Q: · Opportumity cost is: Ta) That which we forgo or give up, when we make a choice or a decision. (b)…
A: In the production process, inputs are used to produce the final output. Costs of production are the…
Q: otal cost is equal to average cost times marginal cost. a. True O b. False
A: Answer - True Total cost is equal to average cost times marginal cost. Explanation Total cost is…
Q: what is cost and revenue analysis?
A: Cost refers to the money payment made to the factors of production which are involved in the…
Q: calculators produce per Casio makes a profit of 10% on its, 10,000 shares with a pa per month.…
A: The break-even point is the moment at which total cost and total income are equal, indicating that…
Q: from the given data Q = 100, P=$12, ATC = $10, AVC = $4. find Average fixed cost and Total Profit…
A: Cost(C) refers to the monetary and non-monetary expenditure(E) incurred by a producer on the factor…
Q: TC 50 TR 40 30 otal cost (dollars per day)
A: Economic profit is zero when total revenue and total cost are equal to each other. Hence, there is…
Q: rofit maximizing output is at: * 100 320 440
A: Total profit is calculated as total revenue minus total cost
Q: Given: TR = 193Q -4Q² TC = 1/3Q³-12Q²+179Q+100 (A). Find Q to get maximum TR (Notes: Use 3 digits…
A: Answer;
Q: If output is 34 unit and total cost is $1300 Find average Cost
A: According to the question, the values given are:- Output = 34 units Total cost = $1300 We need to…
Q: If profit is $360 and total cost is $800 Calculate Total revenue
A: According to the above mentioned question, the values are:- Profit = $360 Total cost = $800 We have…
Q: Is a type of cost which does not vary with the unit of production and will remain constant…
A: Cost refers to the money involved in producing the goods and services by the producers. They include…
Q: A drugstore sells 30 bottles of antibiotics per week. Each time it orders antibiotics, there is a…
A: Given: A drugstore sells= 30 bottles of antibiotics per week There is a fixed ordering cost of =…
Q: Accounting profit is $1500 and the explicit cost is $450 Calculate the value of total revenue
A: please find below the calculation.
Q: Hactory produces 20 units of output. Its average faed cost (AFC) - $25, everage total cost (ATC) -…
A: Output: Q=20 AFC=$25 ATC=$35 MC=$15 Variable cost is that cost which varies with output…
Q: A Commedity has a demand fucion modeied bI P= 100-0.5x² (x= number of units demand and pis Price per…
A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…
Q: Marc is paid on a graduated commission scale. For the first $10,000 of sales his commission is…
A: There are various schemes being offered by various organisations in order to increase the sale…
Q: There is a monthly profit objective of $17,000 for Ricky's Repair Shop. 60 percent of for by…
A: The profit margin is a proportion of an organization's benefit (deals short all costs) separated by…
Q: If a firm has total revenue of $30,000 for January and the cost for the month are $26000 Calculate…
A: The information being given is:- Total revenue for January = $30,000 Total cost for January =…
Q: Find net profit if total revenue is $1000 and total cost is 30% of Total revenue
A: The data presented in the question above is:- Total revenue = $1000 Total cost = 30% of total…
Q: Cost LRAC 40 30 20 10 100 200 400 800 Output a. What is the cost per unit when the firm produces: i.…
A: The cost of production is the cost incurred in the process of production in the economy by a firm.…
Q: Accounting and economic cost Economic cost
A: Accounting Cost = Accounting costs measure the financial value of taking an action. They are the…
Q: and unit oor cost is 3 o. the a erhead fixed costs are $ 500,000 and the promotion and advertising…
A: Contribution margin, or dollar commitment per unit, is the selling cost per unit less the variable…
Q: The "A" student did a quarterly cost breakdown analysis for Delicious Deserts. A month-to- month…
A: PLEASE BE NOTED AS PER THE GUIDELINES I HAVE DONE THE FIRST THREE SUB-PARTS. PLEASE POST ANOTHER…
Q: AVC AFC Quantity
A:
Q: C (z) = 0.0423 – 20z+ 350. (a) Find the marginal cost function. a ab |a| sin (a) MC (z) = (b) Find…
A: The marginal cost is the incremental cost incurred in the production of an additional unit of a good…
Q: BridgeCo manufactures ar used struc standard size caseloads for a price of $4000. BridgeCo's fixed…
A: Price=$4000 Fixed Cost=$20,000 Variable Cost=$2000 (a) Total Revenue= Price*Quantity TR=4000*Q…
Q: A publisher plans to sell 200,000 copies of textbook in a year. If it costs $3750 to set up a…
A: Given the information: Plan to sell copies = 200000 Cost to set-up printing = $3750 Cost to print a…
Q: yue cost Funct ou and price per unit functon of setling x vuit of calculators are c(x) =°0 1x²+…
A: Quantity times price function gives the revenue function. Marginal cost is the additional cost for…
Q: Find market price if factor cost is$10and NIT is $20?
A: According to question Factor cost =$10 NIT=$20 market price has to be calculated
Q: 1.Quantity 2. Pnce 3. TR 4. Cost per unit 5 TC
A: The profit of a firm equals the total cost, which is the total cost incurred by the firm, subtracted…
Q: Q VC AVC TC ATC MC $30 1 $40 $50 3 $80 4 $90 What are the fixed costs? If the firm can sell its…
A: To complete the table we need following formula Total cost = Fixed cost + Variable cost Average…
Q: ATC Avc K FOR EACH DAGRAM, FIND R 1.Quantity Hi 2. Prce IN 3. TR 4. Cost per unit 5 TC A 13 E F
A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Tire Co. has total fixed costs of $1000 per month. The firm's variable cost is $800 for 10 tires. At…
A: Average variable costs = Total variable cost / Quantity of output
Q: open Text, a nypotnetical firm in waterioo, has TFC of $200, TVC is $600, and TP iS 4 units, then:…
A: Total cost is determined when we add total fixed cost with total variable cost.
Q: Suprose a liim hus revenue R=15-. 5q² und (Ost C= 93-13.5e²+50+ 40. Make a sketch of average…
A: The cost which changes with the change in the volume of output is called total variable cost. These…
Q: Your college newspaper. The Collegiate Investigator, has fixed production costs of $70 per edition,…
A: Given values : Fixed cost of the production = $70 Marginal cost = $0.40 Selling price per copy =…
Q: II. Find The Minimum Cost and graph : 1. C = x2 - 16x + 74 2. C = x2 - 40x + 405 Thank you.
A: Given cost functions C=x2-16x+74 ......... (1) and C=x2-40x+405 .......... (2)…
Q: [Problem 3 ] Piddling Manufacturing assembles security monitors. It purchases 3,600 black and white…
A: The question has been solved below.
Q: Calculate total revenue given:- Profit = $500 Total cost = $1100
A: The data presented to us is:- Profit = $500 Total cost = $1100 Using this we have to find total…
Q: A group is planning its annual fund-raiser in which it raises money by selling pasta dinners. The…
A: A firm's profit is equal to its total revenue adjusted for total costs. All economic activities are…
Q: Activity Cost, $ Score Tethered Aerostats 3.3 8 Boots-on-the-Ground 30.1 52 Fence 11.2 12 Motion…
A: *Answer: First we will find the the cost effectiveness ratio for each of the activity . It is given…
Q: ment I lelhat as Cost Of producton.
A: The production involves producing the various goods and services. The production process would…
Q: It costs a baker a fixed cost of $420 and variable cost of $2.10 per cupcake.A cupcake is sold for…
A: The fixed cost is the cist which remains the same at all the levels of output for the firm. When the…
Q: Cecil Green sells golf shirts. He knows that most people will not pay more than $40 for a golf…
A: Given, markup on cost = 35% The selling price with a markup based on cost will be:
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: A small factory produces a small toy with a fixed cost of $10,000month. If the factory manager wants…
A: Fixed cost = 10,000 Variable cost = $5 per unit Revenue = $15 per unit
Q: Ace Shoe Company sells heel replacement kits for men's shoes. It has fixed costs of $10 million and…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Average fixed cost will be always rising. always falling. U-shaped. constant.
A: Total fixed cost (TFC): - it is the cost incurred on the fixed capital assets like land, building,…
Step by step
Solved in 2 steps
- The costs of producing a commodity consist of ₱102.00 per unit for labor and material cost and ₱54.00 per unit for other variable cost. The fixed cost per month amounts to ₱850,000. The commodity is sold at ₱740.00 each, what is the break-even quality per month? (Hint: for Break-even quality, COST = REVENUE)An article has a Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate number of sales to earn profit of Rs. 8000.(b) Also show the Brek-Even Pricebased on the information in the table what is marla's profit margin? total revenue-$1,400total cost- $900average cost- $7fixed cost-$700quantity-200
- Q.(i) . Selling Price :Rs. 12 Per UnitVariable Cost : 2/3 of SPFixed Cost :Rs. 40,000You are required to calculate:(a) Sales to earn profit of Rs. 8000.(b) Also show the BEPs in Breakeven chart. Q.(ii). Use the following information and explain that how the reduction in selling pricewould affect the MOS?Particulars Rs.Selling price per unit 40Material per unit 12Labour per unit. 8Variable Overheads per unit 4Total Fixed cost is Rs. 8, 000. Full capacity of the Plant is 5, 000 units.Reduced selling price is Rs. 32 per unit.Refer to (Total Time = 20 minutes (VA time) + 10 minutes (NVA time) = 30 minutes; Total Cost = $11.67 (VA cost) + $5.417 (NVA cost) = $17.087) the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. The chef's time is valued at $30 per hour, oven operation at $10 per hour, precooking order waiting time at $5 per hour, and postcooking order waiting time at $60 per hour. The $60 estimate reflects the cost of poor quality for a dinner waiting too long that might be delivered to the customer late (and cold). If a restaurant uses iPads to place orders and notify waiters when the customer's order is ready, the time on the order board (now an electronic order board) decreases from five to four minutes, and the prepared order wait time decreases from five to two minutes. Round your answer for the total revised time to the nearest whole number and round your answer for the total revised cost to three decimal…Output from a process contains 0.02 defective unit. Defective units that go undetectedinto i nal assemblies cost $25 each to replace. An inspection process, which would detectand remove all defectives, can be established to test these units. However, the inspector,who can test 20 units per hour, is paid $8 per hour, including fringe benei ts. Should aninspection station be established to test all units?a. What is the cost to inspect each unit?b. What is the benei t (or loss) from the inspection process?
- plz write solution with clear steps,,thanxUsing the Profit data create a two-way Data Table that calculates the profit using labor cost per item ranging from $5 to $7 with $0.2 increments and quantity from 1500 to 2500 units with 100-unit increments. Assumptions: Fixed cost: $ 5,000.00 Material costs per item: $ 2.25 Labor costs per item: $ 6.50 Shipping costs per 100 items: $ 200.00 Price per item: $ 12.99Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost P8.00, annual demand of 40000, and ordering cost of P48. *
