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
katrin [286]
3 years ago
11

For each level of output, calculate the variable cost (VC). For each level of output except zero output, calculate the average v

ariable cost (AVC), average total cost (ATC), and average fixed cost (AFC).
Qty of boats

Total Cost

Variable Costs

a.

Average Variable Costs

b.

Average Total Costs

c.

Average Fixed Cost

d.

0

$450,000

-

-

-

-

1

490,000

2

510,000

3

520,000

4

540,000

5

570,000

6

610,000

7

670,000

8

750,000

9

870,000

What is the minimum-cost output?
Business
1 answer:
Aleks [24]3 years ago
3 0

Answer:

Explanation:

QTY Total Cost Variable Cost AVC ATC AFC                                                                                                                                                                                                                                                          

0 $450,000 0 0 0 0                                                                                                                                                                                                                                                          

1 $490,000 $40,000 $40,000 $490,000 $450,000                                                                                                                                                                                                                                                          

2 $510,000 $60,000 $30,000 $225,000 $195,000                                                                                                                                                                                                                                                          

3 $520,000 $70,000 $23,333.33 $173,333.33 $150,000                                                                                                                                                                                                                                                          

4 $540,000 $90,000 $22,500 $135,000 $112,500                                                                                                                                                                                                                                                          

5 $570,000 $120,000 $24,000 $114,000 $90,000                                                                                                                                                                                                                                                          

6 $610,000 $160,000 $26,666.67 $101,666.67 $75,000                                                                                                                                                                                                                                                          

7 $670,000 $220,000 $31,428.57 $95,714.29 $64,285.72                                                                                                                                                                                                                                                          

8 $750,000 $300,000 $37,500 $93,750 $56,250                                                                                                                                                                                                                                                          

9 $870,000 $420,000 $46,666.67 $96,666.67 $50,000                                                                                                                                                                                                                                                          

Download xlsx
You might be interested in
Vashon, a manager at a marketing research firm, is trying to determine if his firm was acting ethically when it conducted its la
shutvik [7]
The step involves identification of ethical issues.
4 0
3 years ago
A Six sigma (6s) approach to quality focuses on preventing defects by using customer feedback to reduce variation and waste. Gro
andre [41]

Answer:

False

Explanation:

Six sigma is a tool used by organizations to improve their processes and reduce defects, to improve quality of their products or services.

<u><em>It focuses on reducing variation in the business processes (from manufacturing, sales, delivery, to customer service), to reduce defects and increase the quality of goods and services</em></u><em>.</em> <em>It also generally improves organizational performance and increases profit.</em>

Six sigma does NOT focus on customers feedback to reduce variation and waste.

3 0
3 years ago
Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. The face value
Katena32 [7]

Answer:

Price of treasury bill = $9,803.92

Explanation:

<em>The price of the treasury note would be the present value of the future receivable on maturity discounted at the rate of return of 2% per six-month.</em>

The formula is FV = PV × (1+r)^(n)

PV = Present Value- ?

FV - Future Value, - 10,000

n- number of years- 1/2

r- interest rate - 2%

PV = 10,000 × (1.02)^(-1)

PV = 9,803.92

Price of treasury bill = $9,803.92

5 0
3 years ago
When Anhueser Busch InBev sells Budweiser beer made in St. Louis, MO, to Germany, the sales of its product would be classified a
kvasek [131]

Answer:

Export.

Explanation:

When a company sells its assets to a buyer in another country it is considered an export as the company is no longer considered an asset of the country of origin.

So when Anhueser Busch InBev sold Budweiser beer made in St. Louis, MO, to Germany, it carried out a United States export to Germany.

6 0
3 years ago
Consumer protections related to the Internet and telecommunications and direct-mail fraud are covered under the Financial Practi
Elden [556K]
False, it is not protected
4 0
3 years ago
Other questions:
  • T or f a counteroffer does not terminate but continues an offer.
    9·1 answer
  • If shondra really wants to borrow alicia's shoes but she thinks she may refuse, the idea of the foot-in-the-door technique state
    14·1 answer
  • What takes place during pre-planning?
    8·1 answer
  • Oriole Family Instruments makes cellos. During the past year, the company made 6,630 cellos even though the budget planned for o
    7·1 answer
  • Consider a two-period model of a perfectly competitive firm that owns the rights to a finite deposit of a non-renewable resource
    15·1 answer
  • Define debt economics.​
    9·1 answer
  • A person decides to buy a book to read rather than buying a movie ticket. The movie ticket that the person has given up, is know
    11·1 answer
  • Calculate income elasticity of demand, if income increases from Br.10, 000 to Br. 20,000 and if income increases from Br.40, 000
    11·1 answer
  • determine which statement below about economics is true. economics studies decision-making processes. macroeconomics studies the
    7·1 answer
  • Gathering feature requirements from the customer about the new system primarily occurs during which sdlc phase?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!