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You are given the following cost data: q TFC TVC 0 11 0 1 11 12 2 11 22 3 11 34 4 11 48 5 11 64 6 11 82 1. If the price of outp

pashok25 [27]

Answer:1 ) 6 units of output,( 2) Total revenue is $90, (3) Total Cost is $93

Explanation:

Q TFC TVC. TC

$ $ $

O 11 0 11

1 11 12 23

2 11 22 33

3 11 34 45

4. 11 48 59

5 11 64 75

6 11 82 93

To calculate the total cost

TFC + TVC = Total Cost

11 + 0 = 11

11 + 12 = 23

11 + 22 = 33

11 + 34 = 45

11 + 48 = 59

11 + 64 = 75

11 + 82 = 93

The total cost is $93

To calculate the Total revenue

Price × Quantity

Since price = $15, Quantity = 6 unit

15 × 6 = 90

Total revenue = $90

The firm will produce 6 units of output

6 0

4 years ago

According to the BRANDZ model of brand strength, brand building involves people progressing through a sequential series of steps

Rasek [7]

Answer:

A) Presence

Explanation:

A brand is simply an identifying mark of a particular product manufactured by particular company.

The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.

By knowing how long a product brand has been in existence people can the question what do I know about it?

4 0

3 years ago

many companies view the marketing environment as a(n) __________ element to which they must react and adapt.

Karolina [17]

Many companies view the marketing environment as an Uncontrollable element to which they must react and adapt.

Market is a place where the consumers and sellers meet in order to purchase and sell goods respectively. Market runs on many factors which include the availability of the goods, the demand for the goods and easy flow of cash. According to some companies and experts marketing environment is uncontrollable as it comes with risks too. Also, the demand for a particular good cannot be controlled by the market as it solely depends on the consumers. For example, if there is a demand of milk chocolate in the market but market has surplus of dark chocolate then the demand for milk chocolate is uncontrollable. The risk factors include economic factors as well as the political factors.

Learn more about Market at:

brainly.com/question/26511540

#SPJ4

3 0

1 year ago

Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use

Bingel [31]

Answer:

Direct labor cost is $204,000

Explanation:

Total manufacturing costs $320,000

Manufacturing overhead $52,000

Direct materials used $64,000

How much is direct labor cost ?

Total Manufacturing is all the cost used to manufacture a product by the company. It included all direct and indirect expenses incurred during the period for manufacturing a product.

Use following formula to calculate the Direct labor cost:

Manufacturing cost = Direct Expenses + Manufacturing Overhead

Manufacturing cost = ( Direct Material Expense + Direct labor Expense) + Manufacturing Overhead

$320,000 = ( $64,000 + Direct labor Expense) + $52,000

$320,000 = $64,000 + Direct labor Expense + $52,000

$320,000 = $116,000 + Direct labor Expense

Direct labor Expense = $320,000 - $116,000

Direct labor Expense = $204,000

6 0

4 years ago

Sanders, Inc., paid a $3 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo

jolli1 [7]

Answer:

$32.20

Explanation:

The computation of the value of the stock is shown below:

Dividend per share = $3

The Required rate of return = 15%

Return on equity = 13%

Dividend payout ratio = 60%

Based on the above information,

First we have to determine the growth rate which is

Growth rate = (1 - Div Payout ratio) × ROE

= (1 - 60%) × 13%

= 5.20%

Now the value of the stock is determined by using the Gordon model

= Last year dividend × (1 + growth rate) ÷ (Required rate of return - growth rate)

= $3 × (1 + 5.20%) ÷ (15% - 5.20%)

= $32.20

3 0

3 years ago