Overhead for one month at the Allimore Department store totaled $6000. Find the overhead for each of the departments, based on sales, if thestore had the following monthly sales by department: toys, $4000; appliances, $6000; children's clothing, $6900; books, $4800; and furniture,$8000.Enter the overhead values for each department.Department OverheadToysAppliances $Children's$ClothingBooks$Furniture(Do not round until the final answer. Then round to the nearest cent as needed.)

Answered: Image /qna-images/answer/47e0b989-0e21-4d72-b0bd-a54376987428.jpg

Answered: Overhead for one month at the Allimore…

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter22: Supply: The Costs Of Doing Business

Section: Chapter Questions

Problem 13E

See similar textbooks

Similar questions

Your cousin Vinnie owns a painting company with fixed costs of $250 and the following schedule for variable costs: Quantity (Houses Painted per Month) 1 2 3 4 5 6 7 The efficient scale is Variable Cost (Dollars) 8 20 50 160 houses. 320 500 720 Average Fixed Cost Average Variable Cost Average Total Cost (Dollars) (Dollars) (Dollars)
If 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: $30 For profit maximization, will you operate your taxi business today? What is the minimum daily revenue to keep the operation in the short run? What is the minimum daily revenue to keep the operation in the long run? Please show calculation formula and/or equation.
Based on this graph,Calculate the total cost for 500 pairs of shoes.
Output(units per day) 10 20 30 Total costs($ per day) 40 54 62 80 Find the average total cost at the output of 10 units. $2.5 $5.4 $2 $5.4
The table below shows cost data for WipeOutSki Company, which manufactures skis for beginners. If the company's fixed costs are $30, what is the average total cost in B? Variable Fixed Total Average Cost $30 $30 $30 $30 $30 $30 $30 Quantity Cost Average Total Marginal Cost Cost Variable Cost Cost $10 $25 $45 $70 $100 $135 1 2 A 345O
Ball Bearings, Inc., faces costs of production asfollows:Quantity (cases) Total Fixed Cost Total Variable Cost0 $100 $ 01 100 502 100 703 100 904 100 1405 100 2006 100 360a. Calculate the company’s average fixed cost,average variable cost, average total cost, andmarginal cost at each level of production.
See the cost information in the table below. When this firm produces 5 units, what is the average total cost? Quantity produced/day Total Cost Variable Cost 0 $100 0 1 $175 $75 2 $200 $100 3 $250 $150 4 $280 $180 5 $360 $260 6 $400 $300
Text Problem 22-6 Question Help The cost structure of a manufacturer of microchips is described in the table shown below. The firm's fixed costs equal $10,000 per day. Calculate the average variable cost, average fixed cost, and average total cost at each output level. (Your answers should be rounded to the nearest cent.) Average Fixed Cost ($) Average Total Cost ($) Total Cost of Output (microchips per day) Average Variable Cost ($) Output $10,000 30,000 60,000 55,000 95.000 80,000 150.000 105,000 220,000 130,000 325,000 155.000 465.000
If a firm has total revenue of $30,000 for January and the cost for the month are $26000 Calculate total profit
Use the accompanying graph to answer the following questions. Assume the company makes 30,000 parts per month of Product A and 17,500 parts per month of Product B. Click the icon to view the provided graph. (a) Which Product has the higher variable cost, and what is this value in units of dollars per part? has the higher variable cost. This value is $/part. (Type an integer or a decimal. Round your answer to two decimal places.) More Info Total Cost or Revenue [$] Milions $6- $5- $4- $3- FA $0- O. 0 10 - Product A Total Cost - Product B Total Cost Product A Revenue Product B Revenue G1 A 20 30 G T 40 Time (t) [months] Print 50 Done 60 N ... 70 80 Ⓡ o X
Total cost of the firm to produce 50 Pens is 100 dollars with variable cost 25 dollars. Calculate the fixed costs.
Accounting Complete the table and Graph the cost curves: Output (Q)/day Total Variable costs ($) Total costs (TC) ($) Marginal costs (MC) ($) Average Total costs (ATC) ($) Average Variable costs (AVC) ($) 0 0 635 -- ---- ---- 1 50 2 100 3 150 4 200 5 300 6 400 7 500 8 650 9 800 What is the dollar value of the fixed costs in this example? Why do marginal costs, average variable costs, average total cost have a “U” shape? That is, why do they start out high, get lower, and then higher again? For 7 units of output, what is the average fixed cost? Why does average fixed cost fall as a firm produces more of a good?

SEE MORE QUESTIONS

Recommended textbooks for you

Economics:

Economics

ISBN:

9781285859460

Author:

BOYES, William

Publisher:

Cengage Learning

Economics:

Economics

ISBN:

9781285859460

Author:

BOYES, William

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS