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Travka [436]
3 years ago
8

There is a fixed cost of $50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. T

he revenue per unit is projected to be $45. a. Write an expression for total cost. b.
Business
1 answer:
dsp733 years ago
4 0

Answer:

$50,000 + $25x

Explanation:

Given that,

Fixed cost to start a production process = $50,000

Variable cost per unit = $25

Revenue per unit is projected to be $45

Therefore,

Let the number of units produced be x,

The total cost function is as follows:

Total cost = Fixed cost + Variable cost

                 = $50,000 + (Variable cost per unit × Number of units)

                 = $50,000 + $25x

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Answer:

The statement is: True.

Explanation:

Being a manager implies handling groups of people with diverse cultures, experiences, and personalities. To perform a proficient work, executives should have a well-defined method of working but be able to adapt it according to their subordinates and the situation the firm is facing. In some cases, their ego will have to be left behind to reach the company's goals.

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All of the following statements related to preparation of the statement of cash flows under U.S. GAAP and IFRS are true except:
iVinArrow [24]

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Assume that because of a new law, the types of significant transactions a partnership engages in are no longer lawful. two of th
hammer [34]
No thsy will have to sell their share
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3 years ago
Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house
aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars                                                     Amount            Amount

Opening Inventory Of Materials                  $4,000

Add: The Purchase of Direct Materials       $<u>25,600</u>

Direct Material available                               $29,600

Subtract: Closing Inventory of materials    <u>   ($2600)</u>

The Direct Material Used for the year                                $27,000

Add:

Direct Labour Cost                                          $472,500

Variable Overhead Cost                                    $15,000

Fixed Overhead cost                                          $18,000

                                                                                               $505,500

The Cost of Services of HHH Inc                                          $532,500

7 0
3 years ago
Using both the supply and demand for bonds and liquidity preference framework, show how interest rate are affected when the risk
nignag [31]

Answer:

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