Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hello, I have successfully added my answers but I am not sure if they are correct, if they are incorrect, I am asking that you
Hello, I have successfully added my answers but I am not sure if they are correct, if they are incorrect, I am asking that you help me please, thank you.
Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost ( Dozens of pizzas) (Dollars) (Dollars) 280 320 40 350 70 380 100 420 140 470 190 530 250 The pizzeria's fixed cost is $475 Complete the third column of the following table by calculating the marginal cost per dozen pizzas using the information on total cost. Then complete the final column by calculating the marginal cost per dozen pizzas using the information on variable cost. Quantity Total Cost Marginal Cost Variable Cost Marginal Cost Using Total Cost Using Variable Cost (Dozens of pizzas) (Dollars) ( Dollars (Dollars) (Dollars) 0 280 0 30 20 320 40 74 15 WNH 350 70 65 64 380 100 100 78 420 140 18 53 470 190 42 27 530 250 True or False: It doesn't matter whether you compute marginal cost using total cost or variable cost. O True FalseStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started