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Neporo4naja [7]
3 years ago
6

Suppose that a firm produces 10 units of output. Its Average Variable Cost (AVC) = $25, Average Fixed Cost (AFC) = $5, and Margi

nal Cost (MC) = $30. The firm's ________.
a.) Total cost is $300

b.)Average total cost (ATC) is $60

c.) Average total cost (ATC) is $35

d.)Total cost is $30
Business
1 answer:
Andreyy893 years ago
3 0

Answer:

Total Cost  = $300

Average Total Cost = $30  

correct option is a.) Total cost is $300

Explanation:

given data

produces output = 10 units

Marginal Cost = $30

Average Variable Cost = $25

Average Fixed Cost = $5

solution

first we get here total cost that is

Total Cost = Total Variable Cost + Total Fixed Cost    .................................1

so here Total Variable Cost = Average Variable Cost × Output    

Total Variable Cost = $25 ×  10

Total Variable Cost =  $250

and total fix cost is = Average Fixed Cost × Output

total fix cost = $5 × 10 =

total fix cost = $50

so Total Cost is here

Total Cost  = $250 + $50

Total Cost  = $300

A) is correct

and

Average Total Cost will be

Average Total Cost = \frac{total\ cost}{out\ put}    ...................2

Average Total Cost = \frac{300}{10} = $30

Average Total Cost = $30  

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Answer: Other Engineers.

Explanation:

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3 years ago
When the average product of labor is decreasing​, the average product of labor is ▼ the marginal product of​ labor, and when the
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<u>When the average product of labor is decreasing​, the marginal  product of labor is less than average product of the labor.</u>

Explanation:

whenever the marginal product of labor is greater than the average product of labor the average product of labor must be increasing.

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3 years ago
During April, the production department of a process manufacturing system completed a number of units of a product and transferr
den301095 [7]

Answer:

Using the weighted-average method, compute the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output.

Cost per equivalent unit

Material    

$2,35  

Conversion  

$1,93  

TOTAL Cost per equivalent unit  

Material  

$968.840  

Conversion  

$697.890  

TOTAL

$1.666.730  

Explanation:

                                                                    Material    Conversion  

Units transferred to the next department    320,000   320,000  

Materials  90%                                                       102,000   91,800  

Conversion Cost 40%                                        102,000    40,800

Equivalents Units Production                         411,800    360,800

Cost of beginning work in process inventory $ 118.472 $ 48.594

Costs added during the period                     $ 850.368 $ 649.296

TOTAL COST                                             $ 968.840 $ 697.890

Equivalents Units Production                      411.800    360.800

Cost per equivalent unit                                  $2,35        $1,93  

Units completed and transferred out:          

Equivalent units of production (a)    411.800   360.800  

Cost per equivalent unit                 $968.840   $697.890                     $1.666.730  

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Detailed solution is given in tabular form below:

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3 years ago
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Answer:

It's A.

Explanation:

Can i please have brainlest.

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