If the variable cost of producing a unit is 100 per unit and all fixed costs equals 2500, what will be the cost of producing ten extra units?A. 3500. B. 1000. C. 25000. D. 1500. 相关知识点: 试题来源: 解析 B. $1000 题目询问生产十个额外单位所需的成本。根据经济学原理,总成本(TC...
In the long run, total fixed cost a. falls. b. rises. c. is constant. d. does not exist. Total Fixed Cost: In the production process, the total fixed cost is the cost that a firm incurs to initiate its business in the market. This cost does not va...
22.Ifafirmproducesnothing,itstillincursitsfixedcosts. ANS:TDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:FixedcostsMSC:Interpretive 23.Theshapeofthetotalcostcurveisunrelatedtotheshapeoftheproduction function. ANS:FDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:Total-costcurve|Production functi...
only (iii) is true. d. (i) and (iii) are true. e. only (ii) is true. ANS:CDIF:2REF:13-1 NAT:AnalyticLOC:Costs of productionTOP:Profit maximization MSC:Interpretive Table 13-2 Number of Workers Output Fixed Cost Variable Cost Total Cost 0 0 $50 $0 $50 1 90 $50 $20 $70 ...
B. This is the total variable cost for producing 7 units. The total cost of production is the cost of the variable costs plus the fixed costs. C. This is the total fixed cost for producing 7 units. The total cost of production is the cost of the variable costs plus the fixed costs...
Production (units) 3,000 5,000 Total cost ($) 6,750 9,250 The variable production cost per unit and the total fixed production cost both remain constant in the range of activity shown. What is the level of fixed costs? A $2,000 ...
Calculating the total cost of owning your car — or one you might buy soon — is the best way to make sure your auto budget is in line. But with many different factors contributing to the cost of car ownership, it can be difficult to know exactly how much your car is costing you. ...
Total fixed cost(TFC) is the summation of all expenses that do not change as the level of production varies. (Examples of fixed costs are debt service, real estate lease agreements, and rental contracts. ) Economic costsinclude all the remuneration needed to keep the productive resource in its...
LOC:Costs of productionTOP:ProfitMSC:Definitional 3.Profit equals total revenue minus total cost. ANS:TDIF:1REF:13-1NAT:Analytic LOC:Costs of productionTOP:ProfitMSC:Definitional 4.The difference between economic profit and accounting profit is that economic profit is calculated based on both implic...
Compute the total overhead variance. From the information, determine the total amount of product costs. From the information, determine the total amount of period costs. Are all overhead costs considered fixed costs? Explain. Calculate the expected cost for Utilities when production is 5,000 units...