given: production=150,000 unit unit price= $ 25 Design A Fixed Cost $100,000 Variable Cost ($/x) 20.5x revenue equation =???? اختر احدى الدجابات O 25 25x O 100,000-20.5x O 15,000x 100,000+20.5x
Q: If AFC is $9 at an output of 100 units, and ATC s $11 at the same output, it follows that: TVC is…
A: there are mainly two type cost , Fixed Cost and Variable cost , Average cost is the per unit cost…
Q: Marginal cost is plotted (as an approximation) halfwa between successive units of output. a. True O…
A: Total cost: Total cost refers to the cost that includes fixed cost and variable cost. Here, fixed…
Q: $10 ATC MC 9. 8. AVC 7 6. 5 4 3 1 1 2 3 4 5 6 7 89 10 Quantity (in 1,000s) What is: (1) AVC at 6000…
A: (1) The AVC corresponding to 6000 units of output is $4 per unit Hence, the AVC at 6000 units of…
Q: Question A company produces and sells 6, 400 recliners each year. Each production run has a fixed…
A: Given: The total number of recliners produced and sold by a company is = 6,400 recliners The fixed…
Q: the cost of an imported high-speed assembly-line robot is $80,000 and the in-country cost for one…
A: The cost estimating relations uses to predicting the cost with the help of design variables. The…
Q: Green is a business selling worm farm start-up kit for $12 each. This year, Go Green's fixed cost…
A:
Q: ext year after Matt decides to renew his lease. (maybe unwisely depending on how you swered the…
A: It is given that Chris Hemsworth lies about body shredding capabilities of rutabaga and the demand…
Q: Given the information that follows: Salefixed s = 750,000; explicit costs = 450,000; return you…
A: The profit is the difference between the revenue and the cost. There are different type of profit…
Q: The total cost of an MBF plant is 35,000 units if it produces 500 products, and a total cost of…
A: Given information When Q=500, Total cost =35000 When Q=1000, Total Cost=6000 P=100
Q: TC = 134 + 20Q + 4Q2 What is the average fixed cost when 11 units are produced? Enter as a value.…
A: TC=134+20Q+40Q2AFC=134+20Q+40Q2QNow,AFC11=134+20(11)+40(11)211 =5,19411 =472.18
Q: The variation of the total production cost with the production rate for a process is defined as…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: VT Company's breakeven point is 4,000 units. It's product sells for $20 per unit and has a variable…
A: Total cost is a sum of fixed cost and variable cost. Fixed cost does not depend on quantity and…
Q: Which of the following types of cost are always relevant to a decision? 10 Multiple Cholce Ask Sunk…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: Please answer with details on how to do it. A small company manufactures a certain product.…
A:
Q: A drywall company in Alberta manufactures dry-wall panels for modular construction companies.…
A: The total revenue is maximized where the marginal revenue is zero. The total revenue is…
Q: August September 800 8,500 7,250 550 Based on the given information and using least square method of…
A: The ordinary least squares method allows us to find the line that minimizes the data's residual…
Q: 1. Determine the variable cost per unit and the fixed cost using the high-low method.
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: The total cost of an MBF plant is 35,000 units i it produces 500 products, and a total cost of…
A: Given information When Q=500, Total cost =35000 When Q=1000, Total Cost=6000 P=100
Q: A firm produces 5000 waterproof cellphone cases, which they sell for $30 each. They have $35,000 in…
A: Answer to the question is as follows:
Q: Superior Metals Company has seen its sales volume decline over the last few years as the result of…
A: Fixed cost = $250000 Variable costs = $5 Selling price = $10 Increase in production = 10% Reduced…
Q: Seastrand Oil Company produces two grades of gasoline: regular and high octane. Both gasolines are…
A: Let x1 = gallons of crude 1 used to produce regular y2 = gallons of crude 1 used to produce…
Q: firm estimates its production function as Q = -2.4 + 20*L -.5*L2 + 30*K -1.00*K2 + 15*F -.3*F2.…
A:
Q: TC = 217 + 55Q + 4Q2 What is the average variable cost when 10 units are produced? Enter as a valu
A:
Q: Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series…
A: As given marginal cost is C'(X) = 0.02X +100 and Fixed cost = $4000/ month
Q: The Rainwater Brewery produces beer. The annual fixed cost is $150,000, and the variable cost per…
A: The term “profit” is defined as the excess of total revenue over the total cost. Total cost (TC)…
Q: Problem 6 Your company is in the process of adding a new line for making a new product. The fixed…
A: Given information Fixed cost=$21000 Variable cost=$50 per unit P=-0.5X+300
Q: Which of the following statements related to cost estimation methods is false? a. The three methods…
A: Cost estimation accounts for each of the element being required for the project and in turn…
Q: e Party Connection prepares complete party kits for various types of celebrations. It is currently…
A: Order request is for 25,000 Total Overhead cost = 12500 x 0.25 + 12500 x 0.5 = 3125 + 6250 =…
Q: Get your Guns Up Photo sells three basic types of cameras for travelers. Their fixed costs are…
A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…
Q: A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy…
A: Break even Point : Break even point can be defined as a point below which no producer will sell as…
Q: Total Revenue Total Cost $25 $49 $69 $91 $117 $147 $180 Output $0 $30 $60 $90 $120 $150 $180 In the…
A: The firms, or businesses get involved in the production process, where they tend to produce goods,…
Q: Consider two different cost structures for the same firm. The first bas higher variable costs per…
A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…
Q: Firm Cost (Php) Morgana's Queso de Hamon Anne's Heavenly Hams 3.950,000 4.500,000 A government…
A: The following problem has been solved as follows:
Q: Total costs increase from $1,500 to $1,800when a firm increases output from 40 to50 units. Which of…
A: With MC is constant then it means that that the cost of producing each 10 units is same. Therefore…
Q: TC = 75 +22Q + 2Q² What is the average variable cost when 15 units are produced? Enter as a value.
A: Given, TC = 75 + 22Q + 2Q2 Units produced(Q) = 15 units
Q: Assume you were hired as a Production Engineer in a global Bearing Manufacturer company and given…
A: Answer: Given, Equipment maintenance cost per month = $60,000.00 Utilities cost per month =…
Q: A company has determined that the price and the monthly demand of one of its products are related by…
A: The breakeven point, in economics, occurs at the point where the firm’s total revenue and total…
Q: A company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable…
A: The total cost function is the simple aggregate of the total fixed cost and the total variable cost…
Q: Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000,…
A: Total cost refers to all costs incurred by a firm in producing a certain level of output. Total cost…
Q: Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000…
A: Total cost (TC): - it is the sum of fixed and variable costs incurred in the production process.…
Q: A company estimated that the relationship between the unit price and demand per month for a…
A: The equilibrium price and quantity of a good sold in the market are determined by the forces of…
Q: NUBD, is beginning the production of a new product. Management believes that 500 labor hours will be…
A: A learning curve is a concept that graphically displays the relationship between cost and production…
Q: A small business sells T-shirts during the Lasallian Week Festival. It is estimated that the…
A: production cost is the monetary value incurred on Factor of production during process of production…
Q: Management determined that the daily total cost of producing music players (in dollars) is C(x)=…
A: Cost Function: A cost function in economics can be defined as a formula that predicts the cost that…
Q: TC = 116 +27Q+4Q² What is the average fixed cost when 5 units are produced? Enter as a value, ROUND…
A: Answer: Given, Total cost function: TC=116+27Q+4Q2 Fixed cost: fixed cost remains fixed in the short…
Q: Suppose that the profit function for a product can be calculated as follows: Profit(300-C1-C2)…
A: Given: Given: Profit=(300-C1-C2)*X-10000 Labor cost range: $38.4-46.3 per unit Part cost range:…
Q: 3(a) The cost of manufacturing motor cycles (per day) is related to number to number of motor cycles…
A: Given Total cost in SAR: TC=x33-200x2-50000x ... (1) We have to find a cost-minimizing…
Q: he fixed costs for a certain item are $205 per week. The fixed cost is the y-intercept. The cost to…
A: Fixed costs (FC) of the retailer are $205 per week. The cost to produce one unit is $4. Let Q denote…
Step by step
Solved in 2 steps
- E-commerce has had an explosive growth in the last year due to the pandemic. Many different retail companies with home delivery have had a significant increase in sales. Imagine such a company with home delivery by trucks. Each truck costs NOK 600 per hour including all costs. The average distance per trip is 40 KM and they deliver approximately 60 packages per trip. a. Calculate the cost per delivery. Make your own assumptions for the parameters that affect the time of the processes, like speed, loading time and unloading time. What would be their price per delivery, if they want a profit of 5%? b. Discuss the risk for the transport provider in your price calculation.In the attached table, from 200 to 300 units of output, the average cost of production is in the short run. Question 35 a rising b C d Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. falling constant Output 0 indeterminant 100 200 300 400 Total Cost $5,000 $5,700 $6,300 $7,100 $8,000 □ Variable Cost $0 $700 $1,300 $2,100 $3,0002. What is the relationship between the total cost curve, and the average cost per unit? Explain their relationship, and draw a diagram showing how the two are related. The total cost of production, in thousands of dollars, is C(q) = q³ 12q² + 60q, where q is in thousands and 0 ≤ q ≤ 8. (a) Graph C(q). Estimate visually the quantity at which average cost is minimized. (b) Determine analytically the exact value of q at which average cost is minimized.
- show solution An oil refinery produces one base type of crude oil. The total cost is given by the equation Total Cost, TC = 50,000+20.2D +0.0001D2. The sales price in dollars per barrel is 35. At what level of production in barrels/week is cost/barrel minimum? What is the minimum cost per barrel? What is the maximum weekly profit that the company can make? At what level of production is the maximum weekly profit attainable? and Over what range of production is profit possible? Express answers in whole numbers and write the numerical values only.ATC, AAC, AVC, MC (/uni 270.00 24000 21000 180.00 150.00 120.00 10:00 60.00 30.00 0:00 02 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 Units of Output (0) Unit Cost Curves Refer to the graph above. The curves are not labeled. To help get this question right, you must first label the curves. An output level of 18 is identified with the dark vertical line. The shaded rectangular area (height times width) is the O average sunk cost. O total sunk cost O total avoidable fed cost. O total avoidable cost. O None of the aboveCost (thousands of $) The graph shown on the right represents the cost C (in thousands of dollars) of refining x gallons of gasoline per hour (in thousands). The vertical axis represents the cost, and the horizontal axis represents the number of gallons of gasoline refined. Cost of refining gasoline per hour 1000- 800- 600- 400- Answer the following questions below in parts (a) through (d). 200 O 100 200 300 400 500 600 700 800 Number of Gallorns (thousands) (a) What is the cost of refining 200 thousand gallons of gasoline per hour? thousand
- A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma, etc). The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed 9 cost of $62,308 and a variable cost per unit of XL7510 equal to 202 + - dollars, where is the total 10 number of XL7510s produced. Suppose further that the selling price of this product is 1118 The x-values of the break-even points are The maximum revenue is Form the profit function: P(x) = = The maximum profit is The price that will maximize profit is 1 - dollars per unit of XL7510. 10 dollars (round to the nearest cent) dollars (round to the nearest cent)Problem 6Cannes Croissants (not a real company) wishes to determine the optimum production quantity for its topselling product, almond croissants. The annual demandfor almond croissants is 12,000 units. The setup costs fora production run of the croissants is US$15. The holdingcost per unit per year is US$0.50. Production is mostefficient when 80 croissants are produced per day. Thecompany operates 300 days during a year.a What is the economic production quantity (EPQ)?b How many production runs will there by per year?c What is the maximum inventory level?d What is the total annual cost (in US dollars)?e What is the length of a production run in days?6. Let p(x) = 4 – 0.0002x be the price (in TL) of each unit of a certain product required to attract a demand of x units in a year and let C(x) = 600 + 3x be the total cost of producing x units of the product in a year. (a) (- as large as possible? What is the number of units that should be produced to make the yearly profit (b) What is the yearly profit in case (a)
- A machine shop has three options for a new milling machine. Machine Orpheus has a fixed cost of $5,000, Machine Rex has a fixed cost of $15,000, and the Zulu Machine has a fixed cost of $25,000. The per-unit cost to operate the equipment is $12 for Orpheus, $8 for Rex, and $6 for Zulu. For what range is the total cost of a Zulu machine lowest? a. 2,500 units and higher b. 5,000 units and higher c. 3,333 units and higher d. It is always less expensive to have a Zulu.TC 400+150Q-3Q2 +0.02Q3 400 Based on this equation, find total fixed cost calculate total fix cost -II. Find The Minimum Cost and graph : 1. C = x2 - 16x + 74 2. C = x2 - 40x + 405 Thank you.