If explicit cost equals to $40000 and implicit cost $ 95,000 and the accounting profit is $23,000 what is the revenue and the economic profit

Q: If AFC is $9 at an output of 100 units, and ATC s $11 at the same output, it follows that: TVC is…

A: there are mainly two type cost , Fixed Cost and Variable cost , Average cost is the per unit cost…

Q: If total cost is $2100 and the output is 40 units  Calculate average cost

A: The information being provided to us is:- Total cost of the firm = $2100 Output = 40 units

Q: Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit…

A: Formula  where;  D= annual demand S= Ordering cost H= Holding cost  C= Per unit cost Here;  Holding…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x)= 70,000 + 800x. (A) Find the…

A: Answer to the question is as follows:

Q: Bags/Participants Fixed Cost Variable Cost Total Cost 0. $1,700 $- $1,700 100 $1,700 $500 $2,200 200…

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

Q: hen the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed…

A: Total cost TC = Fixed cost FC + Total Variable cost TVC

Q: The variation of the total production cost with the production rate for a process is defined as…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: VT Company's breakeven point is 4,000 units. It's product sells for $20 per unit and has a variable…

A: Total cost is a sum of fixed cost and variable cost. Fixed cost does not depend on quantity and…

Q: The difference between variable cost and fxed cost is that Select one: a. fixed cost is paid even…

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

Q: If explicit cost are $4400 and the accounting profit is $6000  Calculate the value of total revenue

A: Given: Explicit cost=$4400 Accounting profit=$6000  To find: Total revenue

Q: Ouput Total Cost $24 1 33 2 41 48 4 54 61 69 The TVC for Stelco Corporation of producing 6 units of…

A: Fixed cost is independent of output produced thus the required fixed cost at all units of production…

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

A:

Q: If total cost is $320 and output is 4 units Calculate AC

A: The information being given to us is:- Total cost of the firm = $320  Output = 4 units We have to…

Q: A motorcycle company manufacturers produces a certain product at labor cost ₱500 each. Material cost…

A: A company has "broken even" if its net revenue and costs are equal, a concept known as the…

Q: Accounting profit is $1500 and the explicit cost is $450 Calculate the value of total revenue

A: please find below the calculation.

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: If total revenue is $64,000 and accounting profit is $12,000 Find explicit cost

A: According to the above mentioned question, we have Total revenue = $64,000 Accounting profit =…

Q: Find accounting profit if total revenue is $3300 and the explicit cost is $1300

A: The data presented in the question above is:- Total revenue = $3300 Explicit cost = $1300 Accounting…

Q: If in an economy the fixed cost is $212 and the variable cost or $644 what are the total cost?

A:

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

A: Profits are the excess of revenue receipts over costs that the firm earns from the production and…

Q: A pharmaceutical company manufactures two brands of vaccines. The annual demand and cost functions…

A: Given,  A pharmaceutical company manufactures two brands of Vaccines A and B The Price of Vaccine A…

Q: Calculate the value of average cost of AFC is $70 and AVC is $67

A: According to the question, we are given that:- Average fixed cost = AFC = $70 Average variable cost…

Q: ompute for the missing values in the table. Show your solutions below. Quantity of Variable INPUT…

A: Total product is the total output produced. Marginal product refers to change in total product from…

Q: The lawn ranger , a landscaping company , has total costs of $5,000 and total fixed cost of $3000…

A: Given information: Total costs = $5000 Total fixed cost = $3000 TC = TFC+TVC 5000 =…

Q: The following data relate to factory overhead cost for production of 7,000 computers Actual Variable…

A: Answer 1)

Q: B. Break-even Point Application. The revenue for producing new alcohol product is R(x) x is the…

A:

Q: Total Revenue Total Cost $25 $49 $69 $91 $117 $147 $180 Output $0 $30 $60 $90 $120 $150 $180 In the…

A: The firms, or businesses get involved in the production process, where they tend to produce goods,…

Q: machine is being considered for the production of a part , the material cost is 15% per part and the…

A: here we calculate the profit generated by machinery , so here we calculate the profit by using the…

Q: Refer to Table Cost.EX2. When production is 3 units, the firm's average total cost is about O No…

A: total cost is the total cost which is incurred by producer in producing goods and services , it…

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

A:

Q: can be shown as P = 3 000 - 100Q. It has fixed costs of R1 000 and additional cost per unit produced…

A: The marginal cost is the change in the total cost that arises when the quantity produced is…

Q: The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000…

A: The provided information are: Total costs = $5000 Total fixed cost = $3000

Q: Calculate total cost when TFC is $200 and TVC is $59

A: It's given that:- Total fixed cost = $200 Total variable cost = $59 We know that:- Total cost =…

Q: Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000,…

A: Total cost refers to all costs incurred by a firm in producing a certain level of output. Total cost…

Q: Cost Volume $15,000 3,000 $18,000 4,000 $20,000 7,000 The fixed cost element for the firm is a.…

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

Q: What type of cost is included in economic costs, but not included in accounting costs? a. Explicit…

A: Accounting cost includes all the explicit cost. In other words, all the payment made by the business…

Q: Total Total revenue cost $1,200 1,000 800 600 400 200 100 320 440 Output

A: The overall cost incurred by a company to manufacture a certain quantity of a product or provide a…

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

A: Bags/Participants Fixed Cost Variable Cost Total cost Marginal cost Marginal  Revenue 0 1700 -…

Q: t has fixed costs of $2625 related to the production of the t-shirts, and the production cost per…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Biwei decides to set up a small business in NYC. The start-up cost is $1000 for a license and the…

A: Perfect competition is a market structure where price = marginal cost at equilibrium in the short…

Q: The owner shop is contemlating adding anew product which will require additional mouthly payment of…

A:

Q: .Accounting costs and explicit costs are the same. a. True b. False

A: # Explicit cost are a part of company's general ledger and such costs are always recorded for…

Q: What is the total cost of 2 units? Select an answer and submit. For keyboard navigation, use the…

A: Total cost is the sum of cost spent on purchase of both fixed and variable factors. As Average Total…