Jonathan gets paid an annual gross salary of $72,000 at his job. He spends $4,000 a year due to a medical condition. (Remember,
2 answers:
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Answer:
Total Cost is the cost that is fixed and does not vary directly with the level of output. According to this question typesetting, printing, editing, reviews, promotion, and advertising are fixed costs. The total fixed cost here is $100000.
Total Variable Cost is the costs that vary directly with the level of output. Variable costs are incurred on variable factors. The Total Variable Cost here is $49000.
Marginal cost is addition to the total cost when one more unit of output is produced.
<u>EQUATIONS </u>
TC = 100000 + 4.9Q
ATC = 100000 + 4.9Q / Q
AVQ = 4.9Q / Q
MC = Change in Total Cost / Change in Quantity = 4.9
<u>GRAPH</u>
Is attached as picture.
Conclusion: The AVC and MC both are equal to 4.9.
<u>Solution and Explanation:</u>
<u>Calculation of Elucid’s cost of recovery deduction for the year 2019 and 2020 </u>
Cost of recovery deduction for 2019 = Assets value * depreciation rate for the first year
( it has calculated by using MACR table)
= $ 25221.85
Therefore, the cost of recovery of deduction in 2019 is $25221.85
<u>Cost of recovery deduction for 2020 = Assets value * depreciation rate for the first year </u>
( it has calculated by using MACR table)
= $42871.85
Therefore, the cost of recovery of deduction in 2020 is $42871.85