Homework Answers
Total variable cost for one pizza = 5.00 + 1.00 + 0.50 = 6.50. total variable cost for 4000 pizza = 4000*6.50 = 26000
Total fixed cost = 4500 + 500 = 5000
Therefore variable cost of production is $26,000
Fixed cost of production is $5000.
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...
Suppose a pizza parlor has the following production costs: $4.00 in labor per pizza, $2.00 in...
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Suppose a pizza parlor has the following production costs: $3.00 in labor per pizza, $1.00 in...
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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...
Score: 0 of 3 pts 1 of 10 (0 complete) HW Score: 0%, 0 of 30...
Score: 0 of 3 pts 1 of 10 (0 complete) HW Score: 0%, 0 of 30 pts E6-23A (book/static) Question Help The Carrollton Buffet offers an all-you can eat buffet meal for $30 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fored costs for the restaurant are $143.000 per month when the restaurant serves meals up to 14 000 guests in that month. If the restaurant were to serve more than 14,000...
HW Score: Score: 0 of 1 pt 9 of 25 (24 complete) Text Problem 22-6 The...
HW Score: Score: 0 of 1 pt 9 of 25 (24 complete) Text Problem 22-6 The cost structure of a manufacturer of microchips is described in the table shown below. The firm's fixed costs equal $20,000 per day. Calculate the average variable cost, average fixed cost, and average total cost at each output level. (Y be rounded to the nearest cent) Output (microchips per day) Total Cost of Average Variable Cost Average Fixed Cost ($) Average Total Cost ($) Output...
IMUNIVE LI UYUI Score: 0 of 1 pt < 6 of 10 (5 complete) HW Score:...
IMUNIVE LI UYUI Score: 0 of 1 pt < 6 of 10 (5 complete) HW Score: 40%, 4 of Concept Question 3.15 Question Help The following table shows the daily relationship between the number of workers and output (Q) for a small factory in the short run, with capital held constant. Each worker costs $100 per day, and the firm has foxed costs of $75 per day. Calculate total cost (TC), marginal cost (MC), and average total cost (ATC). (Round...
The owner of Bronx Restaurant is disappointed because the restaurant has been averaging 10,000 pizza sales...
The owner of Bronx Restaurant is disappointed because the restaurant has been averaging 10,000 pizza sales permonth, but the restaurant and wait staff can make and serve 12,500 pizzas per month. The variable cost (for example,ingredients) of each pizza is $1.50. Monthly fixed costs (for example, depreciation, property taxes, business license, and manager's salary) are $11,000 per month. The owner wants cost information about different volumes so that some operating decisions can be made. Use the chart below to provide...
1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt Score: 0 of 1...
1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt Score: 0 of 1 pt P25-24A (similar to) Question Help Brinn, located in Port St. Lucie, Florida, produces two lines of electric toothbrushes: deluxe and standard. Because Brinn can sell all the toothbrushes it can produce, the owners are expanding the plant. They are deciding which product line to emphasize. To make this decision, they assemble the following data: (Click the icon to view the data.) After expansion,...
The owner of Brooklyn Restaurant is disappointed because the restaurant has been averaging 10,000 pizza sales...
The owner of Brooklyn Restaurant is disappointed because the restaurant has been averaging 10,000 pizza sales per month, but the restaurant and wait staff can make and serve 12,500 pizzas per month. The variable cost or example, ingredients) of each pizza is $1.50. Monthly fixed costs (for example, depreclation, property taxes, business license, and managers salary) are $11,000 per month. The owner wants cost information about different volumes so that some operating decisions can be made Read the requirements. Requirement...
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...
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...
Score: 0 of 3 pts 1 of 10 (0 complete) HW Score: 0%, 0 of 30 pts E6-23A (book/static) Question Help The Carrollton Buffet offers an all-you can eat buffet meal for $30 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fored costs for the restaurant are $143.000 per month when the restaurant serves meals up to 14 000 guests in that month. If the restaurant were to serve more than 14,000...
HW Score: Score: 0 of 1 pt 9 of 25 (24 complete) Text Problem 22-6 The cost structure of a manufacturer of microchips is described in the table shown below. The firm's fixed costs equal $20,000 per day. Calculate the average variable cost, average fixed cost, and average total cost at each output level. (Y be rounded to the nearest cent) Output (microchips per day) Total Cost of Average Variable Cost Average Fixed Cost ($) Average Total Cost ($) Output...
IMUNIVE LI UYUI Score: 0 of 1 pt < 6 of 10 (5 complete) HW Score: 40%, 4 of Concept Question 3.15 Question Help The following table shows the daily relationship between the number of workers and output (Q) for a small factory in the short run, with capital held constant. Each worker costs $100 per day, and the firm has foxed costs of $75 per day. Calculate total cost (TC), marginal cost (MC), and average total cost (ATC). (Round...
1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt Score: 0 of 1 pt P25-24A (similar to) Question Help Brinn, located in Port St. Lucie, Florida, produces two lines of electric toothbrushes: deluxe and standard. Because Brinn can sell all the toothbrushes it can produce, the owners are expanding the plant. They are deciding which product line to emphasize. To make this decision, they assemble the following data: (Click the icon to view the data.) After expansion,...
The owner of Brooklyn Restaurant is disappointed because the restaurant has been averaging 10,000 pizza sales per month, but the restaurant and wait staff can make and serve 12,500 pizzas per month. The variable cost or example, ingredients) of each pizza is $1.50. Monthly fixed costs (for example, depreclation, property taxes, business license, and managers salary) are $11,000 per month. The owner wants cost information about different volumes so that some operating decisions can be made Read the requirements. Requirement...
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