At a Production Level of 5,600 Units a Project Has

question 80

Multiple Choice

At a production level of 5,600 units a project has total costs of $89,000. The variable cost per unit is $11.20. What is the amount of the total fixed costs?

• A) $24,126
• B) $26,280
• C) $27,090
• D) $27,820
• E) $28,626

Identify different memory codes and their roles in the memory process.

Understand the purpose and functioning of the Equal Employment Opportunity Commission (EEOC).

Recognize the advantages and limitations of online and computer-based training programs.

Identify the core responsibilities and tasks of human resource managers.

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Definitions:

Average Total Cost

The total cost of production (fixed and variable costs) divided by the quantity of output produced.

Marginal Revenue

The augmented income obtained by selling one more unit of a good or service.

Marginal Cost

The increase in total cost that arises from producing one additional unit of output.

Competitive Market

A market structure characterized by a large number of buyers and sellers, such that no single participant can significantly influence price.