1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stich3 [128]
3 years ago
7

​Mcleod, Inc. incurred fixed costs of $ 400 comma 000. Total​ costs, both fixed and​ variable, are $ 450 comma 000 when 59 comma

000 units are produced. It sold 30 comma 000 units during the year. Calculate the variable cost per unit.​ (Round your answer to the nearest​ cent.)
Business
1 answer:
shtirl [24]3 years ago
8 0

Answer:

Unitary variable cost= $1.72

Explanation:

Giving the following information:

Mcleod, Inc. incurred fixed costs of $400,000.

Total​ costs= $450,000

Units produced= 59,000

First, we need to calculate the total variable cost:

Total variable cost= total cost - total fixed cost

Total variable cost= 450,000 - 400,000

Total variable cost= 50,000

Now, the unitary variable cost:

unitary variable cost= 50,000/29,000

unitary variable cost= $1.72

You might be interested in
If a firm enjoys economies of scale up to a certain output​ level, and cost then increases proportionally with​ output, what can
Len [333]

Answer:

D. decreases initially and then is horizontal.

Explanation:

A horizontal long run average cost curve reflects increase in cost proportionate to output, so the firm's long run average cost curve will fall initially and then become horizontal.

8 0
2 years ago
Why is it important for businesses to understand the role of economics?
MrRa [10]

Answer:

Business economics often handles the analysis of various costs that business firms incur. Every business always desires to minimize their costs and maximize its profits by embracing different economies of scale. Nonetheless, the firms fail to determine exact costs that are involved in the production process.

6 0
3 years ago
For each of the following independent manufacturing situations,indicate whether job-order or process costing is more appropriate
andreyandreev [35.5K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
An account that generates interest income on the available balance in the account.
o-na [289]

An interest-bearing account is an account that generates interest income on the available balance in the account.

What is an interest-bearing account?

An interest-bearing account computes interest based on the balance outstanding on the loan or investment account, for instance, a monthly compounding deposit account where the interest paid on the account on monthly basis on the available balance before interest computation.

There also non interest-bearing account which only promises a particular amount when the deposit or investment account matures rather than paying on the balance.

Find out more about interest-bearing account on:brainly.com/question/11484066

#SPJ1

5 0
1 year ago
What is the standard deviation of a portfolio's returns if the mean return is 15%, the variance of returns is 184, and there are
masya89 [10]

In the problem, the given data is the mean and the variance. Now to solve this problem, we must remember that the formula for variance is:

Variance = s^2

Where s is equivalent to the standard deviation, therefore:

s = sqrt (Variance)

Calculating for the value of the standard deviation given Variance = 184:

s = sqrt  (184)

s = 13.56 %                          (ANSWER)

7 0
3 years ago
Other questions:
  • Question 1 A firm sold goods for $50,000. $10,000 was paid in cash, and the remaining $40,000 was assigned to a customer’s credi
    13·1 answer
  • Why do Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands?
    9·1 answer
  • Affirmative action is a policy of giving preference to those who _____.
    15·2 answers
  • If you bought a home that cost $100,000, it is currently worth $200,000, and you still owe $50,000 on it, how much equity do you
    14·1 answer
  • Teach for america works to solve which societal problem
    10·1 answer
  • Which of the following is not a ratio to assess a firm's liquidity?a. Current Ratiob. Debt ratioc. Quick Ratiod. All of the abov
    15·1 answer
  • _______ are items owed to a creditor. ________ are items owned by a company. ________ represents owners' claims to company resou
    15·1 answer
  • Explain why a single commercial bank can safely lend only an amount equal to its excess reserves but the commercial banking syst
    6·1 answer
  • Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts receivable and allowance fo
    11·1 answer
  • What are two primary opportunities in safe for driving relentless improvement?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!