When the production volume (Q)is 50 units the total costs (TC)is (1500)omani RIyals and fixed costs (900) Riyals, What is the Average Variable costs AVC ?
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When the production volume (Q)is 50 units the total costs (TC)is (1500)omani RIyals and fixed costs (900) Riyals, What is the Average Variable costs
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- A company is planning to manufacture snowboards. The fixed costs are $125 per day and the total costs are $5,786 per daily output of 19 boards. What is the average costs per board tend to as production increases?Estimate the total cost of a house (from purchasing a lot to furnishing it) using the following estimates: Cost Data House Data Purchasing a lot = $2.50/ft2 Lot size = 100 × 150 ft Construction = $125/ ft2 of livable space House size = 50 × 46, with 75% livable Furnishings = $3000 per room Number of rooms = 6A firm fixed cost are $2000 and firm total cost of producing 100 units is $4000
- 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 profitA small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price demand relationship for this product is P = -0.25D + 250, where P is the unit sales price of the product and D is the annual demand. Total cost = fixed cost + Variable cost, TC = CF + CV Revenue = Demand x Price, TR = D x P Profit = Total Revenue – Total Cost, P = TR – TC a) Develop the equations for the total cost and total revenue. b) Find the breakeven quantity c) How many units must be sold to maximize profit? d) What is the company’s maximum profit?BC Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total variable cost is $15000 per day. Calculate the oer unit total cost ?
- Billy B. decided four years ago to add high bush blueberries to his commercial vegetable farm near Whitesville. The first two years he did not harvest any berries. In the third year he had a very small crop but was not able to sell to the public. This year things look very good for the crop and he expects to produce 3000 pints. Billy has done a good job of keeping up with his costs, which include variable cost of $953.54, fixed cost of $863.92, and labor cost of $600. He believes the best method of marketing his crop is on a pick your own basis. Billy would like some help in determining what he should charge per pint for his berries. Answer the questions below to give Billy some direction on determining an asking price. What is the minimum price Billy can charge and break even on his crop?Billy B. decided four years ago to add high bush blueberries to his commercial vegetable farm near Whitesville. The first two years he did not harvest any berries. In the third year he had a very small crop but was not able to sell to the public. This year things look very good for the crop and he expects to produce 3000 pints. Billy has done a good job of keeping up with his costs, which include variable cost of $953.54, fixed cost of $863.92, and labor cost of $600. He believes the best method of marketing his crop is on a pick your own basis. Billy would like some help in determining what he should charge per pint for his berries. Answer the questions below to give Billy some direction on determining an asking price. If Billy decides to charge $1.25 a pint what quantity will he need to produce to break even?The cost of materials was $1000 per lot when the cost index is 145. Today the cost index is 210. What is the cost per lot? (a) $690 (b) $1000 (c) $1448 (d) Cannot be determined with the data given.
- Big Boss Company produces 125 units of outputat a total cost of $2453. The marignal cost of the 126th unit is $154. What is the total cost of the 126 units?A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,500,000 calls annually. The fixed cost of the center is $850,000 with an average variable cost of $1.95 and revenue of $3.25 per call. Find the break even quantity of calls ?If in an economy the fixed cost is $212 and the variable cost or $644 what are the total cost?
