Answer:
$415
Explanation:
The computation of the total manufacturing cost per unit is shown below:-
Total manufacturing cost per unit = Direct material + Direct labor + Manufacturing overhead + Fixed manufacturing overhead
= $240 + $100 + $80 + ($370,500 ÷ 1,900)
= $40 + $100 + $80 + $195
= $415
SO, we have applied the above formula.
The average cost is known as unit cost. It is equal to total cost divided by the number of goods produced. If Average variable costs are increasing while average total costs are decreasing, then marginal cost must lie between average variable and average total costs.
- The Marginal cost of an item is simply known as the increase in cost that accompanies a unit increase in output.
The relationship that exist between Average total costs and Marginal cost is that:
- When there is a decrease in average cost, the marginal cost is then less than the average cost.
- When the average cost increases, the marginal cost will then be greater than the average cost.
- When the average cost remains unchanged (is at a minimum or maximum), the marginal cost is equals the average cost.
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Answer:
Et cetera is ur answer for this question
Because saudi arabia and australia have <u>absolute advantage</u>, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
<h3>What is government?</h3>
Government can be defined as a group of people with the authority to govern a country.
So therefore, because saudi arabia and australia have absolute advantage, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
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