Respuesta :
Fixed cost : The type of cost that will stay the same regardless how much products you created.
Cost per unit for 80 widgets : 8000/80 = $1,000
Cost per unit for 100 widgets: $10,000/100 = $1,000
In this case, the fixed cost is 0.
Marginal Cost
Change in Total Cost / Change in Quantity produce
= ($10,000 - $ 8,000) / (100 -20)
= $ 2,000/20
= $1,000
Cost per unit for 80 widgets : 8000/80 = $1,000
Cost per unit for 100 widgets: $10,000/100 = $1,000
In this case, the fixed cost is 0.
Marginal Cost
Change in Total Cost / Change in Quantity produce
= ($10,000 - $ 8,000) / (100 -20)
= $ 2,000/20
= $1,000
Answer:
Fixed cost per widget is $0 and marginal cost per widget is $100
Step-by-step explaination:
Given that xyz widget factory can produce 80 widgets in a day at a total cost of $8,000 and also it can produce 100 widgets a day at a total cost of $10,000.
Now, we have to find company's daily fixed costs and marginal cost per widget.
the points are (80, 80,000) & (100, 10,000)
the equation can be written as [tex]y-y'=\frac{y_{2}-y_{1}}{x_{2}-x_{1}} (x-x')[/tex]
⇒ [tex]y-8000=\frac{10,000-8,000}{100-80} x-80[/tex]
⇒ [tex]y-8000=100x-8000[/tex]
⇒ y=100x + 0
& by comparing with [tex]y= (marginal\thinspace cost)x + (fixed\thinspace cost)[/tex], we get
The company's daily fixed costs and marginal costs are $0 and $100 resp.
