In the short term, the company produces 800 units of production. The average variable costs (AVC) 93 rubles, the average fixed costs (AFC) 3 rubles. Determine the total costs (TC) of the firm?
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In the short term, the company produces 800 units of production. The average variable costs (
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- The Mexican company generates a production per unit of time, each unit has a fixed cost of $40.00. The table shows the units produced and their variable cost. UNITS PRODUCED Q TOTAL FIXED COST TOTAL VARIABLE COST 20 40 30 30 40 40 40 40 55 50 40 65 60 40 75 70 40 90 80 40 100 90 40 115 100 40 125 a) Calculate the total cost of each unit produced CT=CFT + CVT b) Calculate the average fixed cost and average variable cost for each unit produced. CFME= CFT/Q CVME= CVT/Q c) Calculate the Average Cost (Cme) and Marginal Cost (MC) for each unit produced. Cme= CT/Q CMg= ACT/AQ d) Make a table, where you will add all the calculated costs TOTAL COST AVERAGE FIXED AVERAGE AVERAGE COST MARGINAL COST COST VARIABLE COST e) Make a graph with the CFT, CVT and CT. On the back it describes what the graphed curves mean f) Make another graph, but now with the CFMe, CVME, Cme and CMg. Then describe the variation in the graphed curves.Martinez Company's relevant range of production is 7,500 units to 12,500 units. The unit costs when it produces and sells 10,000 units are provided in the table. If 12,500 units are sold, what is the variable cost per unit sold? Amount per unit ($) Direct materials 6.00 Direct Labor 3.50 Variable manufacturing overhead 1.50 Fixed manufacturing overhead 4.00 Fixed selling expense 3.00 Fixed administrative expense 2.00 Sales commissions 1.00 Variable adminsitrative expense 0.50A small business produces and sells balls. The fixed costs are $20 and each ball costs $2.92 to produce. Each ball sells for $7.92. Write the equations for the total cost, C, and the revenue, R, then use the graphing method to determine how many balls must be sold to break even.
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- A company can produce 25 items for a total cost of $ 2250 with a fixed cost of $ 1000 and a selling price of $ 75. Find the cost, revenue, and profit function. Find the break even point. Sketch on the same graph the revenue and cost function and clearly label where the break even point is. When does the company have profit? Explain.Suppose a company sells a product for $50 per unit. The variable cost per unit is $20 and the company incurs fixed costs of $10,000 per month. How many units does the company need to sell in a month to break even?The fixed cost of a firm is $4000 and variable cost is $2000 what would be the total cost of the firm?
- Ace Manufacturing produces 1,000 hammers per day. The total fixed cost for the plant is $5,000 per day, and the total variable cost is $15,000 per day. Calculate the average fixed cost, average variable cost, and average total cost, and total cost at the current output level.Total Fixed Cost (TFC), Total Variable Cost (TVC), Total Cost (TC), and the Average Total Cost (ATC) per unit. A company produces 100 bicycles per month. The company pay 3,000 per rent, 2,000 per insurance, 1,000 per loan, including interests, 3,000 per labor, and 11,000 per raw materials. Calculate the Total Fixed Cost (TFC), the Total Variable Cost (TVC) the Total Cost (TC) of producing the 100 bicycles and the Average Total Cost (ATC) per bicycle.The cost structure of a manufacturer of micro- chips is described in the table that follows. The firm's fixed costs equal $10,000 per day. Calculate the average variable cost, average fixed cost, and average total cost at each output level. Output (microchips per day) Total Cost of Output ($ thousands) 10 25 60 50 95 75 150 100 220 125 325 150 465