A company's average cost per unit when x units are produced is defined to be Average...
A company's average cost per unit when x units are produced is defined to be
Average cost =
| Total cost |
| x |
.
Suppose a company's average costs are given by
Average cost =
| 5000 |
| x |
+ 35 + 0.6x.
(a) Express the average-cost formula as a single fraction.
Average cost =
(b) Write the expression that gives the company's total costs.
(Simplify your answer completely.)
Homework Answers
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A company's average cost per unit when x units are
produced is defined to be
Average...
8) If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced?...
8) If 12,500 units are produced, what is the average fixed
manufacturing cost per unit produced?
9) If 8,000 units are produced, what is the
total amount of fixed manufacturing cost incurred to support this
level of production?
10) If 12,500 units are produced, what is the total
amount of fixed manufacturing cost incurred to support this level
of production?
11) If 8,000 units are produced, what is the total
amount of manufacturing overhead cost incurred to support this
level of production? What...
A company's costs are shown below. What is the total average cost per unit? 15,492 units...
A company's costs are shown below. What is the total average cost per unit? 15,492 units Total variable costs $6,375 Total fixed costs ? Variable cost per unit ? Fixed cost per unit $2.40 Total average cost per unit ?
When Addams Corporation produces and sells 5,200 units, its average costs per unit are shown in...
When Addams Corporation produces and sells 5,200 units, its average costs per unit are shown in the table below. The company's relevant range of activity is 3,000 to 7,000 units. Average Cost per Unit $5.10 $3.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comnissions Variable administrative expense $1.40 $ 3.50 s e.6e $ 8,45 3 e.35 $8.35 Required: a. If 6,200 units are sold, what is the variable cost per...
A company's costs are shown below. What is total average cost per unit? 8,086 units A...
A company's costs are shown below. What is total average cost per unit? 8,086 units A $6,375 Total variable costs Total fixed costs a Variable cost per unit Fixed cost per unit $2.40 Total average cost per unit Round your answer to two decimal places. Do not round any intermediate calculations.
When Addams Corporation produces and sells 4,200 units, its average costs per unit are shown in...
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variable cost per unit produced and sold
Kubin Company’s relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Amount per UnitDirect materials$7.00Direct labor$4.00Variable manufacturing overhead$1.50Fixed manufacturing overhead$5.00Fixed selling expense$3.50Fixed administrative expense$2.50Sales commissions$1.00Variable administrative expense$0.50 Required:1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?2. If 22,000 units are produced and sold, what is the variable cost per unit produced and sold?3. If 18,000 units are produced...
Schonhardt Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: Average Cost per Unit Di...
Schonhardt Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.15 Direct labor $ 3.40 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 2.80 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.40 Sales commissions $ 0.50 Variable administrative expense $ 0.40 If 5,000 units are produced, the total amount of fixed manufacturing cost...
Green Mailbox produces decorative mailboxes. The company's average cost per unit is $27.43 when it produces...
Green Mailbox produces decorative mailboxes. The company's average cost per unit is $27.43 when it produces 1,700 maiboxes. Requirements 1. What is the total cost of producing 1,700 mailboxes? 2. $22,831 of the total costs are fixed, what is the variable cost of producing each maibox? 3. Write Green Mailbox's cost equation. 4. If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1.900 mailboxes? 5. If the plant manager...
Rollins Mailbox produces decorative mailboxes. The company's average cost per unit is $26.43 when it produces...
Rollins Mailbox produces decorative mailboxes. The company's average cost per unit is $26.43 when it produces 1,600 mailboxes. Requirements 1. What is the total cost of producing 1,600 mailboxes? 2. If $21,488 of the total costs are fixed, what is the variable cost of producing each mailbox? 3. Write Rollins Mailbox's cost equation. 4 If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1,900 mailboxes? 5. If the plant...
8. Fixed cost per unit is $7 when 25,000 units are produced and $5 when 35,000...
8. Fixed cost per unit is $7 when 25,000 units are produced and $5 when 35,000 units are produced. What is the total fixed cost when nothing is produced? (4 points) a. $130,000. b. $200,000 c. $12. d. $175,000
8) If 12,500 units are produced, what is the average fixed
manufacturing cost per unit produced?
9) If 8,000 units are produced, what is the
total amount of fixed manufacturing cost incurred to support this
level of production?
10) If 12,500 units are produced, what is the total
amount of fixed manufacturing cost incurred to support this level
of production?
11) If 8,000 units are produced, what is the total
amount of manufacturing overhead cost incurred to support this
level of production? What...
When Addams Corporation produces and sells 5,200 units, its average costs per unit are shown in the table below. The company's relevant range of activity is 3,000 to 7,000 units. Average Cost per Unit $5.10 $3.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comnissions Variable administrative expense $1.40 $ 3.50 s e.6e $ 8,45 3 e.35 $8.35 Required: a. If 6,200 units are sold, what is the variable cost per...
A company's costs are shown below. What is total average cost per unit? 8,086 units A $6,375 Total variable costs Total fixed costs a Variable cost per unit Fixed cost per unit $2.40 Total average cost per unit Round your answer to two decimal places. Do not round any intermediate calculations.
When Addams Corporation produces and sells 4,200 units, its average costs per unit are shown in the table below. The company's relevant range of activity is 3,000 to 7,000 units. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 6.60 $ 3.40 $ 1.40 $ 4.50 $ 0.65 $ 0.50 $ 0.40 $ 0.40 Required: a. If 5,200 units are sold, what is...
Green Mailbox produces decorative mailboxes. The company's average cost per unit is $27.43 when it produces 1,700 maiboxes. Requirements 1. What is the total cost of producing 1,700 mailboxes? 2. $22,831 of the total costs are fixed, what is the variable cost of producing each maibox? 3. Write Green Mailbox's cost equation. 4. If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1.900 mailboxes? 5. If the plant manager...
Rollins Mailbox produces decorative mailboxes. The company's average cost per unit is $26.43 when it produces 1,600 mailboxes. Requirements 1. What is the total cost of producing 1,600 mailboxes? 2. If $21,488 of the total costs are fixed, what is the variable cost of producing each mailbox? 3. Write Rollins Mailbox's cost equation. 4 If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1,900 mailboxes? 5. If the plant...
8. Fixed cost per unit is $7 when 25,000 units are produced and $5 when 35,000 units are produced. What is the total fixed cost when nothing is produced? (4 points) a. $130,000. b. $200,000 c. $12. d. $175,000
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