_ A Fixed Cost is: O The ratio of total cost to total quantity of output 0 The market value of an asset at the end of its life less its disposal costs 0 The incremental cost of producing one more unit of output 0 Any cost that doesn't vary with Economies of Scale 0 Any cost that doesn't vary with the sales volume D Question 2 1 pts If the 3rd unit of a series of 8 units took 5 hours to produce, how long will it take to produce the 7th unit if a 60% learning curve is in effect? D Question 3 0 pts D Question 11 0 pts Answer the follow 2 questions using the data provided from Beats By Dre Inc. which produces 2 types of headphones: High-End and Low-End. The following 2 tables give pertinent information about these 2 products. The Traditional Overhead information: m The activity-based costing provided the following more detailed information for the cost above: mm-m- 4 [Em 500hours 1 Material Handlin m $700000 . Q12: What is the Cost per Unit of High-End if the company uses traditional overhead allocation based on direct labour hours (To hundredth decimal). . Q13: What is the Cost per Unit of High-End if the Company uses Activity-Based Costing to allocate the overhead (to hundredth decimal). Placeholder to upload work: Upload Choose a File D Question 12 2 pts What is the Cost per Unit of High-End if the company uses traditional overhead allocation based on direct labour hours (To hundredth decimal). D Question 13 2 pts What is the Cost per Unit of High-End if the Company uses Activity-Based Costing to allocate the overhead (to the hundredth decimal)? Quiz saved at 1:43pm Submit Quiz Answer the next 3 questions based on the following information: The total cost equation for producing X widgets is given by TC = $2,000 + $6( ). . Question 4: The marginal cost per widget {cost increase for every new unit) at a production level of 300 units is? . Question 5: The average cost per widget for producing 400 widgets is? . Question 6: The average cost per widget for producing 800 widgets is? Placeholder to upload work: Upload Choose a File D Question 4 1 pts The marginal cost per widget (cost increase for every new unit) at a production level of 300 units is? Question 5 1 pts The average cost per widget for producing 400 widgets is? Question 6 1 pts The average cost per widget for producing 800 widgets is? Question 7 0 pts Answer the next 3 question based on the following information: Product X is sold for $500 per unit. The total cost of production per year, including the capital recovery is given by the expression: TC = 0.04n3 700n + 50,000 Where n is the number of units sold and TC is the total cost of all xed and variable costs. Question 6 1 pts The average cost per widget for producing 800 widgets is? Question 7 0 pts Answer the next 3 question based on the following information: Product X is sold for $500 per unit. The total cost of production per year, including the capital recovery is given by the expression: TC = 0.04n3 700n + 50,000 Where n is the number of units sold and TC is the total cost of all xed and variable costs. Determine: - Question 8: The value of n that maximizes prot . Question 9: The maximum prot for a year - Question 10: The xed cost per year Placeholder to upload work: Upload Choose a File D Question 8 1 pts What is the value of n that maximizes profit? D Question 9 1 pts What is the maximum profit for a year? D Question 10 1 pts What is the fixed cost per year