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reere Geoffrey's Glassworks makes glass flanges for scientific use Materials cost $2 per flange, and the glass blowers are paid a wage rate of $22
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Geoffrey's Glassworks makes glass flanges for scientific use Materials cost $2 per flange, and the glass blowers are paid a wage rate of $22 per hour. A glass blower blows 10 flanges per hour. Fixed manufacturing costs for flanges are $22,000 per period. Period (nonmanufacturing) costs of flanges are $17,000 per period, and are fixed Requirements Graph the fixed, variable, and total manufacturing cost for flanges using units (number of flanges) on the x-axis (the horizontal axis). Assume Geoffrey's Glassworks manufactures and sells 5,000 flanges this period Its competitor. Flora's Flasks, sells flanges for $8.00 each. Can Geoffrey sell below Flora's price and still make a profit on the flanges? How would your answer to requirement 2 differ if Geoffrey's Glassworks made and sold 11,000 flanges this period? Why? What does this indicate about the use of unit cost in decision makingStep by Step Solution
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