The total fixed cost, total variable cost, and total cost curves are shown for a company that produces custom baseball gloves. Cost (5) 800 750 700 650 600 550 500 450 400 350 300 250 200 150 100 TC TVC

Q: Total fixed cost is $300 and total variable cost is $700 Calculate total cost

A: The given information is as follows:- Total fixed cost = $300 Total variable cost = $700 We have to…

Q: Find total cost if fixed cost and variable cost are $300 and $100 respectively

A: The data presented in the question above is:- Fixed cost of firm = $300 Variable cost of firm = $100…

Q: Calculate explicit cost given:- Accounting profit = $6600 Total revenue= $10,000

A: The data presented in the question above is:- Accounting profit = $6600 Total revenue= $10,000 Using…

Q: The fixed cost of a firm is $4000 and variable cost is $2000 what would be the total cost of the…

A: The total cost of a firm is all costs that a firm bears whether it is fixed cost or variable cost.…

Q: Find variable cost if total cost and total fixed cost are $440 and $80 respectively

A: The information being given is:- Total cost = $440  Total Fixed cost = $80 We have to calculate…

Q: True or False Total cost can increase as a result of an increase in variable cost.

A: Total cost It refers to all of the costs and expenses incurred throughout the manufacturing process.…

Q: Find the total cost if the fixed cost are 1300 and the variable cost are 1200

A: The monetary worth of goods and services purchased by producers and consumers is referred to as cost…

Q: Find the average fixed cost when the total fixed cost is 156 and the number of quantity is 12 units?

A:

Q: If fixed cost is half the value of variable cost and variable cost is $2200 Find total cost

A: The data presented in the question is as follows:- Variable cost = $2200 Fixed cost is half of…

Q: TC = 81 + 16Q + 3Q2 What is the average variable cost when 10 units are produced?

A: Total cost is sum of fixed cost and variable cost. Fixed cost is the cost which is not dependent on…

Q: Identify a fixed cost

A: A fixed cost is referred to as the cost which would not change due to an increase or decrease in the…

Q: If total cost is $600 and output is 10 units Calculate average cost

A: According to the above mentioned question, we have:- Total cost= $600 Output = 10 units  Average…

Q: The Jones Company has the following cost schedule:   Output Total Cost (Units) (OMR)     0…

A: Table Output(1) TC(2) MC(3) FC(4) AFC(5) VC(6) ATC(7) AVC(8) 0 3000 -…

Q: Calculate the total cost if average total cost is $35 and the unit of output is 22 units

A: The Given information is as follows:- Average total cost of the firm = $35 Units of output = 22…

Q: Find total cost if average cost is $31 and the output is 60 units

A: The data presented in the question above is:- Total cost is to be calculated using information given…

Q: The 55,000 profit seems to be inaccruate

A: Cost refers to the value of money that a firm had to spend to manufacture its products or services.…

Q: Calculate the value of total cost if variable cost is $320 and fixed cost is $110

A: The given information is as follows:- Total variable cost = $320 Fixed cost = $110 We have to…

Q: Find average cost if output produced is 24 units and the total cost is $8700

A: The data presented in the question above is:- Output produced by firm = 24 units  Total cost = $8700…

Q: If total cost is $370 Find the value of total fixed cost if total variable cost is $210

A: According to the above given question, the values given are:- Total cost = $370 Total fixed cost = ?…

Q: Average cost is $30 and the total cost is $900 Calculate the output

A: Average cost is the per unit cost of producing an output.

Q: Calculate variable cost if total cost is $400 and fixed cost is $120

A: The given information is as follows:- Total cost = $400  Fixed cost = $120  We need to find the…

Q: TC 400+ 150Q -3Q2 +0.02Q3 400 Based on this equation, find total fixed cost calculate total fix cost

A: The cost is defined as the expenditure that a firm or business has to bear on producing a good or…

Q: The value of average cost is $20 Calculate the value of total cost when the total units are 6 units

A: # The formula for average cost is given as:- Average cost = Total cost / Output

Q: Calculate total cost if fixed cost is $100 and the variable cost is $210

A: According to the above given question the values given to us are:- Fixed cost of the firm = $100…