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3 years ago

Variable Fixed Output Marginal Total Total Marginal cost

Business

1 answer:

allsm [11]3 years ago

8 0

Answer:

The average total cost of producing 60 units of output is:

b. $21.67

Explanation:

a) Data and Calculations:

Variable Fixed Output Marginal Physical Total Total Marginal

Input Input Product of Variable fixed variable Cost

input cost cost

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)

The total cost of producing 60 units of output = $1,300 ($500 + $800)

Average total cost of producing 60 units of output = $21.67 ($1,300/60)

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Solution and Explanation:

Date Particulars Post ref. Debit ($) Credit ($)

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3 years ago

Suppose two companies own adjacent oil fields. Under the two fields is a common pool of oil worth $60 million. For each well tha

AlekseyPX

Answer:

Each company drills two wells and experiences a profit of $22 million.

Explanation:

If each company acts independently and drills two oil wells each they will have a total of 4 wells each worth (60 million ÷ 4= $15 million.

Each company will have two oil wells which equals (2* 15 million = $30 million)

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3 years ago

Pulaski Plumbing Supply is planning to bring a new type of valve to market and is conducting a break-even analysis. For this ana

vekshin1

Answer:

break-even point (BEP) = 25,000 items

Explanation:

given data

Selling price = $2.50

Fixed costs = $10,000

Variable cost = $2.10

solution

we know that Revenue is sum of Fixed costs and variable costs

so we use here contribution margin method that is

Contribution margin = $ 2.50 - $ 2.10

Contribution margin = $ 0.4

break-even point (BEP) for the valve is here

break-even point (BEP) = fixed cost ÷ Contribution margin ...................1

put here value

break-even point (BEP) = $\frac{10000}{0.4}$

break-even point (BEP) = 25,000 items

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3 years ago

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WITCHER [35]

Answer:

I believe that referring to the employee as a subordinate can negatively affect the employee's motivation levels.

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