Alerts
Wishlist
Cart
Sign In
Categories
Current Affairs & GK
Current Affairs
Show All Current Affairs & GK
eBooks
General Aptitude
Arithmetic Aptitude
Data Interpretation
Show All General Aptitude
General Knowledge
Basic General Knowledge
General Science
Show All General Knowledge
Medical Science
Anatomy
Biochemical Engineering
Biochemistry
Biotechnology
Microbiology
Show All Medical Science
Technical
Database
Digital Electronics
Electronics
Networking
Show All Technical
Verbal and Reasoning
Logical Reasoning
Verbal Ability
Verbal Reasoning
Show All Verbal and Reasoning
›
If a company has variable costs of $5 per unit and fixed costs of $2,000, what i
If a company has variable costs of $5 per unit and fixed costs of $2,000, what is the total cost for producing 500 units?
Expand All
Collapse All
Practice Questions
1 question
Q1
If a company has variable costs of $5 per unit and fixed costs of $2,000, what is the total cost for producing 500 units?
$2,500
$4,000
$5,000
$3,000
Show Solution
Copy
Total cost = (Variable cost per unit * Number of units) + Fixed costs = ($5 * 500) + $2,000 = $4,000
Questions & Step-by-step Solutions
1 item
Q
Q: If a company has variable costs of $5 per unit and fixed costs of $2,000, what is the total cost for producing 500 units?
Solution:
Total cost = (Variable cost per unit * Number of units) + Fixed costs = ($5 * 500) + $2,000 = $4,000
Steps: 8
Show Steps
Step 1: Identify the variable cost per unit, which is $5.
Step 2: Identify the number of units to be produced, which is 500.
Step 3: Calculate the total variable costs by multiplying the variable cost per unit by the number of units: $5 * 500.
Step 4: Perform the multiplication: $5 * 500 = $2,500.
Step 5: Identify the fixed costs, which are $2,000.
Step 6: Add the total variable costs to the fixed costs to find the total cost: $2,500 + $2,000.
Step 7: Perform the addition: $2,500 + $2,000 = $4,500.
Step 8: The total cost for producing 500 units is $4,500.
Related Questions
I
If a company has a net income of $250,000 and total revenue of $1,000,000, what
Question: If a company has a net income of $250,000 and total revenue of $1,000,000, what is the pro..
A
A business incurs a loss of 15% on selling a product for $425. What was the cost
Question: A business incurs a loss of 15% on selling a product for $425. What was the cost price?Opt..
I
If a product is sold for $240 after a discount of 20%, what was the original pri
Question: If a product is sold for $240 after a discount of 20%, what was the original price?Options..
I
If a company has total assets of $1,000,000 and total liabilities of $600,000, w
Question: If a company has total assets of $1,000,000 and total liabilities of $600,000, what is the..
A
A firm has a current ratio of 2:1 and current liabilities of $50,000. What are t
Question: A firm has a current ratio of 2:1 and current liabilities of $50,000. What are the current..
‹
Biology (School & UG)
Chemistry (School & UG)
Civil Engineering
Commerce & Accountancy
Computer Science & IT
Current Affairs & GK
Data Structures & Algorithms
eBooks
Electrical & Electronics Engineering
English (School)
General Aptitude
General Knowledge
General Knowledge & Current Affairs
Languages & Literature
Law & Legal Studies
Major Competitive Exams
Mathematics (School)
Mechanical Engineering
Medical Science
Physics (School & Undergraduate)
Quantitative Aptitude & Reasoning
Social Science (School)
Technical
Verbal and Reasoning
Vocational & Skill Development
›
Soulshift Feedback
×
On a scale of 0–10, how likely are you to recommend
The Soulshift Academy
?
0
1
2
3
4
5
6
7
8
9
10
Not likely
Very likely
✕
↑
