Total cost equals fixed cost plus variable cost per unit times the activity level in units. True False Total Cost: There are many costs that are incurred within a business and most can be categorized as either fixed or variable. These costs are important to un...
[单项选择题]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? 关键词: cost producing unit A) $3500. B) $1000. C) $25000. D) $1500. ...
Question: The sum of fixed cost and variable cost at any rate of output is equal to: a. Average total cost. b. Total profit. c. Total cost. d. Marginal cost. Output: From a company's point of view, the output is...
Add up all of the production expenses first. Take note of which of these costs are constant and which are changeable. Subtract the variable cost of each unit times the quantity you generated from your overall production costs. You are then given the entire fixed cost. The second method of f...
Answer to: If a firm has fixed costs of $60,000, a price of $7.00, and a breakeven point of 25,000 units, the variable cost per unit is: a. $5.40 ...
Variable Cost vs. Fixed Cost: What is the Difference? The differences between variable costs vs. fixed costs are as follows: Variable Costs→ The costs incurred that are directly tied to production volume and fluctuates based on the output in the given period. Fixed Costs→ The costs incurred...
The variable cost per unit equals $15. Fixed costs are equal to $700,000 for a year. Subtract the variable cost per unit of $15 from the $40 price, leaving $25. Divide fixed costs by $25 and you have a breakeven sales volume of 28,000 units. If the company doesn’t expect to ...
cost of goods sold, while the variable cost method includes it as an administrative cost, as shown in Figure 6.5.2. When the entire inventory is sold, the total fixed cost is expensed as the cost of goods sold under the absorption method or it is expensed as an administrative cost under...
True or False: If the marginal-cost curve is rising, so is the average-total-cost curve. Average total cost equals average fixed costs plus average variable costs. True False Is the following statement true or false? Explain why. Marginal cost equals average cost at the average ...
D. marginal cost must necessarily be high. The profit-maximizing decision for the monopoly is: a. the same as that of the perfectly competitive firm. b. to choose the quantity where marginal cost equals marginal revenue. c. All o...