1. Brell Corporation manufactures umbrellas. The cloth used in one umbrella costs $ 15. The corporation rents a manufacturing factory for a monthly rent of $ 275. Prepare a table showing the Total Fixed Cost, Total Variable cost, Total Cost and Average Fixed Cost, Average Variable Cost, and Average Cost for three different levels of production. (No. of units at three different levels can be chosen by you).
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100 units | 200 units | 300 units | ||
Total fixed cost | 275 | 275 | 275 | |
Total Variable cost | (100*15) = 1,500 | 3,000 | 4,500 | |
Total Cost | 1775 | 3275 | 4775 | |
Average fixed cost | (275/100) = 2.75 | 1.375 | 0.917 | |
Average variable cost | 15 | 15 | 15 | |
Average cost | 17.75 | 16.375 | 15.917 | |
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1. Brell Corporation manufactures umbrellas. The cloth used in one umbrella costs $ 15. The corporation...
Q1- Brell Corporation manufactures umbrellas. The cloth used in one umbrella costs $ 15. The corporation rents a manufacturing factory for a monthly rent of $ 275. Prepare a table showing the Total Fixed Cost, Total Variable cost, Total Cost and Average Fixed Cost, Average Variable Cost, and Average Cost for three different levels of production. (No. of units at three different levels can be chosen by you).
1 and 2 please
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1 and 3 please
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