost which remains same…

Q: a bus which holds at most 45 people to go to an educational tour in a museum. The bus company…

A: Firms use the total cost function to compute their profits. The total cost function consists of…

Q: Find total revenue if accounting profit is $1000 and explicit cost is $220

A: According to the above given question we are given that:- Accounting profit = $1000  Explicit cost =…

Q: Calculate variable cost if total cost is $200 and the fixed cost is $130

A: The information being given is:- Total cost = $200  Fixed cost = $130  Variable cost = ?

Q: Calculate total variable cost is average variable cost is $82 and the output is 16 units

A: TVC= AVC*Q

Q: Find total cost if fixed cost and variable cost are $300 and $100 respectively

A: The data presented in the question above is:- Fixed cost of firm = $300 Variable cost of firm = $100…

Q: The total cost for a production plant that supplies hydrogen to the refining industry is estimated…

A: a) Following information is given: Equipment cost = $17.8 million Total estimated cost = $55.4…

Q: How Break Even Analysis brings changes between fixed and variable cost relations that affect the…

A: Break-even analysis explains the relationship between revenue and cost(cost = Fixed cost + variable…

Q: Total cost is $320 and the fixed cost is $100 Calculate variable cost

A: The data presented in the question about is:- Total cost = $320  Fixed cost = $100 Variable cost is…

Q: The average cost function is given as:- AC = 2.5Q2 - 40  Calculate the average cost for the 8th…

A: The information provided to us is as follows:- AC function is:- 2.5Q2 - 40 Also the quantity is 8…

Q: Calculate accounting profit if explicit cost is $300 and total revenue is $2000

A: The data presented in the question above is:- Total revenue = $2000 Explicit cost = $300 Accounting…

Q: Calculate total cost when average cost is $36 and the output is 99 units.

A: We are Given that:- Average cost of the firm = $36 Total output = 99 units. We need to calculate the…

Q: Find variable cost if total cost and total fixed cost are $440 and $80 respectively

A: The information being given is:- Total cost = $440  Total Fixed cost = $80 We have to calculate…

Q: Find the total cost if the total variable cost is 16 units and the total fixed cost is 18 units!!!!!

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Q: A small plant manufactures riding lawn mowers. The plant has fixed costs (leases, insurance, and so…

A: Costing is a critical component of running a business. We usually divide the cost of any…

Q: referring to the cost table above, what is the average variable cost if quantity produced equals 400…

A: Average variable cost varies with the output produced

Q: Total fixed cost is 90, complete the following table: Output (Units). MC 10 20 15 AVC () -

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Q: For the cost function CQ) = 100 - 20 - 30, the total variable cost of producing 2 units of output is

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Calculate the total cost if average total cost is $35 and the unit of output is 22 units

A: The Given information is as follows:- Average total cost of the firm = $35 Units of output = 22…

Q: out the following cost chart. Round to the nearest tenth.

A: Every production unit incurs certain amount of costs for production. They have to buy raw materials,…

Q: If the average variable cost is OMR 74 and total fixed cost is OMR 100 at 5 units of output, then…

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Q: A study of 86 savings and loan associations in six northwestern states yielded the following cost…

A: Ans. To evaluate the variables that are statistically significant in explaining the variations is…

Q: The fixed cost incurred by the firm is $315 and the variable cost when second unit is produced is…

A: We are given that:- Total fixed cost = $315 Total variable cost = $55 We have been asked to…

Q: In the bottom-up approach to cost estimating, the:a. required price is an input variable.b. cost…

A: The bottom-up approach to cost estimating refers to the categorization of the required price and…

Q: Find total cost if average cost is $31 and the output is 60 units

A: The data presented in the question above is:- Total cost is to be calculated using information given…

Q: What will be the average fixed cost if TFC Is $350 and the output is 50 units

A: Fixed cost is the cost that remains fixed at all levels of output. This is the cost that is…

Q: Calculate the value of total cost if variable cost is $320 and fixed cost is $110

A: The given information is as follows:- Total variable cost = $320 Fixed cost = $110 We have to…

Q: Calculate the average fixed cost when the total fixed cost are given as $2100 and the number of…

A: Basically in the given question Total fixed cost = $2100 Number of units produced = 30 units Average…

Q: If total cost is $370 Find the value of total fixed cost if total variable cost is $210

A: According to the above given question, the values given are:- Total cost = $370 Total fixed cost = ?…

Q: Calculate variable cost if total cost is $400 and fixed cost is $120

A: The given information is as follows:- Total cost = $400  Fixed cost = $120  We need to find the…

Q: What will be the accounting profit of the firm if the total revenue is $1020 and the explicit cost…

A: The information being given is :- Total revenue of the firm = $1020 Explicit cost = $350  We have to…

Q: The total variable cost is $20 and the total fixed cost is $100 Calculate total cost

A: The information given in the question is :- Total variable cost which keeps on changing with output…

Q: Ace Manufacturing produces 1,000 hammers per day.  The total fixed cost for the plant is $5,000 per…

A: Average fixed cost is the fixed cost divided by units of output. Average variable cost is the total…

Q: Define the term Cost Reduction?

A: Cost reduction is the mechanism that businesses use to cut costs and increase profits.

Q: Fixed costs and Variable costs are considered to be costs.

A: The factor of productions are the labor, raw materials, capital, land etc which incurred some cost.…

Q: Total variable cost of the firm is $20 and the total fixed cost is $100 Calculate the total cost…

A: Answer: Given, Total variable cost = $20 Total fixed cost = $100 Total cost = Total variable cost +…

Q: how to calculate total cost analysis

A: Objectives to calculate total cost analysis : Understand and define the critical variable and fixed…

Q: If the Total variable cost is 60units and the given quantity is 3 Find the average variable cost

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Q: Find average variable cost given:- Total variable cost is $490 and the output is 30 units

A: The data presented in the question above is:- Total variable cost = $490  Output = 30 units  Average…

Q: Total variable cost is $40 and total fixed cost is half of it.  Find total cost

A: According to the above mentioned question, the values are:- Total variable cost = $40 million Total…

Q: Find the total cost if the fixed cost is $13 and the variable cost is $16

A: Actually in the given question, Fixed cost is = $13 Variable cost is given as = $16 Total cost = ?

Q: When the production starts, the value of Total fixed cost is 0 True/False

A: # The value of total cost is given by combining together the fixed costs and the variable costs…

Q: It is given that the total fixed cost incurred by the firm is $300 and the total variable cost is…

A: The addition of TFC and TVC gives the total cost incurred by the firm for a perticular number of…

Q: if average variable cost is 15, and total variable cost is 180 and total fixed cost are * 120, then…

A: The fixed costs do not change (remain constant) with the change in the quantity of output and the…

Q: The differences between total costs and variable costs is given by sunk costs

A: ANSWER STEP-1 The Differences Between Total Costs And Variable Costs Is Given By Sunk Costs True…

Q: A firm manufacture robots, for which $10000 machinary is used. The additional per unit cost is $100.…

A: Here machinary is the fixed cost = $10000 Variable costs = $100 Number of units = 5

Q: 30. If the total variable cost is 50 and the total cost is 200, then we know that the total fixed…

A: Total cost = Total fixed cost + total variable cost. Using the definition of total cost we have.