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Maksim231197 [3]
3 years ago
8

________ are the per-unit costs of production that will fluctuate depending on how many units or individual products a firm prod

uces. fixed costs variable costs average fixed costs marginal costs everyday costs
Business
1 answer:
postnew [5]3 years ago
3 0
Variable costs are the per-unit costs....
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A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television
kotykmax [81]

Answer:

D. Economic value created.    

Explanation:

The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.

Following is the formula for calculation of economic value created:

Economic Value Created = Value customer willing to pay   -  Cost of product

Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:

Economic Value Created = $600 - $400 = $200

So the correct option is option D.

5 0
3 years ago
Vijay Company reports the following information regarding its production costs. Direct materials $ 10 per unit Direct labor $ 20
kirill115 [55]

Answer:

Unitary variable cost= $40

Total variable cost= $800,000

Explanation:

Giving the following information:

Direct materials $ 10 per unit

Direct labor $ 20 per unit

Overhead costs for the year Variable overhead $ 10 per unit

Fixed overhead $ 160,000

Units produced 20,000 units

Unitary variable cost= direct material + direct labor + manufacturing overhead= 10 + 20 + 10= $40

Total variable cost= 20000units* 40= $800,000

7 0
3 years ago
Read 2 more answers
A. the repairs do not extend beyond the damage suffered.
TEA [102]
It would be c. hope that helps
5 0
2 years ago
Which of the following would be an advantage of engaging in international
lbvjy [14]

Answer:

B. Larger growth opportunities based on market size

Explanation:

Took the test and guessed it correctly

4 0
3 years ago
What is the difference between the conditions of secured and unsecured loans?
jek_recluse [69]

Answer:

if you are approved for a secured loan, a lender will put a lien on an asset until the loan is paid off. An unsecured personal loan, by contrast, does not require any collateral. Examples of unsecured loans can include credit cards, student loans, unsecured personal loans, and unsecured personal lines of credit.

4 0
2 years ago
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