Q: If a company has a monthly fixed cost of $24,000 and variable cost of five dollars each to produce…
A:
Q: A company's revenue is $1,600,000. Its explicit cost is $1,000,000 and its implicit cost is…
A: Implicit cost refers to the opportunity cost of the resources which is owned by the owner of the…
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: If total cost is $3000 and fixed cost is $1000 Calculate variable cost
A: The data presented in the question above is:- Total cost incurred = $3000 Fixed cost = $1000…
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: 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: impact of fixed and variable cost on break even analysis
A: Fixed and variable costs are the two costs that are considered to be an important costs that a firm…
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: 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!!!!!
A:
Q: Find the average fixed cost when the total fixed cost is 156 and the number of quantity is 12 units?
A:
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: ATC4 LRATO ATC ATC OUTPUT COST PER UNIT
A: Average total cost is the total cost incurred for a single unit of output out of the total output.…
Q: Total fixed cost is 90, complete the following table: Output (Units). MC 10 20 15 AVC () -
A:
Q: If fixed cost is half the value of variable cost and variable cost is $2200 Find total cost
A: The data presented in the question is as follows:- Variable cost = $2200 Fixed cost is half of…
Q: Find fixed cost if output is 20 units and AFC is $21
A: Given information, Total output= 20 units Average fixed cost (AFC)= $21 To find: fixed cost
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: If total cost is equal to total revenue, then profit is equal to zero. a. True b. False
A: # we know that total profit is given by the difference of total revenue and total cost. And at the…
Q: If the total revenue is 184 units in the total profit is 132 units find the total cost?
A:
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: Find total revenue if price per unit is $300 and the output is 19 units
A: The given information is as follows:- Price per unit = $300 Output sold = 19 Units Total revenue…
Q: Bags Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200…
A: Break-even Analysis- Breakeven is the point at which a firm must cover its costs of production.…
Q: Find total revenue if profit and total cost are $300 and $800 respectively
A: The information being given is:- Total cost = $800 Profits = $300 We need to calculate the value of…
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: 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: 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: A company manufactures and sells book-cases .The selling price is $54.90 per book case.The total…
A: a. For total q units sold, Total Revenue (TR) is given by, TR=54.90q b. Given total cost (TC) is…
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: Calculate the explicit cost if accounting profit is $3000 and the total revenue is $3900
A: The information given to us is as follows:- Accounting profits = $3000 Total revenue generated by…
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 fixed cost is 10, variable cost per unit is 2 and the price function is P = -Q +9 then the value…
A: Given, Fixed cost = 10 Price function: P = -Q + 9 Variable cost = 2
Q: Calculate total cost if fixed cost is $100 and the variable cost is $210
A: According to the above given question the values given to us are:- Fixed cost of the firm = $100…
Q: Calculate the value of total revenue if total cost is $6500 and profits are $800
A: The information given in the question is:- Total cost = $6500 Profits = $800 Total revenue = ? We…
Q: Find profit if total cost and total revenue are $300 and $400 respectively
A: According to the above mentioned question, the values are:- Total cost of firm = $300 Total revenue…
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: Cost savings may be ________________ such as lower prices paid, or ______________ such as increased…
A: There are 6 types of cost cost savings : Historic saving Budget savings Technical savings RFP…
Q: True or false: a change in fixed costs will change average total cost. a.True b.False
A: The measure that depicts the expenses that are incurred for carrying day-to-day expenses of the…
Q: What would be the value of average cost if total cost is $1600 and output is 24 units
A: The information being given is:- Total cost = $1600 Output = 24 units We have to calculate the…
Q: Calculate total cost when profit is $310 and the total revenue is $650
A: The data presented in the question above is:- Profits = $310 Total revenue = $650 Total cost is to…
Q: Billco had a total cost of $10,000 when it sold 200 units. It had a total cost of $14,000 when it…
A: Total cost is the sum of Fixed cost and variable cost. Fixed cost is the cost that remains same at…
Q: Yamaha company sells auto parts. One of auto part has selling price for $110. Yamaha company buys…
A: Given, Selling price = $110 Variable cost (VC)= $80 Average unit sold = 40 units
Q: Find average cost if Total cost is $1000 and the output is 60 units
A: The information given to us is as follows:- Total cost = $1000 Output of the firm = 60 units…
Q: What will be the Total revenue If the total cost is 200 and the profit is 400!
A: Relatively in the given question, Total cost amount is = 200 Profit valued as = 400 Total revenue…
Q: When there are economies of scope between products, selling off an unorofitable subsidiary could…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Average variable cost does NOT equal: Select one: a. total cost minus fixed cost divided by output.…
A: In the field of economics, the expression "average variable cost" portrays the variable expense for…
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.
Q: When total revenue is $4000, explicit cost is $700, and implicit cost is $500, then calculate the…
A: The sum of your recurring (MRR) and non-recurring revenue sources is your total revenue, commonly…
Step by step
Solved in 2 steps