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13.SupposeLincoln Electricopens a newplantinCanada.Lincolnhires214peoplein thisplantand payseach workeran average piece work wage of $1,014.19per week. SupposeLincoln'sworkerscombinedcanproduce817welding machinesper week. What is the average product of labor for

13.SupposeLincoln Electricopens a newplantinCanada.Lincolnhires214peoplein thisplantand payseach workeran average piece work wage of $1,014.19per week. SupposeLincoln'sworkerscombinedcanproduce817welding machinesper week. What is the average product of labor for thisplant? What is the total variable cost per week?

a. 817.15; $620.55

b. 3.817; $217,036.66

c. 16.119; $4.88 per machine

d. 5.004; cannot be determined with information provided

e. 817; $828,593.23

14.What is thisLincoln'sAVERAGE variable cost of labor?

  1. $217,036.66 per week
  2. $1,014.19 per week
  3. $265.65 per machine
  4. $612.47 per machine

15. What is the total product of labor, per week, at this plant?What is the average fixed cost?

  1. 817 machines per week; $1014.19
  2. 3.817 per worker; $217,036.66
  3. 214; Not enough information provided to make this calculation.
  4. 817 machines per week; cannot be determined with information provided.

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