Use the following C-V-P graph to answer this question. Line 3 represents: A) Fixed costs B)...
Use the following C-V-P graph to answer this question.
Line 3 represents:
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Homework Answers
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Option A is the answer (Fixed costs) |
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| As the cost remains same even when the output changes, the cost is fixed in nature. | |
| Comment if you face any issues |
Add Answer to:
Use the following C-V-P graph to answer this
question.
Line 3 represents:
A)
Fixed costs
B)...
Use the following C-V-P graph to answer this question. Line 1 represents: A) Fixed cost B)...
Use the following C-V-P graph to answer this
question.
Line 1 represents:
A)
Fixed cost
B)
Total costs
C)
Revenue
D)
Variable cost
Use the following C-V-P graph to answer this question. The breakeven volume is indicated by: A)...
Use the following C-V-P graph to answer this
question.
The breakeven volume is indicated by:
A)
Point B
B)
Point C
C)
Area E
D)
Point A
help. agricultural economic 2. Use the following graph to answer the following questions: P/ MC ATC...
help. agricultural economic
2. Use the following graph to answer the following questions: P/ MC ATC /AVC MR 20 2528 50 a. What price is charged by the monopol order to maximize profits? b. Calculate the total revenue accruing to the mo- nopolist at the profit-maximizing output. C. Calculate the total cost to the monopolist at the profit-maximizing output. d. Calculate the profit for the monopolist. e. Calculate the total variable and fixed costs of the monopolist at the profit-maximizing...
The graph below represents the costs of production for a monopolistically competitive firm. Assuming the firm...
The graph below represents the costs of production for a
monopolistically competitive firm. Assuming the firm is producing
at the profit-maximizing level of output, (Q*,P*) , where Q = 40
and P * =$16 . Assume average cost is $14.50
Question 9 The graph below represents the costs of production for a monopolisticall competitive firm. Assuming the firm is producing at the profit-maximizing level of output, (Q.,P), where Qu=40 and P =$16. Assume average cost is $14.50. profit-$__(Please only answer...
Compute the total of variable cost per unit and total fixed cost. Variable Cost per unit Fixed Costs: Utility $12,400...
Compute the total of variable cost per unit and total fixed
cost.
Variable Cost per unit Fixed Costs: Utility $12,400 3.00 Utility 10.50 Rent Direct Materials 36,000 14,000 $ 62,400 Direct Labor 4.50 Depreciation Total 18.00 Total USC has determined that the cost line for Utility Cost is 3x 12,400 y Prepare a C-V-P graph for USC. Use zero units and 7,000 units. Compute sales and total cost at those points Units 7,000 0 Sales Total Cost Include your graph...
need this question answer. 1. Prepare a CVP graph showing Total Cost line, Total Fixed Cost...
need this question answer. 1. Prepare a CVP graph showing Total Cost line, Total Fixed Cost line, Total Revenue line, Break-even point, Profit area, and Loss area. 2. Describe the differences between a job-costing system and a process-costing system. Provide 2 examples of each system.
Please answer all the question!!! 5. When will the elimination overall profit? a. When the b. When th of a product line have no effect on the company's avoidable fixed costs equal the product...
Please answer all the question!!!
5. When will the elimination overall profit? a. When the b. When th of a product line have no effect on the company's avoidable fixed costs equal the product line's contribution margin e unavoidable fixed costs equal the product line's contribution margin d when there are no fixed costs incurred by the product line d. When the product line contribution margi n is negative 6. All of the following are relevant to the sell or...
Please answer the question, A, B, C, and D. Thank you. The following graph represents the...
Please answer the question, A, B, C, and D. Thank you.
The following graph represents the market for soya beans. Price ($) 20 40 80 100 60 Quantity a) What is the equilibrium price and quantity traded for the soya beans? [2 marks] Price: Quantity Traded: b) If the price of soybeans were $14 per unit, would there be a shortage, surplus, or neither? Circle the correct response. [1 mark] SHORTAGE SURPLUS NEITHER c) Suppose Supply increased by 30 units....
2-22 A small company manufactures a certain product. Variable costs are $20 per unit and fixed...
2-22 A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price-demand relationship for this product is P-0.25D 250, where P is the unit sales price of the product and D is the annual demand. Total cost Fixed cost + Variable cost Revenue Demand x Price e Profit Revenue-Total cost Set up your graph with dollars on the y axis (between 0 and $70,000) and, on the x axis, demand D:...
Consider the following cost volume profit graph 5150,000 120,000 90,000 (B) 60,000 30,000 (C) 0 The...
Consider the following cost volume profit graph 5150,000 120,000 90,000 (B) 60,000 30,000 (C) 0 The line designated by the letter (A) represents which of the following? Multiple Choice Total revenue Total cost Total fixed cost None of these is correct
Use the following C-V-P graph to answer this
question.
Line 1 represents:
A)
Fixed cost
B)
Total costs
C)
Revenue
D)
Variable cost
Use the following C-V-P graph to answer this
question.
The breakeven volume is indicated by:
A)
Point B
B)
Point C
C)
Area E
D)
Point A
help. agricultural economic
2. Use the following graph to answer the following questions: P/ MC ATC /AVC MR 20 2528 50 a. What price is charged by the monopol order to maximize profits? b. Calculate the total revenue accruing to the mo- nopolist at the profit-maximizing output. C. Calculate the total cost to the monopolist at the profit-maximizing output. d. Calculate the profit for the monopolist. e. Calculate the total variable and fixed costs of the monopolist at the profit-maximizing...
The graph below represents the costs of production for a
monopolistically competitive firm. Assuming the firm is producing
at the profit-maximizing level of output, (Q*,P*) , where Q = 40
and P * =$16 . Assume average cost is $14.50
Question 9 The graph below represents the costs of production for a monopolisticall competitive firm. Assuming the firm is producing at the profit-maximizing level of output, (Q.,P), where Qu=40 and P =$16. Assume average cost is $14.50. profit-$__(Please only answer...
Compute the total of variable cost per unit and total fixed
cost.
Variable Cost per unit Fixed Costs: Utility $12,400 3.00 Utility 10.50 Rent Direct Materials 36,000 14,000 $ 62,400 Direct Labor 4.50 Depreciation Total 18.00 Total USC has determined that the cost line for Utility Cost is 3x 12,400 y Prepare a C-V-P graph for USC. Use zero units and 7,000 units. Compute sales and total cost at those points Units 7,000 0 Sales Total Cost Include your graph...
Please answer all the question!!!
5. When will the elimination overall profit? a. When the b. When th of a product line have no effect on the company's avoidable fixed costs equal the product line's contribution margin e unavoidable fixed costs equal the product line's contribution margin d when there are no fixed costs incurred by the product line d. When the product line contribution margi n is negative 6. All of the following are relevant to the sell or...
Please answer the question, A, B, C, and D. Thank you.
The following graph represents the market for soya beans. Price ($) 20 40 80 100 60 Quantity a) What is the equilibrium price and quantity traded for the soya beans? [2 marks] Price: Quantity Traded: b) If the price of soybeans were $14 per unit, would there be a shortage, surplus, or neither? Circle the correct response. [1 mark] SHORTAGE SURPLUS NEITHER c) Suppose Supply increased by 30 units....
2-22 A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price-demand relationship for this product is P-0.25D 250, where P is the unit sales price of the product and D is the annual demand. Total cost Fixed cost + Variable cost Revenue Demand x Price e Profit Revenue-Total cost Set up your graph with dollars on the y axis (between 0 and $70,000) and, on the x axis, demand D:...
Consider the following cost volume profit graph 5150,000 120,000 90,000 (B) 60,000 30,000 (C) 0 The line designated by the letter (A) represents which of the following? Multiple Choice Total revenue Total cost Total fixed cost None of these is correct
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