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Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs
The question is incomplete since it does not specify the units for 15000. Are they micrograms, kilograms, tons, ounces, pounds, solar masses?
It's a question of quantity. It wants to know the total of whatever units it's asking about.
The answer will depend on the units used for 15000. And since you have not bothered to share that crucial bit of information, I cannot provide a more useful answer.
Density
Total Cost = Variable Cost + Fixed CostVariable Cost = 4 per UnitTotal Units to produce = 15000Variable Cost = 15000 * 4 = 60000Total Cost = 60000 + 100000Total Cost = 160000
The Economic Order Quantity (EOQ) is the number of units that a company should add to inventory with each order to minimize the total costs of inventory-such as holding costs, and order costs
The Economic Order Quantity (EOQ) is the number of units that a company should add to inventory with each order to minimize the total costs of inventory-such as holding costs, and order costs
Given the data on fixed and marginal Costs we require the number of units produced to ascertain the Average Total cost, from the MC we an get the TC but to calculate ATC we need the data on total quantity produced
Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs
Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs
Total variable costs are the sum of expenses which change proportionally as the price of services and goods fluctuate. The total marginal costs above produced units is also referred to as total variable costs.
Total costs = Fixed Costs + Per-Unit-Variable Cost x # Units
If you can't figure this out yourself then you don't deserve to know.
You cannot determine the units of alcohol just from the quantity of the total vodka.Generally vodka has 40% alcohol in it.
Fixed costs are costs that do not change in total as the number of units increase or decrease. Examples include rent and utilities expense, manager salaries, etc. However, since the total cost does not change, the individual unit cost does change as units increase or decrease. Variable costs are costs that change in total as the number of units increase or decrease. An example might be direct labor, which increases based on number of hours work. However, total unit cost does not change.
Well if you're given the total cost of 0 units, then that would be your fixed cost as FC doesn't vary with any change in the total output produced (quantity).