Find the exact cost of producing the 501st item.

Q: Calculate profits if total revenue is $350 and the total cost is $310

A: If we are given with the value of total revenue and total cost of the firm, then this can helps us…

Q: SBC company has demand for 1,000 pumps each year. The cost of a pump is $50, it costs $40 to place…

A: Optimal Order Quantity for SBC PumpsThis document analyzes the optimal order quantity for SBC pumps,…

Q: Construct the cost schedule

A: Cost schedule refers to the table that shows the total cost of production at different levels of…

Q: If total cost is $3000 and fixed cost is $1000 Calculate variable cost

A: The data presented in the question above is:- Total cost incurred = $3000 Fixed cost = $1000…

Q: hy is it important for managers to avoid confusing incremental costs with average costs?

A: Incremental Cost :- The incremental cost represents the cumulative amount of money spent on an extra…

Q: Which calculations would be used to estimate resource costs for 12 months

A: The objective of the question is to understand the calculations required to estimate the resource…

Q: Calculate total variable cost is average variable cost is $82 and the output is 16 units

A: TVC= AVC*Q

Q: impact of fixed and variable cost on break even analysis

A: Fixed and variable costs are the two costs that are considered to be an important costs that a firm…

Q: Can we outsource an IT Function? Give at least (3) risks or disadvantages of outsourcing the IT…

A: Outsourcing means a company is hiring regular service from external sources, mostly from other…

Q: What will be the value of  average cost if Total cost is $405 and the output is 30 units

A: The data presented in the question above is:- Total cost = $405  Output = 30 units  We need to find…

Q: The fixed cost of a firm is $4000 and variable cost is $2000 what would be the total cost of the…

A: The total cost of a firm is all costs that a firm bears whether it is fixed cost or variable cost.…

Q: Don't use chatgpt

A: The question about "what happened to the $5 production cost" appears to relate to a specific case,…

Q: Calculate total cost when average cost is $36 and the output is 99 units.

A: We are Given that:- Average cost of the firm = $36 Total output = 99 units. We need to calculate the…

Q: If total cost is $320 and output is 4 units Calculate AC

A: The information being given to us is:- Total cost of the firm = $320  Output = 4 units We have to…

Q: What is the fundamental difference between estimating costs using a CER and a cost index?

A: Cost index: Cost index refers to the index which related the inventory cost of current year with…

Q: Another term for incremental costs?

A: A producing agent incurs costs on the procurement of factors of production such as raw materials,…

Q: Define the term incremental costs?

A: Incremental costs include the total cost for producing one more unit of the output.It is the extra…

Q: is a performance measurement and management document that records the ratings from a performance…

A: The company keeps record of the performance of the employees so that they can evaluate it in the…

Q: If it costs $50 per lost haircut due to customer dissatisfaction and $100 for each unit of capacity…

A: Part-4) Cost per haircut dissatisfaction's = 50 Each Unit of Capacity = 100

Q: If the total revenue is 184 units in the total profit is 132 units find the total cost?

A:

Q: If in an economy the fixed cost is $212 and the variable cost or $644 what are the total cost?

A:

Q: What is the cost of producing an additional car when 50 cars are being produced?

A: An opportunity cost arises when an economic agent has to choose between alternative ways of…

Q: How can we determine the Cost Basis?

A: Calculation of the cost basis of an investment shows the capital gain or loss on it. It indicates…

Q: Your employer is giving you option of working on commission for the day or taking an hourly wage of…

A: Calculate how much you would earn in an 8-hour shift at the hourly wage of $18.

Q: 4. Thanks to years of consistent contracts and an outstanding administration, Crestwood High School…

A: The market supply curve of a commodity can shift as a result of a change in technology, input costs,…

Q: new cruise missile guidance control. The i rst unit took 4,000 hours to complete and cost $30,000 in…

A: Answer a) 80% of the 22nd unit = 0.369770% of the 22nd unit = 0.2038 Hours in 22nd units = 0.3697 x…

Q: The average cost is $13 and the output pro- duced is 10 units Calculate total cost

A: The information being given is:- Average cost = $13  Output = 10 units  Total cost = ?

Q: The of an input is the output per unit of the input

A: Inputs are any resources used in the production of goods and services.  Labor (workers' time), fuel,…

Q: hedule detailing the weekly total production of per week, and the cost of each unit of capital is tz…

A: The objective of this question is to calculate the value marginal product (VMPL) of the 7th worker.…

Q: What does the Cost basis generally include?

A: In engineering economics, the cost basis of an asset represents the total cost of an asset that…

Q: Distinguish between product costs and period costs?

A: The cost incurred after the product is sold is refers to period cost, which includes shipping cost,…

Q: Calculate the value of total cost if variable cost is $320 and fixed cost is $110

A: The given information is as follows:- Total variable cost = $320 Fixed cost = $110 We have to…

Q: Jonah bought a bracelet at original cost $24 to sell in his handicraft store. The markup was 25% on…

A: Markup refers to the amount added to the cost of a product or service in order to determine its…

Q: Please do fast, its important for me. Thanks in advance. Difference between the nominal cost and…

A: Cost can be defined as a monetary expenditure incurred by a firm on acquiring, materials, time and…

Q: Find average cost if output produced is 24 units and the total cost is $8700

A: The data presented in the question above is:- Output produced by firm = 24 units  Total cost = $8700…

Q: True or false  The fixed cost does not alter with the level of output.

A: Cost is the amount of resources, usually expressed in monetary terms, which might be required to…