Fixed cost Variable cost No. of cupcake Total cost (FC+VC)   $420 $2.10 1 $422.10   $420 $42.00 20 $462.00   $420 $84.00 40 $504.00   $420 $126.00 60 $546.00   $420 $168.00 80 $588.00   $420 $210.00 100 $630.00     TC = $420 + 2.1x R= 4.90(x)   (I) Graph both functions on the same coordinate axes.(II) From your graph find coordinatae at which cost equals revenue.(III) Using your graph, determine how many cupcakes need to be made to produce revenueof at least $1,029.How much profit is made for this number of cupcakes?

Q: q4- Total cost increases from $500 to $600 when output increases from 20 to 30 units. Fixed costs…

A: Answer: option d (Average total cost falls) Explanation: Average total cost=Total costoutputAverage…

Q: Calculate accounting profit if explicit cost is $3000 And total revenue is $6600

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Q: In the context of process analysis a. _____ can help eliminate or minimize bottlenecks. b. _____…

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Q: Total variable cost is 0 at zero level of production True/Falss

A: # Total cost incurred by the firm is the sum of both fixed and variable costs.  Total.fixed cost is…

Q: $10 ATC MC 9. 8. AVC 7 6. 5 4 3 1 1 2 3 4 5 6 7 89 10 Quantity (in 1,000s) What is: (1) AVC at 6000…

A: (1) The AVC corresponding to 6000 units of output is $4 per unit Hence, the AVC at 6000 units of…

Q: MC ($) 7,259 Students AC ($) Total cost ($) Undergraduate 13,750 7,659 105,311,250 27,500 6,548…

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A: At breakeven point there is no profit or loss. At breakeven point, total revenue is equal to total…

Q: Question 13 The cost index method is used estimate the cost of a component, system, or plant by…

A: Cost index are some of the time likewise alluded to as information records. The expense file…

Q: TC = 134 + 20Q + 4Q2 What is the average fixed cost when 11 units are produced? Enter as a value.…

A: TC=134+20Q+40Q2AFC=134+20Q+40Q2QNow,AFC11=134+20(11)+40(11)211         =5,19411         =472.18

Q: Compare and contrast economies of scope and economies of scale. Be sure to include outside sources.

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Q: Match the components to their appropriate costing categories. Prompts Submitted Answers Baking…

A: Baking ingredients for bread is the most significant input which is used by Baker to make bread .

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A: Average total cost = Total cost / output

Q: impact of fixed and variable cost on break even analysis

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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: Problem One: The fixed cost for a company is 1200 OMR and the variable cost is 2 OMR per 100 unit.…

A: The money spent to purchase the factor of production to produce the goods and services by firm is…

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Q: Two people developed first-cut cost estimates to construct a new 130,000 square foot building on a…

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Q: 1. Determine the variable cost per unit and the fixed cost using the high-low method.

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

Q: True or False Total cost can increase as a result of an increase in variable cost.

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A: The cost is the money spent to purchase the factor of production by the producer. There there are…

Q: A company in the process industry produces a chemical compound that is sold to manufacturers for use…

A:

Q: Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of…

A: The measure that depicts the point total cost is in turn equal to the total revenue is known as the…

Q: A manufacturing company produced 7200 units that sold for OMR 93600. The total variable costs for…

A: Break even point in sales = Total fixed cost / Contribution margin ratio

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000 + 900x. (A) Find…

A: (A) The average costs refer to per unit cost of production. It is obtained by dividing total (TC)…

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Q: DuChien Corporation recently produced and sold 100,000 units. Fixed costs at this level of activity…

A: Total cost is the cost of using the factors of production for producing the goods. Total cost…

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: 12 Precast Pools, Inc. sells their product for $3,000 each. At a volume of 20 units, their labor,…

A:

Q: Total cost is $615 and output is 21 units  Calculate average total cost

A: The information given to us is as follows:- Total cost = $615  Total no of output = 21 units  We…

Q: If AFC=60 and ATC=120 when output is 100, then total variable cost must be:

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A: Given, IDC allocation for three departments Production, subassemblies, and final assembly is given…

Q: TC = 75 +22Q + 2Q² What is the average variable cost when 15 units are produced? Enter as a value.

A: Given, TC = 75 + 22Q + 2Q2 Units produced(Q) = 15 units

Q: • Total revenue $ 500,000• Wages and salaries $ 40,0000• Forgone salary $ 80,000• Interest paid $…

A:

Q: Economies of Scope refers to situations where per unit costs are:

A: Economies of Scope refers to situations where per unit costs are lower with more product types. This…

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

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A: Mixed costs have a combination of FC as well as VC. They have a some fixed element irrespective of…

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Q: Awesome in cursive fix cost of dollar 4000 and variable cost of dollar 10000 and its total sales…

A: Given information: Fixed cost = $4000 Variable cost = $10000 Total sales = $15000

Q: Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500…

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Q: all average cost can be calculated by deriving the per unit cost. True or False

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A: Given,   Selling price = $110  Variable cost (VC)= $80            Average unit sold = 40 units

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Q: While drawing cost curves, the state of technology must be kept constant True/False

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A: Total Cost(TC) is the overall cost(C) that is incurred during the production process. The total…

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.

Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.