What would be the total variable inspection cost

Assignment Help Business Economics
Reference no: EM132119176

Erkkila Inc. reports that at an activity level of 6,400 machine-hours in a month, its total variable inspection cost is $423,680 and its total fixed inspection cost is $154,368.

What would be the total variable inspection cost at an activity level of 6,700 machine-hours in a month? Assume that this level of activity is within the relevant range.

$423,680

$443,540

$161,604

$578,048

Reference no: EM132119176

Questions Cloud

Consensus on key macroeconomic issues : Can someone help me with this. Is there a consensus on key macroeconomic issues? What you think are the main areas of both agreement and disagreement in macroec
What is the secret to their success : Choose a company that values organization culture. Describe what the company did to make its culture better overall, not just a better place to work.
Agreement and disagreement in macroeconomics : What you think are the main areas of both agreement and disagreement in macroeconomics.
What was ending inventory and cost of goods sold : During the year, 235 bicycles were sold at a price of $1,500 each. What was ending inventory and cost of goods sold on 12/31 under the LIFO cost flow assumption
What would be the total variable inspection cost : What would be the total variable inspection cost at an activity level of 6,700 machine-hours in a month? Assume that this level of activity is within
Skateboards at an average price : During the past year, they sold 4,000 of these skateboards. The company believes that the price elasticity for this product is about - 2.5.
Describe the main sections on the general fund balance sheet : Describe the main sections on the General Fund Balance Sheet and identify one account that would appear in each section
Equation for a demand curve : The equation for a demand curve has been estimated to be Q = 100 - 10P + 0.5Y, where Q is quantity, P is price and Y is income. Assume P = 7 and Y = 50.
Identify the components of an information system : Identify the components of an information system (IS) using the five-component framework, and provide a brief summary of each.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd