The appropriate labels for Curves N and M in the nearby graph is that the Curve N is total cost and Curve M is total variable cost.
<h3>Why is the curve as stated about?</h3>
Because a fixed cost is constant, this is not shown on the graph, however, the movement of the variable cost impacts directly on the total cost as well but it will be higher.
Hence, the appropriate labels for Curves N and M in the nearby graph is that the Curve N is total cost and Curve M is total variable cost.
Therefore, the Option C is correct.
Read more about total cost
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Right click the last data point and select "Set as Total"
<h3>What is accumulated total?</h3>
A running total stands for the summation of a sequence of numbers that exists updated each time a new number stands added to the sequence, by adding the value of the new number to the prior running total. Another term for it exists as a partial sum. The objectives of a running total exist twofold. Accumulated value, also directed to as accumulated amount or cash value, exists computed as the sum or total of the initial investment, plus interest earned to date.
A chart exists as a graphical representation for data visualization, in which "the data is described by symbols, such as lines in a bar chart, lines in a line chart, or slices in a pie chart". A chart can illustrate tabular numeric data, functions, or some types of quality structure and provides various info.
Right click the last data point and select "Set as Total".
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Innovation is the correct answer to this question.
Answer:
revenue we need to take in before breaking even = $1,250 × 8 = $10,000
Break-even units = 9
Explanation:
Data provided in the question:
Annual fixed cost = $10,000
Direct labor cost = $3.50 per package
Material cost = $4.50 per package
Selling price = $1,250
Now,
let the break-even units be 'x'
Thus,
total cost = $10,000 + $3.50x + $4.50x
or
total cost = $10,000 + $8x
also,
total revenue = $1,250x
now,
at break-even
total cost = Total revenue
or
$10,000 + $8x = $1,250x
or
$1250x - $8x = $10,000
or
$1,242x = $10,000
or
x = 8.05 ≈ 9 packages
at 9 packages, we have break-even revenue
Therefore,
revenue we need to take in before breaking even = $1,250 × 8 = $10,000
Yes. Roberey can include fake money.
