Answer:
Total cost= $984.62
Explanation:
Giving the following information:
Fixed cost= $460
Unitary variable cost= $0.34 per mile
Miles driven= 1,534
<u>First, we need to establish the total cost formula:</u>
<u></u>
Total cost= fixed cost + unitary variable cost*number of units
Total cost= 460 + 0.34*x
x= number of miles
<u>Now, the total cost for the month:</u>
Total cost= 460 + 0.34*1,543
Total cost= $984.62
Answer:
$19,300
Explanation:
Calculation to determine the amount of job costs added to Work in Process Inventory during October
Using this formula
October Job costs=Raw material+Direct labour+Overhead
Let plug in the formula
October Job costs=$2,200+$5,700+($5,700*2)
October Job costs=$2,200+$5,700+$11,400
October Job costs=$19,300
Therefore the amount of job costs added to Work in Process Inventory during October is $19,300
Thirty five percent of the worlds commercial energy is produced by coal
Answer:
Monthly payments = $1,234.54
Explanation:
given data
Future value = $1,000,000
time = 25 year = 25 × 12 = 300 months
rate = 7 % annual = 
= 0.5833% monthly
to find out
Monthly payments
solution
we will apply here future value formula that is express as
Future value = Monthly payments × 
..........1
put here value we get
Future value = Monthly payments ×
1,000,000 = Monthly payments × 
solve it we get
Monthly payments = $1,234.54
Answer:
There are 52 dollars increase on marginal cost when production rises
There are 58000 dollars increase on total cost when production rises
Explanation:
Please find attached word file with the calculations.
