Solved: Total cost function-total cost for the month, Accounting Basics

Total cost function-total cost for the month

If I have this expenses:

telephone $50 fixed
utilities $260 fixed (25% for the garage and 75% for the house
advertising $75 fixed
insurance $80 fixed
materials $7,500 variable (for 5 computers)
labor $1,800: ($1,300 fixed plus $500 for hours assembling computers)

How a can compute the TOTAL COST FUNCTION and the TOTAL COST FOR THE MONTH?

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Accounting Basics: Total cost function-total cost for the month

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Solution Preview :

Prepared by a verified Expert

Accounting Basics: Total cost function-total cost for the month

Reference No:- TGS01739924

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Accounting changes and errors

Q : Cash to accrual accounting

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Q : Total cost function-total cost for the month

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Q : Maximizing total company income

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Solution Preview :

Prepared by a verified Expert

Accounting Basics: Total cost function-total cost for the month

Reference No:- TGS01739924

Recent Questions Asked Accounting Basics

Q : Accounting changes and errors

Q : Cash to accrual accounting

Q : Investment in a held-to-maturity security

Q : Calculating the operating income

Q : Total cost function-total cost for the month

Q : Breakeven analysis-aviation maintenance company

Q : Maximizing total company income

Q : Write off the cost value or book value

Q : Communication of economic events

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