Given marginal cost function Mc=100+0.004q Calculate the marginal cost of production At 2500 5000 7500 Units of

Fantastic news! We've Found the answer you've been seeking!

Question:

Given marginal cost function

Mc=100+0.004q

Calculate the marginal cost of production

2500
5000
7500

Units of production

Related Book For answer-question

Managerial Accounting

ISBN: 978-1453375716

2nd edition

Authors: Kurt Heisinger, Joe Ben Hoyle

See More Books

Posted Date: May 27, 2021 04:44 PM

See More Questions

For a particular item the usage is 2000 units per year, the ordering cost is $10, the inventory carrying cost is 20% and the unit cost is $5. The economic order quantity is (stated in unit): 20 units...
The included spreadsheet titled Assignment2Data.xlsx contains data on the costs for a sample of small agri-businesses in Kansas. Use it to answer the following questions. The table shows each farms...
What are the three stages of production at Coca-Cola, and what account is used to track production costs for each stage?
ME-1" Ltd. acquired 80% equity shares of You-2nd Ltd. on 30/04/2020 for a cost of GHS60,000. At that time the general reserves were GHe6,000 respectively.
What conditions must be met for an award to qualify for an exclusion under Sec. 74?
A realtor is trying to sell a large piece of property. She believes there is a 0.90 probability that the property will be sold in the next 6 months if the local economy continues to improve...
Im gathering some information about the sales/collection process and how it is supposed to work. Okay?
In recent years, Freeman Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus,...
1. A clothes dryer rates at 4000 W runs for 1.50 hours each day. it uses utility power at 240 V. how much current does the dryer use? 2. For the clothes dryer in the previous question, how much does...
The worker shown below is grinding down the sharp metal edges resulting from punching out the metal frame for HP printers. The printer weighs 15 lbs and the standard time for her job is 0.2 min. a)...
An accounting basis refers to the time that transactions are recorded for VAT purposes. This is done for the purposes of determining the VAT liability. The time of supply rule is used to determine...
You finance the purchase of a $104,880 Porsche 911 Carrera Coupe for $1,199 per month for 36 months plus $7,199 down today and an additional final payment of $65,025.60 at the end of the 36 months....
the portfolio has 30% of its value in kool aid shares and the rest in BIUSk. The volatility of Kool aid and BIUSk are 25% and 33%, respectively, and the correlation between Kool aid and BIUSk is 0.6....
Suppose a firm's operating cash flows is estimated to be $10 million, its fixed capital investment is at $2.5 million, and its investment in net working capital is currently at $1.0 million. Its...
Find the Thevenin equivalent with respect to terminals a, b in the following circuit. (50 Points) 250/0 V 20 10 w 50 w a + 0.03V -j100 F. A. Z 100-j100 VT 500-53.13 V = 'Th = Th b
Alexandra bought textbooks and notebooks at the bookstore. The number of notebooks she bought was four more than the number of textbooks. If the total number of notebooks she bought was 7, how many...
Question 3 Suppose the Atlanta Falcons win the Super Bowl. At the same time, the wages of workers who make Falcons baseball caps increase. What effect will these changes have on the equilibrium price...
What is your opinion of advertising awards, such as the Cannes Lions, that are based solely on creativity? If you were a marketer looking for an agency, would you take these creative awards into...
Brenner Company expects to incur $3,000,000 in manufacturing overhead costs this year. During the year, it expects to use 50,000 direct labor hours at a cost of $600,000 and 80,000 machine hours....
Why is it important for movie studios to have accurate costs for each movie produced?
Dirt Bikes, Inc., produces custom motorized dirt bikes. Each dirt bike is built to customer specifications. During April, its first month of operations, Dirt Bikes began production of three customer...
The Milham Theatre Club has been in existence for a number of years. Members pay an annual subscription of 15 which entitles them to join trips to professional productions at a reduced rate. On 1...
The accounting records of the Happy Tickers Sports and Social Club are in a mess. You manage to find the following information to help you prepare the accounts for the year to 31 December 2015. (1)...
A business both buys loose tools and also makes some itself. The following data is available concerning the years ended 31 December 2014, 2015 and 2016. You are to draw up the Loose Tools Account for...

Given marginal cost function Mc=100+0.004q Calculate the marginal cost of production At 2500 5000 7500 Units of

Question:

Expert Answer:

Solution Mc 1000004q Given Marginal production costs ... View the full answer

Managerial Accounting

Students also viewed these economics questions