Solution-What is the marginal cost

What is the marginal cost

Assignment Help Managerial Accounting

Reference no: EM133108779

Question - The following data are provided:

Number of units produced	Total cost	Average costs
10	320,000
11	322,000
12	325,000
13	329,000
14	334,000
15	340,000

Required -

a. Fill in the space for the average cost

b. What is the marginal cost between the 13th and the 14th unit?

c. Suppose an order arrives for a 16th unit and the total cost amounts to 350,000, will you accept the order? Why or why not?

Reference no: EM133108779

Questions Cloud

Improvement of the people-organisation relationship : Understanding the practice of management by looking at management tasks and the impact of the environment - improvement of the people-organisation relationship

Importance of mission and vision statements : Mission and vision statements are developed by organizations to tell the general public and their stakeholders what the organization's goals are for their busin

How many customers spent less than or equal : A store has recorded customer sales ($) for a sample of recent sales, How many customers spent less than or equal to $300

What are the employability skills : 1) What are the employability skills that you would expect of your employee?

What is the marginal cost : Question - The following data are provided: What is the marginal cost between the 13th and the 14th unit

Describe a variety of methods : Briefly describe a variety of methods that might be appropriate for gathering and documenting detailed information about all aspects of a child's development ov

Effective way of appraising performance : 1. Provide a selection test that is suitable for customer operation agent. Explain in as much detail as possible, what are the main points of strength of the te

What is the residual number of television sold : Say, in one particular week, this store sold 62 televisions that had a price of $2827. What is the residual number of television's sold for a price of $2827

Implementing a job fair at a local college : Build a business case and strategy around implementing a job fair at a local college and/or university following the Campus Recruitment Strategy Guide.

User Account

All Pages

What is the marginal cost

Reference no: EM133108779

Reference no: EM133108779

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT