Business, 15.12.2021 02:20 lakesha04begaye

A new computer firm analysed its cost function for the past 12months. The firm pays $1000 every month for rent and an annual fee of $1500 for insurance. Although the cost of raw materials changed constantly, the firm was surprised at the total amount of $300 to be paid to suppliers given its output for the year. Finally, for each additional worker that the firm employed, it is incurred the following costs of $2, $2.25, $2.50, $2.75 and then $3 to produce each additional unit of output. What is the fixed cost, variable cost, total cost and marginal cost?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:20

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Answers: 2

Answer

Business, 22.06.2019 12:30

land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)

Answers: 1

Answer

Business, 22.06.2019 19:50

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?

Answers: 1

Answer

Business, 22.06.2019 20:40

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

Answers: 2

Answer

You know the right answer?

A new computer firm analysed its cost function for the past 12months. The firm pays $1000 every mont...

Questions