Question

Paducah Slugger Company makes baseball bats out of lumber supplied to it by Acme Sporting Goods, which pays Paducah $10 for each finished bat. Paducah's only factors of production are lathe operators and a small building with a lathe. The number of bats per day it produces depends on the number of employee-hours per day, as shown in the table below. a. The wage is $15 per hour and Paducah's daily fixed cost for the lathe and building is $50. Instructions: Complete the table below. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Express marginal cost values rounded to two decimal places. Number of employee- hours per day Profit ($ per Q (bats per day) Marginal cost per bat day) -50] Total Total labor revenue cost Total cost | $ per day) ($ per day) I ($ per day) DO 50 50 30 150 200 105 250 165 100 60 bbbbb 300 240 1 350 330

Answer 1

nd Total Labor cost con lost howing S 10 15 20 25 Employee TR Toled otel Cor Profit marginallon o ir 65 -15 2 100 30 800 4 150 60 llo 40 & 6 7 200 los 155 45 14 12 " no 165 215 35 16 18 300 210 260 330 69 = 12 15 uo 350 380 -30 18 mar when Mr-Me. oty - zobats 26 tax = $10 hen o=2obals will be produced. ble it is like cumpsum tax. Ihsal - $2 but mco ans in D then aty = 15