If the ATC of the 20th unit is $35, then: A) the MC is increasing between 10 and 20 units; B) the ATC is falling between 20 and 30 units; C) the MC is falling between 20 and 30 units; D) the AVC is falling between 20 and 30 units; E) the ATC is rising between 20 and 30 units.
Q: A bookstore expects to sell 100 calculus textbooks during the next year. It costs $3.20 to store one…
A: The cost of inventory includes the cost of purchased merchandise, less discounts that are taken,…
Q: In the context of process analysis a. _____ can help eliminate or minimize bottlenecks. b. _____…
A: A bottleneck is a stage in a process that restricts the overall capacity of the process. In a…
Q: ATC is: a. AVC − AFC. b. MC + AVC. c. AFC + AVC. d. (AFC + AVC) + Q.
A: Cost is the expenditure incurred by firms on the production of goods and services.
Q: In the design of a jet engine part, the designer has a choice of specifying either an aluminum alloy…
A: Güven Data: - Weight of aluminium casting / unit = 1.2 kg Cost of making aluminium Casting per kg =…
Q: Analyse the various transport costs which could be incurred when managing the cost of a project
A: The two major categories of transport costs are fixed costs (commonly referred to by economists as…
Q: Savemart needs 1000 coffee makers per year. The cost of each coffee maker is $78. Ordering cost is…
A: Annual demand = 1000 Ordering cost = $100 Per unit cost = $78 Carrying cost = 40% per unit Holding…
Q: Cost in oil and gas operations may be classified into a number of non-mutually exclusive groupings…
A: Cost is the expenditure that is incurred in the production of goods and services. It means the total…
Q: If the ATC of 20th unit is $35, then ____. a) the AVC is rising between the 20th and 30th units b)…
A: If the ATC of 20th unit is $35, then
Q: A manufacturing company places a semi-annual order of 24,000 units at a price of $20 per unit. Its…
A: Given: Semi-Annual orders =24000 units The total order quantity per year (A)=24000*2=48000 units…
Q: Q2. A company manufactures and sells wallets. The selling price is 54.90 AED per wallet. The total…
A: a) Cost function: C(x)=Ax+B Now, C(x)=50,000 ; x=2000 C(x)=32,120 ; x=800 Thus, 50,000=2000A+B…
Q: A part can be made either milling, or by broaching: The tooling for the milling machine will cost…
A: production volume estimates the aggregate sum your organization can deliver over a long time. It…
Q: A manufacturer of Chocolate has a fixed cost of Tk.60000 and variable cost is Tk.7 per produced…
A: The Break-even point is that level of output, beyond which the producer starts earning supernormal…
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 .
Q: A manufacturer of certain household goods caters primarily to the south Indian market. At present,…
A: Market demand is the sum total of demand in different market of a particular product. In simple…
Q: Safety stock in an MRP system A is never needed. B. is used to provide flexibility to meet changing…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Point F indicates _____? A) where the cost per unit is at a minimum; B) where the AVC is at a…
A: The graph in the question shows cost curves where curve ending with point A is Marginal cost (MC)…
Q: Fixed Costs are expenses that: Multiple Choice Do not change as production changes. They are usually…
A: Fixed cost are the cost that do not depend on level of production
Q: Bose will incur fixed costs of $200,000 and unit variable costs of $25 on its new wireless Bluetooth…
A: Fixed cost is the cost that must be paid by the firm irrespective of its level of…
Q: You and your friends have decided to build a skateboard ramp behind your house. You have already…
A: Explicit cost is the cost which has to be paid to outsiders for getting the product ready.Implicit…
Q: If the system costs $600 to fix every time it breaks down, what is the expected fixing cost if the…
A: Let's first calculate reliability and failure of the system using the given values.
Q: You have an assignment to appraise a dairy heifer feedlot and discovered one recent sale that is…
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: A manufacturer has to supply his customer with 600 units of his products per year. Shortage are not…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: E-commerce has had an explosive growth in the last year due to the pandemic. Many different retail…
A: Total cost refers to the expenditure incurred on producing goods and services. Total revenue is the…
Q: Prius gets 49 miles per gallon. But it costs $25,000. Focus gets 31 miles per gallon, and costs…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
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 wholesale cost of a VCR is $210. The original markup was 27% based on selling price. Find the…
A:
Q: A firm produces a product made of a rare stone but has shipping costs. For simplicity, ignore all…
A: Locational cost examination is a strategy for deciding the volume of creation where an organization…
Q: From the graph provided one can surmise that the number of time spent on cost estimation, the less…
A: GIVEN From the graph provided one can surmise that the number of time spent on coast estimation,…
Q: Estimate the cost of expanding a planned new clinic by 50,000 ft2. The appropriate capacity exponent…
A: * Solution :-
Q: Currently, your unit labor cost is $9.40 and you have an automation rating of 4. You change the…
A: Given the following information: *Unit labor cost at present =$9.40*Automation rating increases from…
Q: When all the unit cost curves are below the MC curve, the AVC and AC curves are declining.
A: Ans. in step 2
Q: A furniture manufacturer has an annual overhead cost of P120,000 plus 20% of the sales in pesos.…
A: Breakeven point refers to the situation where the total cost of the production is equal the total…
Q: Rising per-unit production costs are most: Multiple Choice
A: A rise in the per-unit cost of production suggests that it will affect the supply adversely. The…
Q: ATC is: a. AVC − AFC. b.MC + AVC. c. AFC + AVC. d. (AFC + AVC) + Q.
A: Total cost is calculated by taking the sum of two components or variables is a fixed cost and…
Q: A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Samantha Ross is the procurement manager for the headquarters of a large Financial company chain…
A: Eoq stands for economic order quantity which can be calculated by the formula:- EOQ = √2×D×O÷C…
Q: Focus on the difference between feasible alternatives. Insulated concrete forms (ICF) can be used as…
A: Cost needed for a typical wooden framed home = 2000*120=$240,000 We will save 50% on the cool and…
Q: Costs 0 MC D ATC
A: The firm will shut down it's operations and exit the market at a point for a competitive firm is…
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: Your company presently uses a crew of its own employees for all major maintenance. On average, 44…
A: Introduction Production is the organised activity of transforming resources into finished products…
Q: The following information is available for Product 7TY which EOQ is of 125 kg. The maximum usage…
A: The maximum level of inventory is the maximum quantity of material which we should keep in store as…
Q: True/False Total cost can never be zero
A: # Total cost is given by the sum of total fixed cost and the total variable costs. TC = TFC + TVC
Q: A call center for insurance-company inquiries has a capacity of 2 million calls per year. The fixed…
A: Fixed cost = $900,000 variable cost = 1.9 Total variable cost = 1.9n Total cost = 900,000 + 1.9 n…
Q: The endpoint method computes the percent change as a percent of the starting value. | The endpoint…
A: Price elasticity of demand indicates the responsiveness of quantity demanded to a change in the…
Q: Avocado has received a special order for 2,400 units of its product at a special price. The product…
A: Solution- Avocado has received a special order for 2,400 units of its product at a special price.…
Q: The cost of the Good Son Stroller to the retailer is $245. If the retailer wants a rate of mark up…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
If the
A) the MC is increasing between 10 and 20 units;
B) the ATC is falling between 20 and 30 units;
C) the MC is falling between 20 and 30 units;
D) the
E) the ATC is rising between 20 and 30 units.
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
- sarah earns 400 per week and spends 15% of her earning on tranpotation every weekEconomics Joey is opening a coffee shop and he needs to decide how many baristas he should staff. He did some analysis of other coffee shops and he determined that this is an M/M/s system. He expects customers to arrive at the rate of 6 per minute and the service rate will be 3 customers per minute per barista. He estimates the cost of waiting Cwto bee60 and the cost of service Cs will bee14 per hour per barista. (a) What is the minimum number of servers this system must have? (b) What number of servers will minimise the total cost.Mc Graw Hill c) Assuming that the cost of employing each worker is $220 per day (including wages and materials), and Custom Made Pot has daily fixed costs of $400, fill in Table B given below: Round your AVC and MC answers to one decimal place. Number of TP WorkersOutput 1 2 3 A 5 6 10 80 TVC($) 220 440 180 240 830 280 1100 294 1320 660 6 TFC Table B TC 400 620 620 400 840 400 1060 400 1280 1280 400 1500 1720 400 AVC($) ATC 22 62 5.5 10.5 3.67 5.89 3.67 5.33 3.9 4.5 5.3 5.8 MC($) dy On the graph given below, plot the following points showing the quantity and dollar amounts. point of diminishing returns (D) most productive point (P) economic capacity (E) Tools O 220 220 220 Once a point is plotted, a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed. n D 220 220 ? P Prev 1 of 8 SAMSUNG Next >
- Scatter Diagrams and High-Low Cost Estimation From April 1 through October 31, Coles County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The County Road Commissioner has asked you to help her in determining the variable labor cost of mowing and cleaning a mile of road. The following information is available regarding current-year operations: Miles Mowed Labor Month and Cleaned Costs April 240 S6,800 May 305 7,680 June 325 8,310 July 275 7,200 August 220 6,550 September 200 5,760 Оctober 75 4,960 Use the information from the high- and low-volume months to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 3,955 v + $ 13.4 v X Plot the data on a scatter diagram. Using the information from representative high- and low volume months, use the high-low method to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 9,181 x + $ 13.4 x x Adjust the equation developed in…You are presented with the following break-even chart of GHI Company. They have budgeted sales of 75 000 units. You are required to use the chart to assist you in answering the questions posed below. Break-even chart for GHI Company R(000s) 3.6 REQUIRED 3.7 3.8 320 290 250 3.9 110 Units (000s) 56 75 (a) (b) Provide the correct graph labels represented by '(a)' and '(b)'. What is the value of the fixed costs of GHI Company? What is GHI Company's break-even revenue and units? How much profit would be made if GHI were to sell 75 000 units? 3.10 Explain your understanding of fixed costs and variable costs. In your answer you are required to provide a brief definition, an example of each and make use of a rough graph to illustrate your understanding of each.The owner shop is contemlating adding anew product which will require additional mouthly payment of 6000, variable costs would be brirr. 2 per new product & its selling price is brirr. 7 each What would be the profit(loss) be if 1000 unit were sold in month?
- Cost/Unit $30 $23 $20 $18 $10 25 ATC₁ 30 ATC₂ 40 ATC₂ 45 ATC4 OutputQ4/ A factory for the production of ceiling fans employs 500 labors with an annual productivity 80 per unit/per year. If the standard production is 200 ceiling fan, Calculate the number of fans produced and the extent of production efficiency.COSTS (Dollars per pound) 80 72 64 56 48 40 32 24 16 8 0 MC ATC AVC 0 4 8 12 16 20 24 28 □ 32 QUANTITY (Thousands of pounds) 36 40
