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sveta [45]
3 years ago
14

A company that manufactures bicycles has a fixed cost of ​$90000. It costs ​$100 to produce each bicycle. The total cost for the

company is the sum of its fixed cost and variable costs. Write the total​ cost, C, as a function of the number of bicycles​ produced, x.​ Then, find and interpret ​C(110​).
Business
1 answer:
Paul [167]3 years ago
4 0

Solution:

The total cost for the company is the sum of its fixed cost and variable costs.

Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.

Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.

C(x) = 90000 + 100x

C(110) = 90000 + 100 ( 110 )

C(110) = 90,000 + 11, 000 = 101,000

It costs $101,000 to produce 110 bicycles.

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.
nasty-shy [4]

Answer:

$3,340

Explanation:

Step 1  : Determine the Depreciation rate

<em>Depreciation rate = Cost - Salvage Value ÷ Estimated Units</em>

Depreciation rate = $0.10

Step 2 : Depreciation Expense

<em>Depreciation Expense = Depreciation rate x units produced</em>

Depreciation Expense = $3,340

Therefore,

the machine's second-year depreciation using the units-of-production method is $3,340

4 0
3 years ago
_____ advertising is done by local merchants to encourage consumers to shop at a specific store, use a local service, or patroni
ololo11 [35]

Answer:

The correct answer is letter "D": Retail.

Explanation:

Retail advertising is developed by retailers to attract consumers to their local stores. This type of marketing may not be necessarily focused on the product features but how they are sold, meaning in bundles or at discount. It is the final merchandising made to products before they reach end-consumers.

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3 years ago
In today's business environment, companies have to find ways to remain profitable by coping with increased competition and rapid
eimsori [14]

Answer:

<u>Greater</u>

Explanation:

  • However, as the organizations come in different types of divisions of levels in organizations like the First middle and top level of management. thus the managers are classified as hierarchical structures, like a matrix of structure like the horizontal, vertical and diagonal.
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7 0
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The workout is also referred to as the _____________ phase of a training session.
Ber [7]
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5 0
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true or false and then EXPLAIN why. Assume the economy produces five goods. If the prices of three of the goods increase, then t
Ipatiy [6.2K]

Answer:

The correct answer is False.

Explanation:

The prices of goods and services are fundamentally determined by their demand and supply. When they increase or decrease, it is because one of these two variables has led to a change. Specifically, an increase in prices occurs especially for three reasons.

Case 1: Supply is maintained and demand increases :

In this situation, companies continue to offer the same amount of a good or service, but we all buy more of them. This can happen for many reasons, among them, an increase in the population (there are more people and more traffic jams and more bikes are sold for circulation on the urban road), it becomes somewhat fashionable, our incomes increase, etc.

It can also happen that the price of a substitute rises (goods that give us exactly the same, such as orange soft drinks of one brand or another). If the price of brand X increases, the demand for brand Y will surely increase, since it will cover the same need at a lower price.

Case 2: Supply falls and demand remains :

A reduction in the supply of companies will make it more expensive. It can happen for a wide range of reasons: from the number of companies with these offers decreasing until the technology of some firms becomes outdated and only a few remain on the market. It may also happen that the price of inputs increases and that manufacturers cannot produce the same quantity as before due to this increase in price.

Case 3: Supply falls and demand increases :

In this case, a ‘mix’ of the phenomena that we have seen previously would take place. However, there are other more specific variables that cause prices to vary. For example, on occasion, governments artificially increase their monetary base. In other words, they use the strategy of manufacturing and issuing money, with more money in circulation than an economy really needs.

8 0
3 years ago
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