Ask Question
14 August, 19:56

The cost components of a heater include $35 for the compressor, $11 for the sheet molded compound frame, and $74 per unit for assembly. The factory machines and tools cost is $55,000. The company expects to produce 1,300 heaters in the coming year. What cost function best represents these costs

+4
Answers (1)
  1. 14 August, 20:28
    0
    Total cost = 120x + 55,000

    x = nuber of units

    Explanation:

    Giving the following information:

    Variable costs::

    Compressor = $35

    sheet molded compound frame = $11

    assembly = $74

    Total = $120

    The factory machines and tools cost is $55,000.

    We need to structure the total cost formula.

    Total cost = total variable cost + total fixed costs

    Total cost = 120x + 55,000

    x = nuber of units

    In this case:

    Total cost = 120*1,300 + 55,000 = $211,000
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The cost components of a heater include $35 for the compressor, $11 for the sheet molded compound frame, and $74 per unit for assembly. The ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers