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Tatiana [17]
3 years ago
13

A business produces 10 units of output. Its average variable cost (AVC) = $25, average fixed cost (AFC) = $5, and marginal cost

(MC) = $30. The firm's average total cost (ATC) is ________.
Business
1 answer:
kramer3 years ago
6 0

Answer: $30

Explanation:

Given that,

Average variable cost (AVC) = $25

Average fixed cost (AFC) = $5

Marginal cost (MC) = $30

Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)

                                          = $5 + $25

                                          = $30

Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.

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Mary is introduced to three new people at a party. Later, however, she cannot remember the names of any of her new acquaintances
MissTica

Answer:

She never encoded the names into long-term memory is the correct answer.

Explanation:

7 0
3 years ago
A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5
USPshnik [31]

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

Explanation:

The given is,

          Total units produced in a month

                                 = 940 unit per month

          Time for each unit

                                 = 3.5 unit per hour

               Labor rate = $15 per hour

Step:1

           Total Labor working hours for 940 units,

                                  = Total units × Time for each unit

                                  = 940 × 3.5

                                  = 3290 hours

Step:2

           Labor cost total working hours

                                 = Total Labor working hours × Labor cost per hour

                                 = 3290 × 15

                                 = $ 49350

Result:

         The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

5 0
3 years ago
will pay an annual dividend of $2.25 per share next year. The company just announced that future dividends will be increasing by
snow_tiger [21]

Answer:

= $19.57

Explanation:

Price of the stock (P0) = Div1 / (r-g)

Div1 = next year's dividend = $2.25

r = required return = 12.25% or 0.1225 as a decimal

g = growth rate = 0.75% or 0.0075 as a decimal

Next, plug in the numbers to the formula;

Price (P0) = 2.25/ (0.1225 -0.0075)

Price (P0) = 2.25 / 0.115

= $19.57

5 0
3 years ago
At June 1, 2018, Coquehcot Industries had an accounts receivable balance of $12,000. During the month, the company performed cre
Nimfa-mama [501]

Answer:

At the end of the period, account receivable balance shall be $20,000

Explanation:

Account receivable is an account to register credit sale. It is an asset account and is increased with a debit entry.

In this example, opening balance is $12,000.

Credit sale for the month                    $30,000

less collections received                    $22,000

        Closing  Balance                    : $20,000

4 0
3 years ago
You are planning to save for retirement over the next 30 years. To save for retirement, you will invest $800 per month in a stoc
Svetach [21]

Answer:

Ans. You withdraw each month from your account, for 300 months (25 years) $1,118.03 taking into account the expected inflation rate.

Explanation:

Hi, ok, first, we need to find out how much money will you have after saving in both accounts for 30 years, for that, we need to use the following equation and solve for FV (future value).

FV=\frac{A((1+r)^{n}-1) }{r}

Where, A is the amount saved in the account, r is the interest rate that it pays, n are the yearly equal payments, in our case 30. Everything should look like this in the case of the stock account.

FV=\frac{800((1+0.11)^{30}-1) }{0.11} = 159,216.70

In the case of the bond account it should look like this.

FV=\frac{400((1+0.07)^{30}-1) }{0.07} =  37,784.31

This means that after 30 years you will have $197,001.02

Now, we need to find the amount of monthly withdraw that you can make given the money saved, but in order to take into account the time value of money, we need to use the real rate of return and not the nominal rate of return (9%, when you gather all your money and send it to another acoount). Therefore, we have to find out the real rate of return, like this.

Real(r)=\frac{[1+Nominal(r)]}{[1+Inflation(r)]} -1=\frac{(1+0.09)}{(1+0.04)} -1=0.0481

This is 4.81% effective annual rate, but we need this rate to be effective monthly, that is:

r(monthly)=(1+r(annual))^{\frac{1}{12} } -1=(1+0.0481)^{\frac{1}{12} } -1=0.0039

That is 0.39% effective monthly, and we have to use the following equation with n=300 months, r=0.0039, PV= $197,001.02 and solve for A.

PV=\frac{A((1+r)^{n} -1)}{r(1+r)^{n} } =\frac{A(2.234662443)}{0.012682296} =A(176.2032975)

197,001.02=A(176.2032975)

A=1,118.03

Best of luck

7 0
3 years ago
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