Suppose a pizza parlor has the following production costs: $3.00 in labor per pizza, $1.00 in...
Suppose a pizza parlor has the following production costs:
$3.00 in labor per pizza, $1.00 in ingredients per pizza, $0.40 in electricity per pizza, $1,500 in restaurant rent per month, and $450 in insurance per month.
Assume the pizza parlor produces 2,000 pizzas per month.
What is the variable cost of production (per month)?
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Suppose a pizza parlor has the following production costs:
$3.00 in labor per pizza, $1.00 in...
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $2.00 in...
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $2.00 in ingredients per pizza, s0.70 in electricity per pizza, $2,500 in restauran rent per month, and $450 in insurance per month. Assume the pizza parlor produces 2,000 pizzas per month What is the variable cost of production (per month)? The variable cost of production is Enter your response as an integer.)
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $3.00 in...
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $3.00 in ingredients per pizza, $0.10 in electricity per pizza, $3,000 in restaurant rent per month, and $550 in insurance per month. Assume the pizza parlor produces 8,000 pizzas per month. What is the variable cost of production (per month)? The variable cost of production is $ 56,800. (Enter your response as an integer.) What is the fixed cost of production (per month)? The fixed cost...
HW Score: 62.79%, 27 of 43 pts Score: 0 of 1 pt 21 of 25 (15...
HW Score: 62.79%, 27 of 43 pts Score: 0 of 1 pt 21 of 25 (15 complete) Concept: Fixed/Variable Costs 2 Question Help Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza $1.00 in ingredients per pizza, 5050 in electricity per pizza, $4.500 in restaurant rent per month and $500 in insurance per month Assume the pizza parlor produces 4.000 pizzas per month What is the vanable cost of production (per month)? The variable cost...
(Copy) HW Score: 76.74%, 33 of 43 pts Score: 0 of 1 pt 21 of 25...
(Copy) HW Score: 76.74%, 33 of 43 pts Score: 0 of 1 pt 21 of 25 (19 complete) Concept: Fixed/Variable Costs 2 Question Help Suppose a puzza parlor has the following production costs $5.00 in labor per pizza, $100 in ingredients per pizza. 0.50 in electricity per pizza $4,500 in restaurant rent per month, and $500 in insurance per month Assume the pizza parlor produces 4,000 pizzas per month What is the variable cost of production (per month)? The variable...
please answer one and two. Problem 1 XYZ Restaurant, only sells pepperoni pizzas. The restaurant incurs...
please answer one and two.
Problem 1 XYZ Restaurant, only sells pepperoni pizzas. The restaurant incurs the following expenses: Each pizza sells for $10.00/each. Fixed Costs per month Variable Costs per pizza Flour 0.50 General Labor Rent 1,500 3,000 3.00 Cheese Peppero ni Utilities 450 2.00 Please submit your answers to the following questions: 1. What is the contribution margin? 2. How many pizzas must the restaurant sell in order to break even every month? 3. If XYZ Restaurant wants...
Please answer number 2 and 4. I appreciate you! . A company has annt fixed costs...
Please answer number 2 and 4. I appreciate you!
. A company has annt fixed costs of $2,000 per month and variable costs of S2 per unit produced. If the company charges $12 per unit for their product, what is the breakeven annual production quantity? Assume that the profit expected per month is $10,000, how many units should be sold per month? 2. A concrete mixer has been purchased to improve production in IE 2324 class. There are two operators...
Carla’s pizza Carla’s Pizza, a small pizzeria operating in a competitive market. Its short-run production function...
Carla’s pizza
Carla’s Pizza, a small pizzeria operating in a competitive
market. Its short-run production function for the current plant is
shown below. Carla's plant costs her $500 per week, her weekly
labor cost is $400 per worker, and the cost of ingredients is $7
per pizza. Carla is considering expanding her plant. The average
total costs for the larger plant are shown below.
In the scenario above, if Carla’s produces 925 pizzas per week
using the current plant, what...
Please answer 2 and 4, and be as detailed as possible. I appreciate you!! A concrete...
Please answer 2 and 4, and be as detailed as possible. I
appreciate you!!
A concrete mixer has been purchased to improve production in IE 2324 class. There are two operators required to operate the concrete mixer at $20/hour, work 8 hours/day and 20 days/month. Utilities required to operate the mixer cost $2,000/month. The production cost of I m concrete is $100 per concrete produced. The revenue to be generated from production of I m of concrete is $500. How...
Carla’s Pizza, a small pizzeria operating in a competitive market. Its short-run production function for the...
Carla’s Pizza, a small pizzeria operating in a competitive
market. Its short-run production function for the current plant is
shown below. Carla's plant costs her $500 per week, her weekly
labor cost is $400 per worker, and the cost of ingredients is $7
per pizza. Carla is considering expanding her plant. The average
total costs for the larger plant are shown below
a) In the scenario above, if Carla’s produces 925 pizzas per
week using the current plant, what is...
Suppose the going price of pizza is $11 per pie, the cost of the ingredients used...
Suppose the going price of pizza is $11 per pie, the cost of the ingredients used to produce pizza is $7, and marginal product of labor is 150 pizzas. What is the value of the marginal product of labor ($)?
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $2.00 in ingredients per pizza, s0.70 in electricity per pizza, $2,500 in restauran rent per month, and $450 in insurance per month. Assume the pizza parlor produces 2,000 pizzas per month What is the variable cost of production (per month)? The variable cost of production is Enter your response as an integer.)
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $3.00 in ingredients per pizza, $0.10 in electricity per pizza, $3,000 in restaurant rent per month, and $550 in insurance per month. Assume the pizza parlor produces 8,000 pizzas per month. What is the variable cost of production (per month)? The variable cost of production is $ 56,800. (Enter your response as an integer.) What is the fixed cost of production (per month)? The fixed cost...
HW Score: 62.79%, 27 of 43 pts Score: 0 of 1 pt 21 of 25 (15 complete) Concept: Fixed/Variable Costs 2 Question Help Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza $1.00 in ingredients per pizza, 5050 in electricity per pizza, $4.500 in restaurant rent per month and $500 in insurance per month Assume the pizza parlor produces 4.000 pizzas per month What is the vanable cost of production (per month)? The variable cost...
(Copy) HW Score: 76.74%, 33 of 43 pts Score: 0 of 1 pt 21 of 25 (19 complete) Concept: Fixed/Variable Costs 2 Question Help Suppose a puzza parlor has the following production costs $5.00 in labor per pizza, $100 in ingredients per pizza. 0.50 in electricity per pizza $4,500 in restaurant rent per month, and $500 in insurance per month Assume the pizza parlor produces 4,000 pizzas per month What is the variable cost of production (per month)? The variable...
please answer one and two.
Problem 1 XYZ Restaurant, only sells pepperoni pizzas. The restaurant incurs the following expenses: Each pizza sells for $10.00/each. Fixed Costs per month Variable Costs per pizza Flour 0.50 General Labor Rent 1,500 3,000 3.00 Cheese Peppero ni Utilities 450 2.00 Please submit your answers to the following questions: 1. What is the contribution margin? 2. How many pizzas must the restaurant sell in order to break even every month? 3. If XYZ Restaurant wants...
Please answer number 2 and 4. I appreciate you!
. A company has annt fixed costs of $2,000 per month and variable costs of S2 per unit produced. If the company charges $12 per unit for their product, what is the breakeven annual production quantity? Assume that the profit expected per month is $10,000, how many units should be sold per month? 2. A concrete mixer has been purchased to improve production in IE 2324 class. There are two operators...
Carla’s pizza
Carla’s Pizza, a small pizzeria operating in a competitive
market. Its short-run production function for the current plant is
shown below. Carla's plant costs her $500 per week, her weekly
labor cost is $400 per worker, and the cost of ingredients is $7
per pizza. Carla is considering expanding her plant. The average
total costs for the larger plant are shown below.
In the scenario above, if Carla’s produces 925 pizzas per week
using the current plant, what...
Please answer 2 and 4, and be as detailed as possible. I
appreciate you!!
A concrete mixer has been purchased to improve production in IE 2324 class. There are two operators required to operate the concrete mixer at $20/hour, work 8 hours/day and 20 days/month. Utilities required to operate the mixer cost $2,000/month. The production cost of I m concrete is $100 per concrete produced. The revenue to be generated from production of I m of concrete is $500. How...
Carla’s Pizza, a small pizzeria operating in a competitive
market. Its short-run production function for the current plant is
shown below. Carla's plant costs her $500 per week, her weekly
labor cost is $400 per worker, and the cost of ingredients is $7
per pizza. Carla is considering expanding her plant. The average
total costs for the larger plant are shown below
a) In the scenario above, if Carla’s produces 925 pizzas per
week using the current plant, what is...
Suppose the going price of pizza is $11 per pie, the cost of the ingredients used to produce pizza is $7, and marginal product of labor is 150 pizzas. What is the value of the marginal product of labor ($)?
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