COMPLETE QUESTION:
The statements and equations below show various ways of defining average variable cost, marginal cost, and average total cost. Below, TC is used to abbreviate total cost, VC is used to abbreviate Variable cost, and Q is used to abbreviate quantity. Classify each statement or equation according to whether it describes average variable cost, marginal cost, or average (total) cost.
Average Variable Cost Marginal Cost Average (Total) Cost
The amount by which total cost increases when an additional unit is produced
Total cost divided by quantity of output
Change in the total cost divided by change in output
VC / Q
The sum of all costs that change as output changes divided by the number of units produced.
TC / Q
ΔTC/ΔQ
Answer and Explanation:
Marginal Cost is the value by which total cost increases when more units are produced.
Marginal Cost = VC / Q
Average Variable Cost is the cost per the quantity of output. It is the difference in the Total Cost per change in output.
Average Cost is the addition of all costs that change due to changes in output per the number of units produced.
TC / Q= Variable Cost
ΔTC/ΔQ= marginal cost
Opportunity cost is the loss due to forgoing one opportunity to select another one alternative.
In this case, the forgone alternative is the full-time employment and other expenses for the term when the alternative chosen is to be in school. In this case, room and board expenses remain the same whether in school or working full time and thus not considered. The part-time amount earned while at school is subtracted as it would be compensated be during full time employment.
Therefore;
Opportunity cost = $20,000+$10,000+$1,000-$8,000 = $23,000
Answer:
$61,175
Explanation:
Base on the scenario been described in the question, we expected to solve for the future worth
The table of the cash flow is shows in the picture
We can find that by calculating the Future worth
Future Worth = {2,500 + 1,500(P/A 7%,10) 100 + (P/G 7%,10) } [F/P 7%, 20]
Future worth = { 2,500 + 1500(7.024) + 100(27.716)}
Future worth = $61,175
The answer is option "<span>d. conduct research and development activities in developing countries".
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MNE stands for a multinational enterprise, which refers to an organization that has a globally deal with business sectors, creation as well as tasks in a few nations. Famous MNEs incorporate fast-food organizations or companies are McDonald's (MCD), (YUM), Starbucks Coffee Company (SBUX), Microsoft (MSFT), and so on. Other mechanical MNEs incorporate vehicle producers, for example, Ford Motor Company, and General Motors (GMC).
Answer:
$325,000
Explanation:
Given that,
Total variable costs = $219,600
Total fixed costs = $126,750
Total revenues = $360,000
Required sales in dollars to break even:
= [Total fixed cost ÷ (Total revenues - Total variable costs)] × Total revenues
= [$126,750 ÷ ($360,000 - $219,600)] × $360,000
= ($126,750 ÷ $140,400) × $360,000
= 0.9028 × $360,000
= $325,000
