Marginal Cost The total weekly cost (in dollars) incurred by Lincoln Records in pressing x compact discs is given by the following function C ( x ) 2000 2 x 0 0001 x 2 (0 x 6000)(a)What is the actual cost incurred in producing the1101st and the2021st disc (Round your answers to the nearest cent ) 1101st disc$ 2021st disc$

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 09, 2024

Marginal Cost The total weekly cost (in dollars) incurred by Lincoln Records in pressing x compact discs is given by the following function. C (

Marginal Cost The total weekly cost (in dollars) incurred by Lincoln Records in pressingxcompact discs is given by the following function.C(x) = 2000 + 2x0.0001x² (0x6000)(a)What is the actual cost incurred in producing the1101st and the2021st disc? (Round your answers to the nearest cent.)

1101st disc$ ----------------

2021st disc$---------------

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Recommended Textbook for

The Company Valuation Playbook Invest With Confidence

Authors: Charles Sunnucks

1st Edition

1838470816, 978-1838470814

Students also viewed these Mathematics questions

Question

★★★★★

The units of an item available for sale during the year were as follows: There are 24 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the...

Answered: 1 week ago

Question

★★★★★

What action is required when it is discovered that a five-year insurance premium payment of $50,000 two years ago was debited to insurance expense? (Ignore taxes.)

Answered: 1 week ago

Question

★★★★★

Social Needs Visit www.mhhe.com/waitley5e for a link to a news release from the American Psychological Association that discusses the need for belongingness. Read the article, then answer these...

Answered: 1 week ago

Question

★★★★★

Jacobs Overhead Doors reports the following financial information: Assets ............$ 45,800 Liabilities ............ 15,230 Common Stock ......... 28,700 Dividends ........... 7,000 Revenues...

Answered: 1 week ago

Question

★★★★★

Q 8.53: Juniper Jumpers Inc. had the following sales and net income information for their three years of operation: Sales (units) Absorption costing net income Year 1 78,000 $ 20,134 Year 2 78,000 $...

Answered: 1 week ago

Question

★★★★★

Click Submit to complete this assessment. Question 25 Positive working capital for a firm implies that current assets are partially financed by long-term financing fixed assets are partially financed...

Answered: 1 week ago

Question

★★★★★

Post an explanation of how identity, privilege, power, and oppression influence professional practice based on Janet Helms's explanation in the Microtraining Associates video. Then explain the...

Answered: 1 week ago

Question

★★★★★

VWX Inc., has sales of $500,000, net income of $80,000, dividend payout of 50%, total assets of $700,000 and target debt-equity ratio of 1.5. If the company grows at its sustainable growth rate in...

Answered: 1 week ago

Question

★★★★★

Because a mother does not want to "spoil" her new born baby. She feeds and takes care of her baby's physical needs when she thinks the baby needs care, not when the baby cries to indicate their...

Answered: 1 week ago

Question

★★★★★

Application of Core Conflictual Relationship Theme (CCRT) Therapy to counselling immigrants and refugees Evidence understanding of applying a contemporary psychodynamic theory which can be modified...

Answered: 1 week ago

Question

★★★★★

Which of the following features of "There Will Come Soft Rains" does not reflect postmodernism? A . Its pastiche characteristics and blending of genres: elements of satire, speculative fiction,...

Answered: 1 week ago

Question

★★★★★

1.What is the doctrine of stare decisis ?What is its significance in the common law tradition?

Answered: 1 week ago

Question

★★★★★

Using the same data found in 5-12, assume the company uses the FIFO method. Required: Prepare a schedule of equivalent units, and compute the unit cost for the month of October.

Answered: 1 week ago

Question

★★★★★

Norton Parts, Inc., manufactures fenders (plastic or metal, depending on the plant) for au tomobiles. Each fender passes through three processes; Molding, Drilling, and Painting. In July, the Molding...

Answered: 1 week ago

Question

★★★★★

Tasty Bread makes and supplies bread throughout the state of Kansas. There are three types of bread produced: loaves, rolls, and buns. Seven operations describe the produc tion process. a. Mixing:...

Answered: 1 week ago

Previous Question Next Question