Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 21, 2024

QUESTION 14 Luke Limited manufactures widgets. It has established its cost function as y=8,000 + 4x, where 8,000 is the fixed cost per month, and

QUESTION 14 Luke Limited manufactures widgets. It has established its cost function as y=8,000 + 4x, where 8,000 is the fixed cost per month, and 4 is the variable cost per widget. In the month of July Luke is planning to manufacture 4.000 widgets. What is the total expected cost for July? O a. 24,000 b. 8.000 O c. 16,000 e d. 20.000

Step 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

Recommended Textbook for

M Glichkeiten Und Grenzen Der F Rderung Verantwortlichen Handelns Von Wirtschaftspr Fern In Moralisch Relevanten Situationen Eine Theoretische Und And Accounting Studies

Authors: Catharina Schmiele

2012 Edition

383493335X, 978-3834933355

More Books

Students also viewed these Accounting questions

Question

What social media tools do marketers commonly use? The "2012 Social Media Marketing Industry Report" by Social Media Examiner (socialmediaexaminer.com) surveyed the percentage of marketers who...

Answered: 1 week ago

Question

★★★★★

Refer to the Ludeman Security Systems situation in Exercise 11-9. Suppose that Ludeman Security Systems' lawyers advise that a preliminary judgment of $300,000 has been rendered against the company....

Answered: 1 week ago

Question

★★★★★

QUESTION 14 Luke Limited manufactures widgets. It has established its cost function as y=8,000 + 4x, where 8,000 is the fixed cost per month, and 4 is the variable cost per widget. In the month of...

Answered: 1 week ago

Question

★★★★★

Evaluate the given expression and express the result using the usual format for writing numbers (instead of scientific notation). 50 C2 . . . 50 C2 =

Answered: 1 week ago

Question

★★★★★

The Bonita Zimmer Case A FINANCIAL SITUATION MINI-CASE Bonita just turned thirty years of age. She lives in a house that she purchased three years ago for $110,000, right before housing prices began...

Answered: 1 week ago

Question

★★★★★

Q.1 Enter the following transactions in cash book with cash and bank columns of Mehta Brothers 2019 Oct. 1 Cash in hand Rs.13,000 and Bank balance Rs.24,000 3 Cash sales Rs.80,000 at 10% Trade...

Answered: 1 week ago

Question

★★★★★

Standard Costs and Operating Performance Measures What are the actual hours worked? a. 1,400 b. 1,402 C. 1,598 d. 1,600 355 27. The Sta. Ana Company has a budgeted normal monthly capacity of 5,000...

Answered: 1 week ago

Question

★★★★★

Question 3 (5 marks) Pear and Apple Inc had the following balance sheets on October 30, 2017: Apple Inc Book Value Fair Value Pear Inc Cash $300,000 $80,000 $80,000 Accounts Receivable $60,000...

Answered: 1 week ago

Question

★★★★★

Pope's Garage had the following accounts and amounts in its financial statements on December: 2022. Assume that all balance sheet items reflect account balances at December 31, 2022, and t all income...

Answered: 1 week ago

Question

★★★★★

1. What particularly intrigues you about this innovation? Why do you think it is needed and might or might not work in your community?

Answered: 1 week ago

Question

★★★★★

2. In what ways might the innovation be adapted to your particular community characteristics or needs?

Answered: 1 week ago

Question

★★★★★

1. What are the major sources of stress in your life? What are the major sources of stress at work? Write down three sources of stress for which you can take some sort of action to change.

Answered: 1 week ago

Previous Question Next Question