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need help on 1 and 2 please
Question 1: The Wipeout Ski Company manufactures skis for...
The WipeOut Ski Company manufactures skis for beginners. Fixed costs are $30. Fill in Table 7.16...
The WipeOut Ski Company manufactures skis for beginners. Fixed costs are $30. Fill in Table 7.16 for total cost, average variable cost, average total cost, and marginal cost. VariableFxed Tota Average Variable Average Total Marginal Cost 0 $10 $25 $45 $70 $100 $135 Cost Cost Cost 0 $30 2 5 6 Table 7.16 $30
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company’s...
Black Diamond Company produces snow skis. Each ski requires 2
pounds of carbon fiber. The company’s management predicts that
5,600 skis and 6,600 pounds of carbon fiber will be in inventory on
June 30 of the current year and that 156,000 skis will be sold
during the next (third) quarter. A set of two skis sells for $360.
Management wants to end the third quarter with 4,100 skis and 4,600
pounds of carbon fiber in inventory. Carbon fiber can be...
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's...
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's management predicts that 6.200 skis and 7,200 pounds of carbon fiber will be in inventory on June 30 of the current year and that 162,000 skis will be sold during the next (third quarter. A set of two skis sells for $420, Management wants to end the third quarter with 4.700 skis and 5.200 pounds of carbon fiber in Inventory, Carbon fiber can be...
Check my work Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon...
Check my work Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's management predicts that 5,000 skis and 6,000 pounds of carbon fiber will be in inventory on June 30 of the current year and that 150,000 skis will be sold during the next (third) quarter. A set of two skis sells for $300. Management wants to end the third quarter with 3,500 skis and 4,000 pounds of carbon fiber in inventory. Carbon...
please explain question 2 . rmation on fixed and variable costs in 1(b) please fill in...
please explain question 2
.
rmation on fixed and variable costs in 1(b) please fill in the table below. The numbers olumns should be identical to the last two columns in your table in number 1 in the last two columns should be identical to above. Average Average Fixed Variable Workers Output Cost Cost Average Total Cost Marginal Cost 155 Using the numbers in your table above graph average fixed costs, average variable costs, average total costs, and marginal costs....
help with the drawing please !!!! B QUCSLUIT Help Ski Boards, Inc., wants to enter the...
help with the drawing please !!!!
B QUCSLUIT Help Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices 8,000 7,500 7,000 6,500 6,000 (a) refurbish the old equipment at a cost of $250 (b) make major modifications at the cost of $1,000, or (c) purchase new equipment at a net cost of $1,750. 5,500- If the firm chooses to refurbish the equipment, materials and labor will be $1.10...
Question 1 Fill in the blank to make the following statements correct. 1.1 The technological relationship...
Question 1 Fill in the blank to make the following statements correct. 1.1 The technological relationship between the inputs of factor services and outputs is called the 1.2 A firm's planning decisions made when some inputs are variable but others are fixed are made in the time period known as the _. The time period over which all factors are variable but technology is fixed is known as the 1.3 The change in total output resulting from the use of...
need help from part 1 - Part 3 Use MS Excel to solve the following three...
need help from part 1 - Part 3
Use MS Excel to solve the following three parts problem. Lesley Business's Juice Bar has the following cost schedules Part 1 - Given the information below, calculate and complete the marginal cost, average variable cost, and average total cost columns. Variable Cost (5) Total Cost ty Vats of juice) 30 10 40 70 100 100 130 135 165 Part 2 - Furthermore, use Excel to plot the marginal-cost curve, the average variable...
QUESTION 1 In the short run, the ATC curve is _____ above the AVC curve. A....
QUESTION 1 In the short run, the ATC curve is _____ above the AVC curve. A. always B. sometimes C. never 2 points QUESTION 2 As output rises, A. AFC rises. B. AFC falls. C. AFC remains the same. D. there is no way of determining what happens to AFC. 2 points QUESTION 3 When average total cost is declining, then A. marginal cost must be less than average total cost. B. marginal cost must be greater than...
The WipeOut Ski Company manufactures skis for beginners. Fixed costs are $30. Fill in Table 7.16 for total cost, average variable cost, average total cost, and marginal cost. VariableFxed Tota Average Variable Average Total Marginal Cost 0 $10 $25 $45 $70 $100 $135 Cost Cost Cost 0 $30 2 5 6 Table 7.16 $30
Black Diamond Company produces snow skis. Each ski requires 2
pounds of carbon fiber. The company’s management predicts that
5,600 skis and 6,600 pounds of carbon fiber will be in inventory on
June 30 of the current year and that 156,000 skis will be sold
during the next (third) quarter. A set of two skis sells for $360.
Management wants to end the third quarter with 4,100 skis and 4,600
pounds of carbon fiber in inventory. Carbon fiber can be...
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's management predicts that 6.200 skis and 7,200 pounds of carbon fiber will be in inventory on June 30 of the current year and that 162,000 skis will be sold during the next (third quarter. A set of two skis sells for $420, Management wants to end the third quarter with 4.700 skis and 5.200 pounds of carbon fiber in Inventory, Carbon fiber can be...
Check my work Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's management predicts that 5,000 skis and 6,000 pounds of carbon fiber will be in inventory on June 30 of the current year and that 150,000 skis will be sold during the next (third) quarter. A set of two skis sells for $300. Management wants to end the third quarter with 3,500 skis and 4,000 pounds of carbon fiber in inventory. Carbon...
please explain question 2
.
rmation on fixed and variable costs in 1(b) please fill in the table below. The numbers olumns should be identical to the last two columns in your table in number 1 in the last two columns should be identical to above. Average Average Fixed Variable Workers Output Cost Cost Average Total Cost Marginal Cost 155 Using the numbers in your table above graph average fixed costs, average variable costs, average total costs, and marginal costs....
help with the drawing please !!!!
B QUCSLUIT Help Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices 8,000 7,500 7,000 6,500 6,000 (a) refurbish the old equipment at a cost of $250 (b) make major modifications at the cost of $1,000, or (c) purchase new equipment at a net cost of $1,750. 5,500- If the firm chooses to refurbish the equipment, materials and labor will be $1.10...
Question 1 Fill in the blank to make the following statements correct. 1.1 The technological relationship between the inputs of factor services and outputs is called the 1.2 A firm's planning decisions made when some inputs are variable but others are fixed are made in the time period known as the _. The time period over which all factors are variable but technology is fixed is known as the 1.3 The change in total output resulting from the use of...
need help from part 1 - Part 3
Use MS Excel to solve the following three parts problem. Lesley Business's Juice Bar has the following cost schedules Part 1 - Given the information below, calculate and complete the marginal cost, average variable cost, and average total cost columns. Variable Cost (5) Total Cost ty Vats of juice) 30 10 40 70 100 100 130 135 165 Part 2 - Furthermore, use Excel to plot the marginal-cost curve, the average variable...
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