Answer:
The variable cost per unit is $1.54
Explanation:
Variable costs are those cost which vary with the change in production of units means higher the production higher cost and lower production will result in lower cost e.g Material cost, labor cost etc.
On the other hand fixed cost the cost which does not vary with the production of units. It is fixed no matter what is the level of production.
According to given data:
Total Cost = $500,000
Fixed Cost = $260,000
Variable cost = Total cost - fixed cost
Variable cost = $500,000 $260,000
Variable cost = $240,000
Number of units = 156,000
Variable cost per unit = $240,000 / 156,000 = $1.54 per unit
Capital gains representative select industrial
Answer:
$120
Explanation:
The computation of the cost is shown below:
= Cost per month flat for 1,000 units + extra cost if exceeded 1,000 minutes
where,
Cost per month flat for 1,000 units = $50
And, the extra cost is
= $0.35 × 200 minutes
= $70
So, the total cost is
= $50 + $70
= $120
The 200 minutes is come from
= 1,200 minutes - 1,000 minutes
States dont collect income tax the government does so B
Answer:
The answer is comparative advantage.
Explanation:
Comparative advantage is when a country is able to produce goods and services at a lower opportunity cost than its trading partners. That means a labour can produce more goods per hour than a labour in its trading partner's country.
A country with a comparative advantage will be able to charge lower price for what she is specialising on.
