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Q: What are the total costs to buy a quantity of 15000 units per year?
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What are the total costs to make a quantity of 15000 units per year with a fixed cost of 100000 per year and a variable costs of 4.00 per unit?

Total Cost = Variable Cost + Fixed CostVariable Cost = 4 per UnitTotal Units to produce = 15000Variable Cost = 15000 * 4 = 60000Total Cost = 60000 + 100000Total Cost = 160000


What is ordering quantity?

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


What is economic order quantity?

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


How do you calculate marginal cost?

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


what the total cost formula?

Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs


What is the total cost formula?

Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs


What is Total 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.


If a firm has fixed costs of 30000 a price of 4 and a breakeven point of 15000 units the variable cost per unit is?

If you can't figure this out yourself then you don't deserve to know.


What is flexible budget equation?

Total costs = Fixed Costs + Per-Unit-Variable Cost x # Units


How many units alcohol of 75ml vodka?

You cannot determine the units of alcohol just from the quantity of the total vodka.Generally vodka has 40% alcohol in it.


Can a quantity have unit and still be diamensionless?

No, a quantity cannot have units and still be dimensionless. The dimensions of a quantity are determined by its units, so if a quantity has units, it has dimensions. Dimensionless quantities are those without any units.


What are the important differences between fixed cost and variable costs?

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.