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Find the variable cost of an airplane
Tom Terry manufactures an intricately detailed plastic and metal toy airplane. The following unit cost data pertain to the unit cost of an airplane:
Direct materials $ 5.00Direct labor 12.00Manufacturing overhead (50% fixed) 10.00Total manufacturing costs $27.00Please show work:
Assume that the airplane can be purchased from an outside supplier. What is the relevant unit cost for this make-or-buy decision?
a. $5b. $17c. $27d. $22e. none of the above. Please provide the correct answer.
Suppose that the software market currently has one firm operating -Microhard. What contract should be writen between the bank and Newvel?
A firm uses a single plant with costs C = 160 + 16Q + .1Q 2 and faces the price equation-Find the firms profit maximizing price and quantity. What is its profit?
The intent of this week exercise is to familiarize with EXCEL and to gain experience and practice in interpreting the output generated by most statistical packages (EXCEL) when linear regressions are run on a set of data.
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Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.
After her final exam this semester, Sylvia must drive from her school in Philadelphia to her home in upstate New York-What are Sylvia's expected .ne, expected wealth, and expected utility if she travels through PA?
Explain why should you, as a future employe, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s.
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