Monday
April 21, 2014

Search: fixed cost, variable costs, and break-even point for the program

Number of results: 18,373

Microeconomics
Do a little research and then take a shot, what do you think? Hint a) fixed costs are costs the firm incurs regardless of the level of production/sales. Variable costs are directly related to the levelo of production/sales. Except for advertising, the cost listed are clearly ...
Thursday, February 26, 2009 at 5:12pm by economyst

Math
3. The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable or suppliers costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product ...
Wednesday, January 19, 2011 at 4:37pm by adb

math
The fixed costs of oreparting a business are the costs include rent, fixed salaries, and costs of buying machinery. The variable costs of operating a business are the costs that change with the level of ouput. Variable costs include raw materials, hourly wages, and electricity...
Friday, February 19, 2010 at 5:02am by liz

General Economics
• Businesses often decide between using automation and labor in production. An automotive environment may have high fixed costs and low variable costs, and an industry that utilizes manual labor for production will have low fixed costs and high variable costs. How would you ...
Wednesday, August 22, 2012 at 11:39am by Josh

Marketing
You did well on the fixed costs. Now remember your variable costs are often for supplies form a jobber, and he has fixed costs and variable costs. As your volume increases, you order more, so his fixed costs are spread across a higher volume, so he can give you "volume" ...
Wednesday, December 9, 2009 at 3:15pm by bobpursley

Accounting
Costs can be classified into two categories, fixed and variable costs. These costs behave differently based on the level of sales volumes. Suppose we are running a restaurant and have identified certain costs along with the number of annual units sold of 1000. Item: Raw ...
Tuesday, July 20, 2010 at 11:37am by Marie

economics
I would characterize payments to the subcontractors as variable costs, NOT fixed costs. Lease Payments and Overhead are definately fixed costs. I would count advertising as a fixed cost (as it was purchased at the start of the year). However, one could argue that advertising ...
Friday, October 5, 2007 at 1:20pm by economyst

economics
A firm has fixed costs of $30.00 and variable costs as indicated in the table below. Complete the table. Instructions: Round your answers so that you enter no more than 2 decimal places. Total Product Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average ...
Thursday, October 27, 2011 at 3:36pm by Anonymous

Economics
The accompanying table shows a car manufacturer’s total cost of producing cars: Qty |TC| Variable Costs| Avg. Var. Costs| Avg. Total Costs| Avg. Fixed Costs 0 |$500,000| ---- | ---- | ---- |---- | 1 |540,000 | 2 |560,000 | 3 |570,000 | 4 |590,000 | 5 |620,000 | 6 |660,000 | 7...
Wednesday, May 25, 2011 at 10:12pm by shay

ALGEBRA
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $300, and ...
Thursday, June 23, 2011 at 7:12pm by AMERICAN GIRL

algebra
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $300, and the...
Monday, April 19, 2010 at 10:45pm by John

ACC
someone help me with this questions please 1. How would the following costs be classified (product or period) under variable costing at a retail clothing store? Cost of purchasing clothing Sales commissions A) Product Product B) Product Period C) Period Product D) Period ...
Friday, November 16, 2007 at 6:15pm by matt

MANAGEMENT ACCOUNTING
COSTS CAN BE CLASSIFIED INTO TWO CATEGORIES FIXED AND VARIABLE COSTS THESE COST BEHAVE DIFFERENTLY BASED ON THE LEVEL OF VOLUME SUPPOSE WE ARE RUNNING A RESTAURANT AND HAVE IDENTIFIED CERTAIN COST ALONG WITH THE NUMBER OF ANNUAL UNIT SOLD OF 1000 TOTAL COST OF RAW MATERIAL ...
Wednesday, March 24, 2010 at 8:27pm by BONNIE

Economics
5. A firm's marginal cost of production is constant at $5 per unit, and its fixed costs are $20. Draw its total, average variable and average costs. Marginal Cost (MC): $5 per unit Fixed Cost (FC): $20 Total Cost (TC): $25 Average Variable Cost (AVC): $5 FC is always going to ...
Sunday, April 15, 2012 at 10:49pm by Daisy

accounting
If Alisha Maintenance manufacturing has: total maintenance cost of $2,785,000 total fixed maintenance cost of $310,000 total variable maintenance cost of $2,475,000 total maintenance cost per unit is $18.57 fixed maintenance cost per unite of $2.07 variable maintenance cost ...
Tuesday, April 15, 2014 at 4:59pm by Sue

Economics
If Alisha Maintenance manufacturing has: total maintenance cost of $2,785,000 total fixed maintenance cost of $310,000 total variable maintenance cost of $2,475,000 total maintenance cost per unit is $18.57 fixed maintenance cost per unite of $2.07 variable maintenance cost ...
Tuesday, April 15, 2014 at 5:00pm by Sue

Algebra
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $300, and the...
Monday, August 4, 2008 at 8:53am by Kris

algebra
The costs of doing business for a company can be found by adding fixed costs., such as rent, insurance, and wage, and variable costs, which are the costs to purchase product you are selling. The portion of the company's fixed costs allotted to this product is $600, and the ...
Tuesday, May 22, 2012 at 5:44pm by plz help

algebra
the costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company's fixed costs allotted to this product is $600, and the...
Tuesday, May 22, 2012 at 10:32pm by plz help

accounting
In addition, assume that Anheuser-Busch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 40% of selling, general and administration expenses. Assume that the remaining costs are fixed. For the following ...
Monday, October 28, 2013 at 10:51am by Anonymous

Financial Management
I need to know how to find the fixed cost and the variable cost along with the break even point using this information. During the sixth month of the fiscal year, the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again re-compute fixed ...
Monday, August 16, 2010 at 5:36pm by Sandi

FINANCIAL
Understanding the difference between fixed and variable costs, what area of a health care facility or physician practice do you think would have a greater amount of variable costs than fixed? What would you suggest to lower the fixed costs for the same area?
Friday, August 26, 2011 at 4:08pm by neice

Finance in Healthcare
Understanding the difference between fixed and variable costs, what area of a health care facility or physician practice do you think would have a greater amount of variable costs than fixed? What would you suggest to lower the fixed costs for the same area?
Thursday, September 22, 2011 at 12:58pm by Moon

marketing
1.A store has fixed costs of 80,000 and an avarage gross margin of 26%. Variable expenses are estimated to be 6% of sales. a.calculate the break-even sales volume. b.calculate the profit/losses for sales of 300,000 I got the formulas: unit contribution= price - variable costs ...
Tuesday, March 25, 2008 at 12:39am by bri

MAT 117 - ALGEBRA 2
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $195, and the...
Tuesday, July 26, 2011 at 6:43pm by Anonymous

ECONOMICS
suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC= 100+2Q+.01 Q2 A. WAT ARE THE FIXED COSTS OF THIS MANUFACTURE? B. WHAT ARE THE TOTAL COSTS , AVERAGE COST, AVERAGE VARIABLE COST AND MARGINAL COST AT 50 AND 100 UNITS OF OUTPUT? C. ...
Thursday, September 15, 2011 at 7:18am by AMAR JYOTI

Marketing
Explain why fixed and variable costs per unit decline as sales volume increases. Suppose a company had a variable cost/unit of $20 at a cumulative volume of 20,000 units. What would be their approximate variable cost per unit when they had produced 40,000 units? For example: ...
Wednesday, December 9, 2009 at 3:15pm by Charles

Managerial Economics
Plug 20 into your formula for total costs, then calculate average variable cost. Remember, the 100 in the total cost represents fixed costs.
Thursday, February 5, 2009 at 11:21pm by economyst

MTH302 - Business Mathematics & Statistics
· Determine Variable Unit Costs · · Determine the variable costs of producing one unit of this product that go into that product. Example: For making writing chalk, the cost of lime quick, Packing Bags/cartons are variable unit costs. Lime quick 1 kg = 20 (for 4 packs of ...
Tuesday, February 2, 2010 at 12:34pm by Farhan Srawar Chaudery

Microeconomics
First of all, you cannot have a positive marginal cost and zero variable costs. If MC=1000 per unit and is constant, then Average Variable cost (AVC) = 1000, and TVC = Q*1000. You need more information to calculate profit. Do you have total output? In which case you could ...
Tuesday, October 7, 2008 at 10:30am by economyst

math,algebra,help
Problem states: Business and finance. The cost of producing a number of items x is given by C = mx + b, in which b is the fixed cost and m is the variable cost (the cost of producing one more item). (a)If the fixed cost is $40 and the variable cost is $10, write the cost ...
Tuesday, January 16, 2007 at 10:50pm by jasmine20

Math
The demand for item A is P=40 -3.5Q The production of A entails the following average variable costs: AVC=1.5Q - 35 Fixed Costs are 24. a) Calculate the revenue maximizing price of A Revenue= PQ Revenue= 40Q-3.5Q^2 Revenue' = 40-7Q Q=40/7 P=40-3.5(40/7) P=20 seems right? b) ...
Monday, January 15, 2007 at 4:03pm by 413

Accounting
The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours @ $.80 per hour Variable overhead 3 hours @ $2.00 per hour Actual Costs Total variable...
Tuesday, July 23, 2013 at 2:02pm by Anonymous

accounting update( this right)
“Cost-volume-profit (CVP) analysis is based entirely on unit costs.” Do you agree? Explain. No I believe it is in both fixed and variable costs. Changes in activity are the only factors that affect costs.
Thursday, April 2, 2009 at 9:54pm by scooby9132002

Math
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (editing) and variable costs (printing). One time fixed cost will total $76,322. The variable costs will be $10 per book. The publisher will sell the finished ...
Friday, October 28, 2011 at 12:29am by Billy

Direct Labor: Variable or Fixed Cost?
Throughout the corporate world, businesses are transforming labor into a more flexible (and variable) cost. Among such companies are Hewlett-Packard, General Electric, DuPont, Sun Microsystems, and British Airways. Discuss whether direct labor is a fixed or a variable cost. ...
Thursday, November 18, 2010 at 1:24pm by George

Accounting
The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: StandardCosts Fixed overhead (based on 10,000 hours) 3 hours @ $.80 per hour Variable overhead3 hours @ $2.00 per hour Actual Costs Total variable ...
Sunday, July 28, 2013 at 6:39pm by Anonymous

business and finance
The cost of producing a number of items x is given by C=mx+b, inwhich b is the fixed cost and m is the variable cost (the cost of producing one more item). (a) If the fixed cost is $40 and the variable cost is $10, write the cost equation. Could someone help me please with ...
Thursday, March 29, 2007 at 6:23pm by cheryl

Economics - Theory of the Firm
If Average Variable Cost AVC = 10 + Q and P = 50. Find: Total Cost TC, Total Fixed Cost TFC, Total Variable Cost TVC, Average Total Cost ATC, Average Fixed Cost AFC
Monday, March 14, 2011 at 11:45am by Student55

accounting
"Harris Company manufactures and sells a single product. A partically completed schedule of the company's total and per unit cost over the relevant range of 30,000 to 50,000 per units produced and sold are: United produced and Sold: 30,000 ; 40,000; 50,000 Total costs: ...
Thursday, June 3, 2010 at 5:43am by denise

Business Math
Item price $8.00 Fixed cost $200 Variable costs 3x if x items are sold, write an expression for: Revenue, Cost, Profit
Saturday, January 28, 2012 at 2:49pm by Guillermo

accounting
Richard Hamilton has a fast - food franchise and must pay a franchise fee of $35000 plus 3% of gross sales. In terms of cost behavior, the total cost is a: a) variable cost b) fixed cost c) step - fixed cost d) mixed cost
Sunday, February 23, 2014 at 6:03pm by Morgan

Calc Help
Marginal Cost = 30sqroot(x+4) with fixed costs of $1000. Marginal Revenue = 900. find profit or loss from production and sale of 5 units. how many units will result in a max profit? what is the max profit? Can someone please help. Trying to review for my final and really stuck...
Sunday, April 29, 2007 at 4:00pm by Rob

Managerial Economics
Please let me know if I am on the right track? a) The firm paid the last hired worker $100 and he produced 10 units. So, cost of producing the last unit (MC) is 100/10 = $10 b) The firm hires 10 workers and pays them $100 each, so Total variable costs are 10*100 = 1000. On ...
Wednesday, November 3, 2010 at 7:48pm by Dede

Economics (attempted as suggested by economyst)
Dont look at Robert's answers. He got them all wrong. a) The firm paid the last hired worker $60 and he produced 12 units. So, cost of producing the last unit (MC) is 60/12 = $5 b) The firm hires 30 workers and pays them $60 each, so Total variable costs are 30*60 = 1800. On ...
Monday, March 30, 2009 at 5:04pm by economyst

economics
For the total variable cost (TVC), draw a positive total fixed cost (TFC) and total cost (TC) curves. Then derive the associated marginal cost (MC), average total cost (ATC), average variable (AVC) and average fixed cost (AFC) curves. Be sure to capture and explain the ...
Sunday, February 12, 2012 at 5:43pm by Daca

Math
Can I get some help with this question please? Calculating break-even. Jasmine Gonzales, administrative director of Small Imaging Center, has been asked by the practice members to see if it is feasible to add more staff to support the practice’s mammography service, which ...
Sunday, August 11, 2013 at 4:53pm by Faith

Financial officer Interview
1.Briefly describe your current position and its duties and responsibilities. 2.What are the revenue centers for your organization 3.What types of centers (departments) have budgets? 4.How many cost centers are there? Can you give some examples? 5.How important is it to ...
Friday, August 28, 2009 at 1:58pm by Molly

micro economics
Consider a firm that has a fixed cost of $60 a minute. output=1, Variable Cost= $10 what is the fixed cost?, Total Cost? Marginal cost?, AFC?, AVC? and ATC? Output is 2? Can't quite figue it out... thanks
Sunday, November 4, 2007 at 6:18pm by tina

Economics
Hi there, I am having trouble with this problem.Can you give me some guidance. In planning the publication of a new engineering economics textbook, the publisher has identified the following fixed and variable costs. Fixed Costs Overhead- $10,000 Editing and Typesetting- $100,...
Wednesday, January 21, 2009 at 8:30pm by Matthew

economy
total cost is equal to what? It would be easy to read your brief question out of context. So, a brief answer to your brief question: Generally speaking, total cost is the sum of fixed costs and variable costs. Do you have a specific problem you are trying to solve?
Friday, June 1, 2007 at 1:44pm by josh

economics
a) when output is 2, from your table, total fixed costs are $5 and total variable costs are $27. Simple arithmatic. b) marginal cost is the change in cost from a marginal (e.g., 1 unit) change in production. c) always always always, profit is maximized when marginal cost=...
Monday, October 29, 2007 at 9:19pm by economyst

algebra
costs= fixed cost + variable cost income=15*books if income is > than costs 15*B>3500+4B 11B>3500 B>327, so B must be 328 so that income is greater than costs.
Wednesday, September 14, 2011 at 7:56pm by bobpursley

math
I did the first part how would i graph it. Problem: Business and finance. The cost of producing a number of items x is given by C = mx + b , in which b is the fixed cost and m is the variable cost (the cost of producing one more item). (a)If the fixed cost is $40 and the ...
Friday, December 22, 2006 at 8:10pm by jasmine20

Economics
You’ve been hired by an unprofitable firm to determine whether it should shut down its unprofitable operation. The firm currently uses 70 workers to produce 300 units of output per day. The daily wage (per worker) is $100, and the price of the firm’s output is $30. Although ...
Monday, December 11, 2006 at 5:00pm by Sally

economics
Consider the problem of a competitive firm which has fixed costs of $1000, semi-fixed-costs of $1000, and variable costs given by q^2. What is the maximum market price at which the firm decides to supply zero?
Wednesday, March 12, 2014 at 12:28pm by Anonymous

CALCULUS ECONOMICS
Consider the problem of a competitive firm which has fixed costs of $1000, semi-fixed-costs of $1000, and variable costs given by q^2. QUESTION: What is the maximum market price at which the firm decides to supply zero?
Thursday, March 13, 2014 at 4:10pm by Jenney

economics
Teddy Bear, Inc., a rapidly growing manufacturer of high fashion children's shoes, plans to open a new production facility in Gastonia. Based on information provided by the accounting department, the company estimates fixed costs of $250,000 per year. Its average variable cost...
Saturday, October 30, 2010 at 3:15pm by hiten

Cost accounting
The company is planning to sell product z for $10 a unit. Variable costs are $6 a unit and fixed cost are $100,000. What must total sales be to break even?
Friday, December 10, 2010 at 3:21pm by joyce

CALCULUS ECONOMICS
Consider the problem of a competitive firm which has fixed costs of $1000, semi-fixed-costs of $1000, and variable costs given by q2. QUESTION: What is the maximum market price at which the firm decides to supply zero?
Thursday, March 13, 2014 at 4:09pm by Jenney

math
The fixed cost is the fixed amount required irrespective of the quantity produced ($50). The variable cost is proportional to the quantity produced ($2000/50units=$40/unit). The cost function is therefore: C(x) = 50 + 40x where x=number of unit produced, and assuming the ...
Saturday, February 5, 2011 at 9:55pm by MathMate

cost accounting
Try some of the following tutorials for information: http://search.yahoo.com/search?fr=mcafee&p=fixed+%26+variable+costs+tutorials Sra
Friday, October 14, 2011 at 12:12am by SraJMcGin

hsm
caluculate the fixed cost, variable costs, and break-even point for the program suggested in appendix d
Friday, October 30, 2009 at 4:39pm by Brit

Economics/Finance
It all depends on where the investment is applied. For example, if the company invests in purchasing the company location, it could reduce the fixed cost including the rent, after paying for taxes and maintenance. Upgrading the computer system for inventory, for example, could...
Saturday, May 29, 2010 at 3:56am by MathMate

Accounting
For the past year, Hornbostel Company had fixed costs of $6,552,000, a unit variable cost of $444, and a unit selling price of $600. For the coming year, no changes are expected in revenues and costs, except that a new wage contract will increase variable costs by $6 per unit...
Saturday, July 20, 2013 at 4:02pm by Anonymous

math HELP!
Kara's custom tees experienced fixed costs of $300 and variable costs of $5 a shirt. write and equation that can be used to determine the total expenses encountered by kara's custom tee's. Let x be the number of shirts and let C(x) be the total cost of producing x shirts. then...
Sunday, January 27, 2013 at 8:24pm by max

accouting
Nancy Company has budgeted sales of $300,000 with the following budgeted costs: Direct materials $60,000 Direct manufacturing labor 40,000 Factory overhead Variable 30,000 Fixed 50,000 Selling and administrative expenses Variable 20,000 Fixed 30,000 Question 1: Compute the ...
Saturday, April 2, 2011 at 11:07pm by eric

accounting
if direct material is 6.69, direct labor 3.33, variable overhead 1.27, and fixed overhead .088. if your producing 2400 units what is your total fixed cost and what is the variable cost per unit?
Friday, April 29, 2011 at 3:23pm by janie

Business Economics
When we are given an expression for the Short Run Total Cost Curve (for eg: 8 + 3Q - 1.5Q^2 + 0.25Q^3), how do you derive expressions for the following: 1. Average Fixed Costs 2. Average Viarable Costs Curve 3. Marginal Costs Curve 4. Short Run Supply Curve I also have a ...
Wednesday, April 18, 2007 at 10:35am by Dan

cost accounting
The East Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $50 Direct manufacturing labor 8 Variable manufacturing overhead 10 Fixed manufacturing overhead 23 Sales commissions (2% of sales) 5 ...
Friday, October 14, 2011 at 12:12am by carol

managerial accounting
480,000 x 60% = $288,000 variable cost 480,000 - 288,000 = $192,000 fixed costs 192,000 + 84,000 + 0.60x = x 276,000 = 0.40x x = $690,000 sales Check 690,000 Sales - 192,000 Fixed Costs - 414,000(0.60 x 690,000) variable costs = $84,000 profit
Wednesday, April 16, 2014 at 2:50pm by Kuai

accounting
Looking at this question and not sure why fixed cost is 2,000 and not 6,000. ********** Galley Industries can produce 100 units of necessary component parts with the following costs: Direct Materials $20,000 Direct Labor 9,000 Variable Overhead 21,000 Fixed Overhead 8,000 If ...
Wednesday, March 18, 2009 at 8:07pm by Pikaju

Financing
During the sixth month of the fiscal year, the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again recompute fixed costs, variable costs, and the BEP using the high–low method. Here are the number of meals served and the total costs of the ...
Thursday, February 19, 2009 at 2:15pm by shannon

Accounting
During the sixth month of the fiscal year, the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again recompute fixed costs, variable costs, and the BEP using the high–low method. Here are the number of meals served and the total costs of the ...
Sunday, February 7, 2010 at 5:38am by Betty

Financial Matters
Hello I was searching on variable cost, but i could not find nothing that defines How are variable costs handled? can someone one please explained to me how variable costs are handled? thanks a bunch:)
Friday, August 28, 2009 at 1:58pm by kiki83

financial matters
Hello I was searching on variable cost, but i could not find nothing that defines How are variable costs handled? can someone one please explained to me how variable costs are handled? thanks a bunch:)
Sunday, January 30, 2011 at 7:27pm by kiki83

FINANCIAL MATHEMATICS
The variable costs associated with a certain process are $0.65 per item. The fixed costs per day have been calculated as $200 with special costs estimated as $0.02X^2, where X is the size of the production run (that is, number of items produced). Therefore, the total cost ...
Thursday, October 6, 2011 at 6:41am by FAKAAPO.SUETUSI

economics
could you calulate the total, average variable, and average cost, when a company marginal cost of production is $5.00 per unit and fixed costs are $20.00
Sunday, April 29, 2012 at 9:34am by Anonymous

economics
could you calulate the total, average variable, and average cost, when a company marginal cost of production is $5.00 per unit and fixed costs are $20.00
Sunday, April 29, 2012 at 10:08am by Anonymous

managerial accounting
Using the data below please do the following in an Excel spreadsheet and e-mail it directly to me. 1. Prepare an income statement using variable costing (25 points) 2. Compute the unit product cost under both absorption and variable costing (10 points) 3. If net income under ...
Wednesday, March 10, 2010 at 10:30am by morty

accounting
Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city’s crowded streets that it sells for 717 rupees. (Indian currency is denominated in rupees, denoted by Picture.) Selected data for the company’s operations last year follow: Units...
Saturday, September 29, 2012 at 9:14pm by Anonymous

Economics
Ok, the firm's total daily revenue is 30*300,000 = 9,000,000. The firms total daily VARIABLE costs are 100*70,000 + 500,000 = 7,500,000. So revenue less costs is 9,000,000-7,500,000 = 1,500,000 Now then, you are given that you dont know the level of fixed costs, except that ...
Tuesday, November 18, 2008 at 2:28pm by economyst

cost/managerial
andromeda company's break even point is 2,400 units. variable cost per unit is $42; total fixed costs are 67,200 per year. what price does andromeda charge?
Saturday, January 26, 2013 at 6:12pm by delia

Economics
1. The law of diminishing returns implies that at some output level: a) Marginal cost must fall b) Average total cost must diminish c) profit increases d) Marginal cost must rise e) Total cost must fall 2. The vertical distance between total cost curve and total variable cost ...
Monday, September 30, 2013 at 8:56pm by Nathan

algebra
karas custom tees experienced fixed costs of $200 and variable costs of $5 a shirt. Write an equation that can determine the total expenses encountered by kara custom tees . let x be number of shirts, c be cost of producing x shirts
Sunday, June 16, 2013 at 5:23pm by jack

Finance 200
If a firm has fixed costs of $20,000, variable cost per unit of $.50, and a breakeven point of 5000 units, the price is?
Monday, January 11, 2010 at 9:23pm by Terri

college math
If a firm has fixed costs of $20,000, variable cost per unit of $.50, and a breakeven point of 5000 units, the price is?
Tuesday, January 12, 2010 at 6:07pm by Terri

Economics
Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is: $3,600. a. What is marginal cost? b. What is average variable ...
Saturday, March 28, 2009 at 11:15pm by Kingram

Economics
Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is: $3,600. a. What is marginal cost? b. What is average variable ...
Sunday, March 29, 2009 at 5:47pm by eStone

FIU
(1)You are preparing a budget for the month of January and are trying to estimate maintenance cost for the month. The maintenance cost is an overhead cost that is categorized as being mixed – that is it has both a fixed and a variable component. To arrive at the budgeted ...
Tuesday, March 8, 2011 at 1:23am by omar brown

Economics
In your problem: total fixed costs (TFC) are 120,000 total variable costs (TVC) are 4000*(25+2+1) = 112,000 Total costs are 120,000+112,000=232,000 Average costs are 232,000/4000 = 58. Marginal costs are the cost of producing one more book = 25+2+1 = 28. Ok, now repeat for the...
Wednesday, January 21, 2009 at 8:30pm by economyst

Accounting
If fixed costs are $350,000, the unit selling price is $29, and the unit variable costs are $20, what is the break-even sales (units) if the variable costs are decreased by $4? Answer 26,924 units 12,069 units 21,875 units 38,889 units
Sunday, July 14, 2013 at 9:43pm by Anonymous

financial management
I need some help I have the numbers I need but do not understand how to do break even points. The formula is PX = A + BX where P = Unit cost or price of the service X = Amount of service to be provided (an unknown) A = Fixed costs B = Variable costs The numbers are The years I...
Saturday, April 28, 2012 at 5:34pm by Taffany

Financial Apps Algebra
the fixed costs of producing a wild widget are $34000. the variable costs are $5.00 per widget. what is the average cost per widget of 7000 wild widgets? round to the nearest tenths.
Monday, October 10, 2011 at 7:00pm by Elya

accounting
# 1 Takers,Inc.provide the following results: 2004 2003 Units 2,400 3,000 Total Cost 19,200 24,000 What form of cost behavior is the cost above? Fixed cost, Sunk Cost, Mixed Cost or Variable Cost
Tuesday, July 10, 2007 at 8:13pm by lia82

Managerial Economics
Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000. a. What is marginal cost? b. What is average ...
Wednesday, November 3, 2010 at 7:48pm by Dede

Managerial ECON
Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000 a. What is marginal cost? b. What is average ...
Sunday, November 6, 2011 at 4:55pm by lost

cost accounting
Define variable, semi variable, fixed and semi fixed which is traditionally used in cost accounting. Define the above terms and subsequently describe the terms based on the business structure that is a car manufacturer introducing a new engine.
Sunday, March 16, 2008 at 1:58pm by scorpio_gall17

fin. am I correct?
a. is wrong The variable costs of a bag of grapes is $5. The cost of 8000 bags (including fixed cost) is 80,000 plus 40,000, but the revenue from sales is only 80,000. You need to sell more to break even.
Thursday, July 30, 2009 at 10:53am by drwls

economics
See my earlier post to your question. The answer largely depends on whether players wages are treated as fixed costs or variable costs. The other important consideration is whether you think the number of seats available is fixed or not. I would argue that, for a professional ...
Tuesday, October 27, 2009 at 4:36pm by economyst

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