Homework answers / question archive / It costs a company $35,000 to produce 500 graphing calculators

It costs a company $35,000 to produce 500 graphing calculators

Accounting

Share With

It costs a company $35,000 to produce 500 graphing calculators. The company's cost will be $35,080 if it produces an additional graphing calculator. If the company produces 501 graphing calculators then:

a) Its average cost is greater than its marginal cost,

b) Its average cost and its marginal cost are equal,

c) Its average cost is less than its marginal cost,

d) This cannot be determined from the information given.

Option 1

Low Cost Option

Download this past answer in few clicks

2.88 USD

PURCHASE SOLUTION

Already member? Sign In

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 3 times

Completion Status 100%

View Answer

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)

Related Questions

Internal Insights Inc
1The detailed statement of comprehensive income of Shox Pty Ltd for year end 31 March 2020 contains the following account headings Salaries R10 186 241 Your fellow trainee who thinks he knows everything tells you that the assertions pertaining to this account heading are as follows Valuation salaries are presented at the gross amount less deductions Existence the salary earners to whom the R10 186 241 was paid all existed at financial position date
O39Neil Enterprises produces a line of canned soups for sale at supermarkets across the country
ABC Inc39s noncallablesemiannualbonds currently sell for 1160
1 Baltimore Company39s complete assets and liabilities are Accounts Receivable 800 Equipment 10000 Accounts Payable 4200 Prepaid Rent 2000 Supplies 400 Bank Loan 3750 and Tools 300
The Lakeshore Hotel39s occupancydays and custodial supplies expense over the last seven months were as follows OccupancyDays Expense March960015480 April980015640 May1270018260 June2050024200 July2820030360 August1960022130 September1590019870 Occupancydays are a measure of the overall activity at the hotel
the main decisions in financial management do not include a the investment decision b the dividend policy
The following financial information isfor Chesapeake Corporationarefor the fiscal years ending 2018 amp 2017 all balances are normal ItemAccount 2018 2017 Cash 35000 24000 Accounts Receivable 56000 52000 Inventory 44000 48000 Current Liabilities 76000 42000 Net Sales all credit
The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31 2020 1 100 points 1 Beginning balances were Cosh 598000 Toxes Receivable S197000 Accounts Payable 56000 and Fund Balance 239000 2
Unit 3Gross Income Inclusions Discussion Throughout this course many discussion opportunities come up where you need to respond to other people39s opinions and comments

menu