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
mylen [45]
3 years ago
9

Variable Input Fixed Input Output Marginal Physical Product of Variable Input Total Fixed Cost Total Variable Cost Marginal Cost

(units) (units) (units) (units) (dollars) (dollars) (dollars) 0 1 0 $500 $0 1 1 10 (A) $500 $200 (F) 2 1 25 (B) $500 $400 (G) 3 1 45 (C) $500 $600 (H) 4 1 60 (D) $500 $800 (I) 5 1 70 (E) $500 $1000 (J) Refer to Exhibit 21-3. What is the average total cost of producing 60 units of output

Business
1 answer:
weqwewe [10]3 years ago
7 0

Answer:

$21.67

Explanation:

Exhibit 21-3 is attached with the answer .Please find it.

Total cost of production includes the fixed cost and variable cost. Fixed Cost remains constant as $500 in the exhibit, but the variable cost changes with each production level.

Cost of producing 60 units

Variable cost = $800

Fixed cost = $500

Total cost = $800+500 = $1,300

Product cost per unit = Total cost / numbers of unit = $1,300 / 60 = $21.67

You might be interested in
If Joey joins the military, he can learn different skills that could be useful in his later career.
ella [17]

Answer:

The answer is A. This statement is true.

4 0
3 years ago
Read 2 more answers
Seo Yeon is a paid intern working for a small team of four software developers. Each member of the team is facing different dead
____ [38]

Answer: B. Seo Yeon should set up an internal market, allocating 10 hours per week to each team member and allowing them to trade hours among themselves over the course of a month.

Explanation:

From the options given in the question, the solution that is likely to best allocate her time between the four team members will be option B "Seo Yeon should set up an internal market, allocating 10 hours per week to each team member and allowing them to trade hours among themselves over the course of a month".

Since the teams have different deadlines, she should allocate her time equally to the four teams and help them out based on their deadlines as those with nearer deadlines should be helped first. We should also note that she shouldn't allocate the whole 40 hours to a particular team as that's not fair and can bring about disunity.

8 0
3 years ago
Harper acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2014, for $243,700 in cash. The book
KonstantinChe [14]
One of the steps in solving this problem is this one:

As we know as shown above, the joournal entry for 2014 and 2015 will include the investment balance, increases and decreases to equity and intra-entity profits realized and deferred. Also the balance of the acquisition needs to be calculated.

Calculation of the book value of the purchase made as the book value of Company K times percent purchased:

400,000 * 0.40 = 160,000

Then, calculate the difference in the acquisition and the book value of the purchase:

210,000 - 160,000 = 50,000
5 0
4 years ago
Over the years Cadillac has become to be thought of as “your grandparent’s car.” The new Cadillac ads showing a beautiful young
ale4655 [162]

Answer:

(B) reposition

Explanation:

Cadillac's image is being repositioned on the existing market; the brand's reposition occurs when a product needs to increase its scope in the market or improve its position in the top of mind. The reposition includes marketing tactics to recover its recognition in the market and retake its market participation.

7 0
3 years ago
The process begins when a customer steps into line and ends when the customer receives the receipt and leaves the store. The pro
Leona [35]

Answer:

Business process

Explanation:

Business processis defined as a set of related and structured activities by people that involves a specific sequence that is aimed at producing a product or service.

For Ecole receiving orders, processing invoices, shipping products, and setting a marketing budget.

Business processes are fine tuned over time to increase efficiency and productivity.

Business processes are standardised per business and they make them unique to give a competitive advantage.

7 0
3 years ago
Read 2 more answers
Other questions:
  • If the demand for clothing increases by 8% when income increases by 10%, the income elasticity of clothing, using one decimal pl
    5·1 answer
  • PLEASE TRY
    5·1 answer
  • Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. As
    14·1 answer
  • A. Analyze three decisions you made over the past six months. Which of these were programmed and which were nonprogrammed?
    6·1 answer
  • how would you respond to questions in a non aggresive and professional manner on a business plan to potential investors
    5·1 answer
  • _________ is the systematic study of a job’s tasks, duties, and responsibilities and the knowledge, skills, and abilities needed
    11·1 answer
  • What are the dangers associated with having a high national debt?
    11·2 answers
  • What is not a potential risk of purchasing a used car?a) used cars can require repairs soonerb) warranties can be very limitedc)
    10·1 answer
  • One positive impact that industrialization has had is that.
    7·1 answer
  • process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reas
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!