Maria sells custom made tablecloths. The table below shows her
total costs for making different amounts...
Maria sells custom made tablecloths. The table below shows her
total costs for making different amounts of her product.
a. Fill in her marginal costs at each output level
b. Assuming she sells each tablecloth for $25, fill in here
total revenue at each output level
c. Fill in her marginal revenue at each output level
d. Based only on the information in the table, what is her
profit maximizing output level
Quantity
Total Costs (TC)
Marginal Costs (MC)
Total...
The Manoli Company has collected the following data for use in
calculating product costs:
Activity Data:...
The Manoli Company has collected the following data for use in
calculating product costs:
Activity Data: (expected and actual)
rug cleaners
sweepers
total
units produced
100,000
250,000
350,000
prime costs
$200,000
$584,000
$784,000
direct labor hours 10,000
40,000
50,000
machine hours
20,000
10,000
30,000
number of setups 25
75
100
inspection hours
1,600 ...
Output (unit)
Input 1 ($)
Input 2 ($)
Input 3 ($)
Input 4 ($) ...
Output (unit)
Input 1 ($)
Input 2 ($)
Input 3 ($)
Input 4 ($)
10,000
50,000
20,000
70,000
10,000
20,000
50,000
40,000
70,000
40,000
30,000
50,000
60,000
70,000
90,000
40,000
50,000
80,000
70,000
160,000
50,000
50,000
100,000
70,000
250,000
The table shows, that the firm costs $50,000 on input 1, $20,000
on input 2, $70,000 on input 3, and $10,000 on input 4 to produce
10,000 units of output as shown on the second row.Please choose
what the...
The table below shows output, fixed, variable, and total costs
for a firm in a perfectly...
The table below shows output, fixed, variable, and total costs
for a firm in a perfectly competitive market.
Output
Fixed Cost (FC)
Variable Cost (VC)
Total Cost (TC)
Avg. Fixed Cost (AFC)
Avg. Variable Cost (AVC)
Avg. Total Cost (ATC)
Marginal Cost (MC)
0
5
0
1
7
2
10
3
9
4
19
5
25
1. Fill in the blank spaces in the fixed, variable, and total
cost columns. Also complete the AFC, AVC, ATC, and MC columns
(round...
The following table shows the amount of revenue generated by
three different companies over a three...
The following table shows the amount of revenue generated by
three different companies over a three year period of
time.
Company
Year 1
Year 2
Year 3
Brown Company
30,000
20,000
10,000
Jones Company
20,000
20,000
20,000
Smith Company
35,000
10,000
15,000
Based on this information alone Brown Company should depreciate its
long-term assets using
Multiple Choice
straight-line depreciation.
double-declining-balance depreciation.
units-of-production depreciation.
first-in-first-out depreciation.
Understanding excess capacity
The following table shows the daily cost data and demand
schedule for a...
Understanding excess capacity
The following table shows the daily cost data and demand
schedule for a typical firm producing board games in a
monopolistically competitive market in the short run.
Fill in the values in the Marginal Cost, Total Revenue, and
Marginal Revenue columns in the following table and then answer the
questions that follow.
Quantity
Price
Total Cost
Marginal Cost
Total Revenue
Marginal Revenue
Average Total Cost
(Board games)
(Dollars per game)
(Dollars)
(Dollars)
(Dollars)
(Dollars)
(Dollars)
1
12.00...
Minbari, Inc. shows the following information on its Y2019
income statement:
Sales = $480,000; Cost of...
Minbari, Inc. shows the following information on its Y2019
income statement:
Sales = $480,000; Cost of goods sold = $200,000; Depreciation
expense = $30,000; Interest expense = $50,000; Tax rate = 20%;
Dividends = $30,000. The firm issued $20,000 in new equity, and
used the amount to redeem $20,000 in outstanding long-term
debt.
3. What is the Y2019 net income of Minbari, Inc.?
$160,000.
$170,000.
$180,000.
$190,000.
4. What is the Y2019 operating cash flow (OCF) of Minbari,
Inc.?
$230,000....
XAE-2 company is reviewing the behavior of its various
activities. XAD is considering various costs. The...
XAE-2 company is reviewing the behavior of its various
activities. XAD is considering various costs. The company
manufactures two models of computers. The laptop computer (model
MX10) is a top of the line, deluxe model. The tower computer (model
DX 20) is the regular model.
The following activity data is provided:
Activity Usage Measures
Model MX10
Model DX20
Total
Units produced annually
15,000
40,000
55,000
Prime costs
$40,000
$100,000
$140,000
Machine hours
40,000
60,000
100,000
Production runs
14
6
20...
The following table depicts the daily output, price, and costs
of a monopoly shop.
Output
Price...
The following table depicts the daily output, price, and costs
of a monopoly shop.
Output
Price per unit
$
Total Costs
$
0
8
6
1
7.50
9
2
7.00
11
3
6.50
12
4
6.00
14
5
5.50
18
6
5.00
23
7
4.50
30
8
4.00
40
a Compute total revenue and total
profit at each rate.
b Determine the profit
maximization output.
c Compute marginal cost (MC) and
marginal revenue (MR) at each output rate.
d Determine...