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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 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 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.


Can a quantity have units but still be dimensionless?

No. "Dimensionless" means there are NO units involved.


What happens to units when you take the logarithm of a quantity?

When you take the logarithm of a quantity, the units of the quantity are removed.


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


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.