During the past year, a firm produced 10,000 lap- top computers. Its total costs were $5 million,
Question:
During the past year, a firm produced 10,000 lap- top computers. Its total costs were $5 million, and its fixed costs were $2 million. What are the aver- age variable costs of this firm?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
LLJ Satellites: Variance Analysis and Budgeting Jack Childs is nervous about his company's future performance. The Childs family own 40% of the shares of LLJ Satellites, and generally has control...
-
This case study on project evaluation is applicable for beginning courses in corporate finance or finance strategy. Two alternative investment options are available to evaluate. Challenges are...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Below, indicated by letters, are the adjusting entries at the end of March. Prepare the required reversing entry in journal form. Account Name Debit Credit (a) 180 (b) 1,050 Prepaid Insurance...
-
Why does water in a metal canteen stay cooler if the cloth jacket surrounding the canteen is kept moist?
-
Is there a difference in the satisfaction rating of traditional cellphone providers who bill for service at the end of a month often under a contract and prepaid cellphone service providers who bill...
-
The following data are for Marvin Department Store. The account balances (in thousands) are for 2017. 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. 2. Prepare the income...
-
Top managers of OHare Products, Inc., have asked for your help in comparing the companys profit performance and financial position with the average for the industry. The accountant has given you the...
-
Suppose the consumer has a wage of $52.00 per week to spend on Goods A, B & C. The cost per unit of each of these goods is Good A: $1.00 per unit, Good B: $2.00 per unit, Good C: $4.00 per unit. Use...
-
For the firm discussed in Problem 22-4, the total cost of producing 249 units was $12,425. What was the marginal cost incurred by the firm in producing the final tablet device that month? Problem...
-
The short-run production function for a manufacturer of wireless earbuds is shown in the table below. Based on this information, answer the following questions. a. Calculate the average product at...
-
As a member of the human resources organization, you are keenly aware that your firm's engineering organization is facing critical skill issues due to retirement eligibility. Over half your engineers...
-
(a) Find a longest common subsequence (LCS) between the two sequences ZXYYZ and XYZYZ using dynamic programming. You only need to show the final contents of the dynamic programming table, the...
-
Company name - CompoSecure https://www.composecure.com/ Define Competitiveness: Select two jobs from each group (managerial/technical) and conduct a wage and salary survey.
-
Define an "ideal" project kick-off meeting? What would be covered during the meeting and who would be invited? Be creative and think through the concepts. What value does Stewardship have in a...
-
Calculate the mass of a solid gold rectangular bar that has dimensions lwh- 4.90 cm x 10.0 cm x 20.0 cm. (The density of gold is 19.3 x 10 3 kg/m 3 ).
-
The Cake Depot had a balance in their prepaid rent account of $1,320 at December 31, 2022. It was discovered through lease negotiations with the landlord that this account was overstated by $1,320....
-
What are the four important dates in regard to a cash dividend? What journal entry does the corporation make on each date?
-
Sportique Boutique reported the following financial data for 2012 and 2011. Instructions(a) Calculate the current ratio for Sportique Boutique for 2012 and 2011.(b) Suppose that at the end of 2012,...
-
Fritz has an open fire insurance policy on his home for a maximum liability of $60,000. The policy has a number of standard clauses, including the right of the insurer to restore or rebuild the...
-
In 1990, the city of Worcester, Massachusetts, adopted an ordinance that required rooming houses to be equipped with automatic sprinkler systems no later than September 25, 1995. In Worcester, James...
-
In 1990, the city of Worcester, Massachusetts, adopted an ordinance that required rooming houses to be equipped with automatic sprinkler systems no later than September 25, 1995. In Worcester, James...
-
In your own words, discuss why database normalization is important during database design...?
-
Make use of the database normalization skills learned to normalize your database to the third normalization form . You will need to organize your columns and tables to reduce data redundancy and...
-
World's leading provider of financial services is OliveandBees Inc. There are offices for the corporation in 50 different nations. The business also operates numerous distributed data warehouses all...
Study smarter with the SolutionInn App