Question

Solve each of the following exercises. For Exercises 1, 2 and 5 you must show the necessary computations to solve the problem for the corresponding credit.

1. A company dedicated to the manufacture of glasses incurs weekly $ 5,300.00 of variable costs and $ 2,800.00 of fixed costs. Determine the total cost incurred by this company in the week. (Value 3 points)

2. T & H Productions obtained total costs of $ 18,350.00 for the previous month for a total production of 500 units of "X" product. If the company recorded 60% of the total costs as variable costs, then it determines its average variable cost for that month. (Value 3 points)

3. If when 4 units are produced, the total cost is $ 850.00, and when 5 units are produced, the total cost is $ 867.00. Determine the marginal cost. (Value 3 points)

4. Complete the following table according to the information provided and determine where the profit is maximized. (Value 20 points) • Note: Presume that everything that is produced is sold, that is, X = Q, and the quantities are in thousands

Total Margin variabl Variable Fixed Cost AverageAveragAveragIncome variable fixed e total Units Gain cost cost Cost Cost S5.00 OS 4 17 12 4 6 12 6 18 6 6 26 28 34 10 6 46

5. A company dedicated to the maintenance of buildings has the following functions of income (I) and total costs (CT):

I = 35Q – 2Q² y CT = 21 + 25Q – Q²

Determine the amount and profit that maximize the revenue and cost functions.