User Account

All Pages

Second method at the same output

Assignment Help Macroeconomics
Reference no: EM131068710

A certain product may be manufactured using two different methods as shown below.

First method, fixed costs per period are £600,000 and variable costs are £295 per unit of the product.

Second method, fixed costs per period are £765,000 and variable costs are £240 per unit of product.

Q1. Calculate the level of output for which the total costs are the same.

Q2. The total cost for the first method at output in Q1 is £1,485,000. State the total cost for the second method at the same output?

Reference no: EM131068710

Questions Cloud

What aspect of the value chain are they measuring : What are cultural norms that govern the organization, and what types of behaviors does the culture promote or punish?
Stock has an annual return mean and standard deviation : DW Co. stock has an annual return mean and standard deviation of 9 percent and 32 percent, respectively. What is the smallest expected loss in the coming year with a probability of 5 percent?
Payback period of the project : Calculate the payback period of the project in years and months.
How this situation should be handled by law enforcement : Be sure to link theory with personal opinion when explaining how this situation should be handled by law enforcement and e-business professionals.
Second method at the same output : The total cost for the first method at output in Q1 is £1,485,000. State the total cost for the second method at the same output?
Calculate the true annual rate of compound interest : Calculate how much more interest would have been earned if the interest had been compounded six-monthly at a rate of 1.8% per period. Calculate the true annual rate of compound interest if interest of 1.8% is added half-yearly.
Risk-based auditing approach in recent years : Explain why there has been an increased use of risk-based auditing approach in recent years and what advantages for the auditors from the adoption of such an approach.
Amount of depreciation : A certain equipment cost £9,500,000. It is depreciated by the equal installment method. After 3 years, its book value is £5,600,000.
Affect wages and labour productivity : Discuss how each of these options will affect wages and labour productivity, potential GDP and real GDP. Will they lead to growth in real GDP and rises in real GDP per capita? use the potential GDP and labour market diagrams in your answer.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What are some ways to collect and measure cost

What are some ways to collect and measure cost in order to perform an estimate of future values What are some of the problems experienced in collecting these data

  Describe the benefits and costs of such a sweeping trade

Describe the benefits and costs of such a sweeping trade agreement. Consider the various countries involved (you do not have to look at all of them!) and what it means for first and third world nations to join in such an agreement.

  Illustrate what would happen to the demand for iphones

Illustrate what would happen to the demand for iPhones if consumer income rises by 10%. Be specific. Are iPhones a normal or an inferior good.

  Elucidate what is the cross elasticity of demand

Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.

  Discusses the role of microfinance in poverty alleviation

The question is belongs to Economics and the question discusses the role of microfinance in poverty alleviation in Cambodia. Cambodia is a developing South East Asian country.

  Explain why jane quit her job at ibm where she earned

Jane quit her job at IBM where she earned $50,000 a year. She cashed in $50,000 in corporate bonds that earned 10% interest annually to buy a mini-bus. Jane has decided to buy the mini-bus and set up a commuter service between Lincoln and Omaha.

  Productivity levels of unionized workers

1. List four factors that likely contributed to the number of workers in the U.S. labor market belonging to unions declining so dramatically since the early 1950s. 2. Briefly compare the wage rates and productivity levels of unionized workers and n..

  Elucidate what would social security payments have used

Elucidate what would social security payments have been in 2001 if the actual rate of inflation had been used.

  What could happens to quantity sold when a price ceiling

This solution shows graphically what could happens to quantity sold when a price ceiling or a price floor is imposed.

  Compute the point price elasticity of demand

The Crank Yankers DVD season two has been a hot seller during recent weeks. An examine of weekly demand shows:

  What type of analysis in an actual business situation

a competing firm are the only sellers of a new product. You are engaged in an intense battle for initial market share. You both realize that the one who captures most of the market share will be the one who spends the most on advertising and promo..

  Monopoly profits from transfered consumer surplus

1. If a patent owners are compensated with monopoly profits from transfered consumer surplus, consumers will be compensated by greater product variety and technological innovation, while the alternative is lower prices, fewer new products, and muc..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd