In​ 2011, the fixed costs of a company were​ $500,000, and its variable costs equaled​ $150,000. In​ 2010, the company made an annual profit of​ $200,000. It has been predicted​ that, despite a steady​ growth, the​ company's variable costs will likely equal​ $300,000 by 2013. The total costs of the company in 2011 were​ ________.

1 answer
Question:

In​ 2011, the fixed costs of a company were​ $500,000, and its variable costs equaled​ $150,000. In​ 2010, the company made an annual profit of​ $200,000. It has been predicted​ that, despite a steady​ growth, the​ company's variable costs will likely equal​ $300,000 by 2013. The total costs of the company in 2011 were​ ________.

Answers

Answer:$650,000Explanation:The total cost of a company may be grouped into fixed and variable cost. The fixed cost remains constant at a given range of activity levels while the variable cost increases proportionately as the level of activities. The total variable cost is the product of the unit variable cost and the number of units produced.Hence, total cost in 2011= $500,000 + $150,000= $650,000

Similar Solved Questions

1 answer

What contributed to James Oglethorpe's interest in creating a new colony? Check all that apply. He was a philanthropist who wanted to help people. He wanted to address the issue of poverty in Britain. He wanted to send missionaries to convert American Indians. He wanted to protect his plantations in South Carolina. He hoped to provide British citizens with opportunities for land and work.

What contributed to James Oglethorpe's interest in creating a new colony? Check all that apply. He was a philanthropist who wanted to help people. He wanted to address the issue of poverty in Britain. He wanted to send missionaries to convert American Indians. He wanted to protect his plantations in...
2 answers

What is the value of the function at x = 2?

What is the value of the function at x = 2?...
2 answers

* 6. Determine the Rate of Change in the graph below.

* 6. Determine the Rate of Change in the graph below....
1 answer

ANOTHER ONE BESTIES< NO LINKS PLS! Bob's Gift Shop sold 750 cards for Mother's Day. One salesman, Daniel, sold 4% of the cards sold for Mother's Day. How many cards did Daniel sell?

ANOTHER ONE BESTIES< NO LINKS PLS! Bob's Gift Shop sold 750 cards for Mother's Day. One salesman, Daniel, sold 4% of the cards sold for Mother's Day. How many cards did Daniel sell?...
1 answer

CAN SOMEONE PLEASE HELP ME EXPLAIN THIS THIS IS DUE TOMORROW AND I STILL HAVEN'T TURNED IT IN.I NEED TO EXPLAIN IT,

CAN SOMEONE PLEASE HELP ME EXPLAIN THIS THIS IS DUE TOMORROW AND I STILL HAVEN'T TURNED IT IN.I NEED TO EXPLAIN IT,...
1 answer

Hey if your good at Spanish PLEASE PLEASE PLEASE go help my friend hes being timed and really needs help the link to his q will be in the comments:)) PLEASE GO HELP HIM!!!! <3

hey if your good at Spanish PLEASE PLEASE PLEASE go help my friend hes being timed and really needs help the link to his q will be in the comments:)) PLEASE GO HELP HIM!!!! <3...
1 answer

(1.7 x 10^4) x (8.5 x 10^-2) give your answer in standard form

(1.7 x 10^4) x (8.5 x 10^-2) give your answer in standard form...
2 answers

Which of the following best describes (x + 6)(x – 6)

Which of the following best describes (x + 6)(x – 6)...
2 answers

If 9 is subtracted from a number, the result is 5. find the number .

if 9 is subtracted from a number, the result is 5. find the number ....
2 answers

Will give brainiest lol

Will give brainiest lol...
1 answer

Submit a 4–5 paragraph essay that compares and contrasts 1973 Nixon Press Conference Video & Transcript and President Richard M. Nixon: Re-election, Second Term, and Watergate. Draw conclusions from both texts to make your points. Support your statements with quotations and evidence from the texts. Write using clear and varied sentences.

Submit a 4–5 paragraph essay that compares and contrasts 1973 Nixon Press Conference Video & Transcript and President Richard M. Nixon: Re-election, Second Term, and Watergate. Draw conclusions from both texts to make your points. Support your statements with quotations and evidence from the t...
1 answer

There are 13 marbles in each package.65 marbles way 500h what is the weight of the package of marbles​

there are 13 marbles in each package.65 marbles way 500h what is the weight of the package of marbles​...
1 answer

For a National Junior Honor Society Induction Celebration, Ahmed is renting tables and chairs. He wants to have only tables for 4 and tables for 6. The total number of people that can be seated in the school cafeteria with these tables is 160. Write an equation to represent the situation. Let x represent the number of 4 seat tables and y represent the number of 6 seat tables.

For a National Junior Honor Society Induction Celebration, Ahmed is renting tables and chairs. He wants to have only tables for 4 and tables for 6. The total number of people that can be seated in the school cafeteria with these tables is 160. Write an equation to represent the situation. Let x rep...
2 answers

A part of the body that is specialized for a certain function and made of groups of tissues is called a(n) _[blank]_. cell organelle organ system organ

A part of the body that is specialized for a certain function and made of groups of tissues is called a(n) _[blank]_. cell organelle organ system organ...
1 answer

How are ex nihilo stories different from earth diver stories?

How are ex nihilo stories different from earth diver stories?...
1 answer

??????????????????????????!!

??????????????????????????!!...
1 answer

If you are traveling at 75 km/h how long will it take to travel 32 km?

if you are traveling at 75 km/h how long will it take to travel 32 km?...
2 answers

Good night India and good morning USA​

Good night India and good morning USA​...
1 answer

Why does fermetion tank has sealed?​

why does fermetion tank has sealed?​...

-- 0.033193--