Tim and Tammy are updating their financial plan and are concerned that they might not have enough life insurance coverage for th
1 answer:
You might be interested in
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 = ...................2
Average Total Cost = = $30
Average Total Cost = $30
Answer:
c. $5.1 per hour.
Explanation:
Estimated Manufacturing overhead = $249,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $249,000 / 50,000
Predetermined overhead Rate = $4.98
The given is inconsistent with the options given in this question. A similar question is attached with this answer. The following answer is made according to the attached question. please find that.
Estimated Manufacturing overhead = $254,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $254,000 / 50,000
Predetermined overhead Rate = $5.08 = $5.1 per hour
