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seropon [69]
3 years ago
5

A firm produces 400 units of output at a total cost of $1,200. If total variable costs are $1,000, Group of answer choices avera

ge total cost is $2.50. average fixed cost is 50 cents. average variable cost is $2. average total cost is 50 cents.
Business
1 answer:
jasenka [17]3 years ago
5 0

Answer:

The true answer:

average fixed cost is 50 cents

Explanation:

The firm produces 400 units of output at a total cost of $1,200.

Average total cost = $1,200/400 = $3.00

Total variable costs are $1,000, total fixed cost = Total cost - total variable costs = $1,200 - $1,000 = $200

Average variable cost = $1,000/400 = $2.50

Average fixed cost = $200/400 = $0.50 (50 cents)

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Weighted shortest job first gives preference to jobs with which two characteristics? (choose two. )
Oksanka [162]

Weighted Shortest Job First gives preference to jobs with characteristics such as, first, the size of the project (smaller is better) Second, the value of the project (higher is better).

In order to determine a relative ranking, Weighted Shortest Job First (WSJF) uses a technique for assigning a weight, or value, to each job, and then by dividing that by the length of the job. It also gives preference to jobs with characteristics such as the size and value for a project.

Weighted Shortest Job First is a prioritization model used to sequence jobs eg., capabilities, features, and epics in order to produce maximum economic benefit.

Hence, WSJF prefers such characteristics.

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brainly.com/question/14546345

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5 0
2 years ago
Factory X manufactures steam cleaners for engines and has a high level of sales variability. The units sell for $3,200 each but
Scilla [17]

Answer:

a. Some examples of fixed costs are; Insurance, utility charges, and Rent.

b. Variable cost=$1,280

c. Fixed costs=$1,000,000

d. Break-even level of units=521 units

e. Break-even level of sales=$1,667,200

Explanation:

a.

Fixed costs are the expenses that do not change with the level of output, while the variable costs depend on the amount of output produced. The fixed costs typically stay the same with the production levels. The variable costs on the other hand change as the production changes.

Some examples of fixed costs in a typical manufacturing plant are;

1. Insurance

2. Utility charges

3. Rent

4. Property taxes

b.

The variable costs are the Material and labor costs, since a higher or a lower level of output will affect the quantity of materials and labor needed. Thus their costs change with the output.

Variable cost=material cost+labor costs=$1,280

c.

The fixed costs=$1,000,000 since they don't vary with the sales. Sales is a direct function of the output.

d. The break even point is the point at which the Revenue from sales equal the costs. This can be expressed as;

Revenue=price per unit×number of units sold

where;

price per unit=$3,200

number of units sold=n

replacing;

Revenue=3,200×n=3,200 n

Total cost=fixed cost+(cost per unit×number of units)

fixed cost=$1,000,000

cost per unit=$1,280

number of units=n

replacing;

Total costs=1,000,000+(1,280×n)=1,280 n+1,000,000

Since at break-even point, revenue equals cost;

3,200 n=1,280 n+1,000,000

3,200 n-1,280 n=1,000,000

1,920 n=1,000,000

n=1,000,000/1,920

n=520.83

n=521

Number of units is approximately 521 at break-even

Break-even level of units=521 units

e.

Break-even sales=price per unit×break-even level of units

where;

price per unit=$3,200

break-even level of units=521 units

replacing;

Break-even level of sales=3,200×521=$1,667,200

4 0
3 years ago
For business combinations involving less than 100 percent ownership, the acquirer recognizes and measures all of the following a
Mariana [72]

Answer:

b. Liabilities assumed, at book value.

Explanation:

International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) require everything (Assets, Liabilities and Non-controlling interest) to be measured at the fair market value, the amount a third-party would pay on the open market, at the time of acquisition — the date that the acquirer took control of the target company.

3 0
3 years ago
The information systems of several firms have been compromised by insiders that can include contract employees, cleaning staff,
ch4aika [34]

Answer:

True

<h3>What is an Information system?</h3>
  • An Information System (IS) is a set of interrelated components that work together to collect, process, store, and disseminate information to support decision-making.
  • They also support the coordination, supervision, analysis, and visualization of an organization.

To learn more about it,  refer

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7 0
1 year ago
You've collected the following information about a company: Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Ma
professor190 [17]

Answer:

The answer is "$228,000"

Explanation:

Formula:

\text{Total Assets = Current Assets + Fixed Assets}

                    = [\$ 13,000 + \$ 2,000 + \$ 4,000 + \$ 95,000] + [\$ 34,000 + \$ 80,000]\\\\= [\$ 114,000] + [\$ 114,000]\\\\= \$ 228,000

8 0
3 years ago
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