Question: The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown PART (A) A business is trying to

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown

PART (A)

A business is trying to decide what facility to use to produce its products. In the following table you have fixed and variable costs listed for each of three facilities.

Site Fixed Cost per Year Variable Cost per Unit
1 $500.00 $11.00
2 $1,000.00 $7.00
3 $1,700.00 $4.00

Over what range of production is each location optimal? Clearly show your graph as well as specify range of production for each site. PLEASE USE EXCEL FOR THIS PROBLEM.

PART (B)

If the production is 200 units, which site is the best?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: a) After rounding to the nearest whole number, site 1 is best below units. After...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: a) After rounding to the nearest whole number, site 1 is best below units. After...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chuir aver are show Site 1 Fixed Cost Per Year $800 $1,200 $2,100 2 3 Variable Cost per Unit $10.00 $7.00 $5.00...

Q:

Question content area Part 1 The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year Variable Cost per Unit 1 $ 7 0 0...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown PART (A) A business is trying to decide what facility to use to produce its products. In...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year Variable Cost per Unit 1 2 3 Part 2 a) After rounding to the...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site 1 2 3 Fixed Cost Per Year $700 $1 200 $2.000 Variable Cost per Unit $10.00 $5.00...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site 1 Fixed Cost Per Year $700 $1,200 $2,000 Variable Cost per Unit $11.00 $5.00 $3.00...

Q:

The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver ate shown: Site 1 2 3 Fixed Cost Per Year $700 $1,200 $2,000 Variable Cost per Unit $10.00 $5.00...

Q:

The foxed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year $700 $1,000 $2,000 Variable Cost per Unit $11.00 $5.00 $4.00...

Q:

The magnetic field perpendicular to a circular wire loop 12.0 cm in diameter is changed from +0.52 T to -0.45 T in 180 ms, where +means the field points away from an observer and toward the observer....

Q:

On June 1, 2019, Kris Storey established an interior decorating business, Eco-Centric Designs. During the month, Kris completed the following transactions related to the business: 1 Kris transferred...

Q:

Which of the following is an example of the classification system used by the Auditing Standards Board? AS 2 2 0 1 ASB 2 2 0 1 AU - C 2 2 0 AICPA 2 2 0

Q:

What is an example of constructive feedback? provide reference