Q: TP MP AP TVC TFC TC AVC AFC AC MC 10 50 15 100 20 150 25 200 30 250 Requirement: Complete the table…
A: Given that:- X TP 10 50 15 100 20 150 25 200 30 250 Variable cost per unit = P…
Q: The world price of zinc has increased to the point where “moth balled” zinc mines in east Tennessee…
A: The total production mine producing 20,000 tons per year (which is at 100% capacity) when zinc sells…
Q: BC Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total…
A: Company produces Q = 100 pendants Total fixed cost TFC = $5000 Total variable cost TVC = $15000
Q: Darrell owns a furniture store. His total costs are $225,000 per year, and his fixed costs are…
A: Total costs include all the costs that a firm incurs when producing a product. Fixed costs are the…
Q: # Units Produced Total Revenue Total Costs 1 100 50 180 110 3 250 180 4 290 270 310 380 2. 5.
A:
Q: revenues per month 27,000 costs: erchandise sold $ 17,000 cashier, stock, and delivery help 2,500…
A: Explicit expenses are the direct expenses of working a business, for example, expenses of natural…
Q: Calculate the profits when total cost is $2900 and the total revenue is $3300
A: # The difference between the total revenue and the total cost incurred by the firm gives the profits…
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: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,500,000 calls…
A: Breakeven quantity of call will occur when Total revenue = Total cost
Q: Output (unit) Total Cost (RM) Price (RM) | 1 550 660 2 670 585 3 720 510 4 740 435 5 800 360 960 285…
A: b. Fixed costs are considered in the short run and in the long run, all costs are variable costs.…
Q: caps ness is reproduced below: Output Total Cost 50 890 100 920 150 1000 200 1260 250 1470 300 1850
A: The following problem has been answered as follows
Q: Output Variable Total AVC AFC ATC MC (bоxes) Cost Cost $0 $10 1 $20 $15 3 $69 $3.33 $23 4 $2.50 $27…
A: According to the table given in the question, total cost at 0 units of output is $10 which means…
Q: Calculate the value of total revenue if profit is $3000 and total cost is $1800
A: According to the above given question,we have the values:- Total cost = $1800 Profits = $3000 Using…
Q: The value of average cost is 55 and the quantity is 5 units. Calculate the total cost.
A: # The formula for total cost is :- = Average cost * Quantity This is because average cost is the…
Q: Calculate total cost when total revenue is 70,000 and total profit is 5000
A: # The total profit of the firm is given as:- The difference between total revenue and total cost.…
Q: Question 4: Compute the total mixing cost (fixed and variable) from the following graphical…
A: Given: Total Fixed Cost : a=$25000 Variable cost per unit of activity : b=$3.0430 Activity level of…
Q: Given the following information, how many units must be sold to achieve a profit of $25,000? [Note…
A: There are many different types of costs in the economy. They are the fixed cost, the variable cost,…
Q: Calculate the value of profits if total revenue is $5000 and the total cost is $5500
A: The given information is as follows:- Total revenue = $5000 Total cost= $5500 We have to calculate…
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 "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: 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: Estimate the total cost of a house (from purchasing a lot to furnishing it) using the following…
A: The total cost is calculated as follows.
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: Total cost = $4500 fixed costs = $2000 variable cost = ?
A: In the production process, different inputs are used to produce the final output. Each input has its…
Q: Average Verage Fixed Average Variable Fixed Variable Total Total Margin Output Costs 10 Costs 60…
A: in the given question only output and total cost are only given, for the remaining parts following…
Q: Calculate profits if total revenue is $6500 and the total cost is $2300
A: The information being given to us is as follows:- Total revenue = $6500 Total cost = $2300 The…
Q: What are the fixed cost and variable cost form th ebelow list? 3000 Bottles price 25782.6 2 years…
A: In economics, there are 2 crucial costs which are: (i) fixed costs- These are the costs that remain…
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: Price and cost (dollars per pair) 150 MC 125- 100 ATC 75- 50+ 25- MR 100 200 300 400 Quantity (pairs…
A: Equilibrium is at the point where MR = MC and MC will be upward rising.
Q: A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and…
A: Total cost = 15000 + 1000X Total Revenue = 2500 X
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: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,500,000 calls…
A: Break-even (BE) is a point where the firms incur no loss or profit.
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: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,400,000 calls…
A: Production capacity refers to the total amount of goods that can be produced by a firm with the…
Q: Jenkins Ltd manufactures remote control cars which sells for $500 each. The fixed cost is $70000 and…
A: Fixed costs are the costs which can't be altered in the short run and on the other hand the variable…
Q: Eng Bearing Manulacturer company nof auunssy sandu RutMOIOI aun pas Equipment Maintenance Cost per…
A: Here we calculate the following terms by using the given details and conclude the answer so the…
Q: Output (unit) Total Cost (RM) Price (RM) - 1 550 670 660 2 585 720 510 4 740 435 5 800 360 6 960 285…
A: Marginal cost is the additional cost incurred in order to produce an additional unit of ouptut.…
Q: If total revenue is $3500 and the price per unit is $70 Calculate output
A: The firms, or the producers are the entities who are involved in the production of goods, and…
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: . Given the following fixed and variable costs and the volumes, calculate the total andunit costs.
A: Total cost is the sum of fixed and variable costs. Unit cost is obtained on dividing total cost by…
Q: Some rental units have certain expenses included with the rent. Water, electricity, and heating are…
A: Utilities expense is the cost incurred by using utilities such as electricity, water, waste…
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: EXAMPLE Total cost 1400 1200 1000 800 600 400 200 100 200 Levels of activity, units Based on the…
A: The scatter graph method is a graphical representation used to separate the mixed cost into fixed…
Q: What is the fixed cost? what is the AVC quantity of 10 quantity. Total cost 0.…
A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…
Q: Find profit level of total revenue is $2490 and total cost is $2100
A: The information being given is:- Total revenue = $2490 Total cost = $2100 Profit= ?
Q: The Red Lobster (RL) restaurant chain has been using two seafood vendors for lobster: Cape Cod…
A: Supplier Performance index (SPI) is being calculated for each of the commodity or item being…
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: a. Estimate a learning curve for the data. b. How well do the data fit a learning curve? c. Estimate…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Step by step
Solved in 2 steps
- Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost, variable costs, and marginal cost?Consider the following cost information for a pizzeria:QuantityTotal CostVariable Cost0 dozen pizzas$300$01350502390903420120445015054901906540240a. What is the pizzeria’s fixed cost?Total Fixed Total Variable Labor Output cost (workers) (units per day) (dollars) 20 20 20 20 20 20 Cost (dollars) 13 16 18 25 50 75 100 125 4.
- 10. If the total cost function for a product is given by: TC - 1500 + 5Q- 10 Q² +Q° And if the output level is 100 unit, derive and find the value of: a. The fixed cost (FC)The Trouser Company has fixed costs of 2,400 per week. In addition, we have some information about its total costs of production.Output020406080100120140TC2400530067007200770091001200017400a) For each of the output levels in the table, calculate the Trouser Company’s average variable costs (AVC), average (total) cost (AC) and marginal cost (MC).b) Sketch a diagram showing the marginal cost curve, the average variable cost curve, and the firm’s short run supply curve. c) Explain how the firm would maximise its profit, assuming that it faces conditions of perfect competition, in the short run.Graphically Represent and analyze the interrelationship between the short run costs Units TFC TVC TC AFC AVC AC MC 0 24 0 1 24 28 2 24 54 3 24 75 4 24 96 5 24 126 6 24 168 7 24 214 8 24 264.
- What is the total cost of producing 200 units 125 150 180 210Total Fixed Total Variable Labor Output (workers) (units per day) (dollars) Cost Cost (dollars) 20 20 20 20 20 20 25 50 75 100 125 2 19 13 4. 16 1SYour cousin Vinnie owns a painting company withfixed costs of S200 and the following schedule forvariable costs:Quan tityof H()usesPaintedper MonthVarialilleCosts2 3 4 5 6 7$10 $20 $40 $80 $160 $320 $640Calculate average fixed cost.. average variable cost,and average total cost for each quantity. What is theefficient scalo of the painting company?
- The tapie pelow Cotains pricerdemand and total cOSt data Tor the production of treadmilis, where p is the wholesale price (in dollars) of a treadmill for an annual demand of x treadmills, and C is the total cost (in dollars) of producing x treadmills. p ($) C ($) 2,910 1,450 3,634,000 3,415 1,275 3,782,000 4,645 1,123 4,185,000 5,330 918 4,290,000 Use this data to find a linear regression equation for price-demand data, using x as the independent variable: p= ax + b, where a is rounded to 1 decimal place and 6 is rounded to the nearest integer. Use this data to find a linear regression model for the cost data, using x as the independent variable: C(x) = cx + d, where c is rounded to the nearest integer and d is.rounded to the nearest 10,000. To Do Notifications Dashboard CalendarIf you were a taxi driver, the daily revenue and cost are as the following: Revenue: $250 Variable cost (gas, your labor…): $190 Mortgage payment for car: $70 License Fee: $30 For profit maximization, will you operate your taxi business today? What is the minimum daily revenue to keep the operation in the short run? What is the minimum daily revenue to keep the operation in the long run? Please show calculation formula and/or equation.0 Labo capit total Labors ur al product $20 FC 5 15 1 10 1 1 1 20 1 Question 6 Mr-Ali Alawi recently set a shoe manufacturing outlet. He is planning for production demand, labor requirement, fixed cost, variable cost, the revenue. He come up with the following schedule. Help him to fill up the schedule. Initially he plans to use one machine. Total fixed cost per month is expected to be $1000. The unit cost of labor is estimated to be $20. 0 25 75 100 VC=# of 150 0 100 200 300 1000 total Cost(FC+VATotal cost/ C) 100 1000 120 1000 140 1000 160 Marginal cost(MC) 400 1000 180 ATotal Product Total Revenue Profit