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Arturiano [62]
2 years ago
10

At Medallion Industries, variable cost per unit is budgeted to be $8.00 and fixed cost per unit is budgeted to be $5.00 in a per

iod when 4,000 units are produced. What is the expected total cost of the units produced at Medallion, if instead, production is actually 5,100 units
Business
1 answer:
natka813 [3]2 years ago
6 0

Answer:

Total cost= $60,800

Explanation:

Giving the following information:

For 4,000 units:

Unitary variable cost= $8

Unitary fixed cost= $5

<u>First, we need to calculate the total fixed cost:</u>

Total fixed cost= 5*4,000= $20,000

<u>Now, we can determine the total cost for 5,100 units:</u>

Total cost= 5,100*8 + 20,000

Total cost= $60,800

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3 years ago
Let's say you are ordering food for your wedding reception, and you sent out 150 invitations. Everyone RSVP'd, with120 people sa
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The number of meals to order for a 99% service level is 121 meals.

<h3>What is the service level?</h3>

The service level is the percentage of services that can be provided to guests or customers on a given occasion or within a given period.

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<h3>Data and Calculations:</h3>

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Expected number of meals to serve = 100

The safety level of meals to serve = 110

The estimated service level at 110 meals = 90%

The Fiancé's estimated service level to attain = 99%

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Thus, the meals that you should order for a 99% service level is 121 meals.

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