What is the variable cost per shovel

Assignment Help Accounting Basics
Reference no: EM131960198

Question - The Dugger Company produces shovels. If the company produces zero shovels, total cost is $1,000. If the company produces 2,000 shovels, total cost is $15,000. What is the variable cost per shovel?

A: $10.00

B: $7.00

C: $12.00

D: $4.00

Reference no: EM131960198

Questions Cloud

How would you define good citizenship : How would you define good citizenship? Do you belong to any civic organizations or attend any meetings about community/state issues?
Program of study : What are the career goals that you have established as you complete you program of study?
How in role as a manager might use motivational concepts : Develop a scenario illustrating how in role as a manager might use motivational concepts in an environment where employees are motivated and satisfied.
Determine to be the most important for the business case : Select the three that you determine to be the most important for the business case your team is developing.
What is the variable cost per shovel : If the company produces zero shovels, total cost is $1,000. If the company produces 2,000 shovels, total cost is $15,000. What is the variable cost per shovel
Positives and negatives of a franchising agreement : Think about a franchise you have worked for, or if you have never worked for a franchise, one you frequent as a customer.
What our society should be assist in dealing with the issue : Express thoughtful, reactive, practical suggestions on what our society, government should be doing to alleviate or assist in dealing with this issue you have i
What will the projected retained earnings account : A company has retained earnings of $94,000 as of December 31, 2014. What will the projected retained earnings account be as of December 31, 2015
Find at least two pieces of spam mail from any account : Find at least two pieces of spam mail from any account. whether it be home, work, school, or something else.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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