In a slow year, Deutsche Burgers will produce 2.500 million hamburgers at a total cost of...

In a slow year, Deutsche Burgers will produce 2.500 million hamburgers at a total cost of $3.600 million. In a good year, it can produce 4.100 million hamburgers at a total cost of $4.700 million. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place.) b. What is the variable cost per hamburger? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What is the average cost per burger when the firm produces 2 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. What is the average cost per burger when the firm produces 3 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) e. Why is the average cost lower when more burgers are produced? The fixed costs are spread across more burgers.Variable costs are lower per burger.Fixed costs are constant per burger.

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jeff jeffy answered 2 years ago

In a slow year, Deutsche Burgers will produce 3.200 million hamburgers at a total cost of...

In a slow year, Deutsche Burgers will produce 3.200 million hamburgers at a total cost of $4.600 million. In a good year, it can produce 6.200 million hamburgers at a total cost of $6.400 million. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place.) b. What is the variable cost per hamburger? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c....

In a slow year, Deutsche Burgers will produce 2 million hamburgers at a total cost of...

In a slow year, Deutsche Burgers will produce 2 million hamburgers at a total cost of $3.5 million. In a good year, it can produce 4 million hamburgers at a total cost of $4.5 million. What are the fixed costs of hamburger production? (Enter your answer in millions rounded to 1 decimal place.) What are the variable costs when the firm produces 2 million hamburgers? (Enter your answer in millions.) What is the average cost per burger when the firm...

In a slow year, Deutsche Burgers will produce 2.4 million hamburgers at a total cost of...

In a slow year, Deutsche Burgers will produce 2.4 million hamburgers at a total cost of $3.9 million. In a good year, it can produce 4.2 million hamburgers at a total cost of $4.8 million. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.) b. What is the variable cost per hamburger? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c....

In a slow year, Deutsche Burgers will produce 2.400 million hamburgers at a total cost of...

In a slow year, Deutsche Burgers will produce 2.400 million hamburgers at a total cost of $3.900 million. In a good year, it can produce 4.200 million hamburgers at a total cost of $4.800 million. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place.) b. What is the variable cost per hamburger? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c....

in a slow year, Deutsche Burgers will produce 3.800 million hamburgers at a cost of $5.400...

in a slow year, Deutsche Burgers will produce 3.800 million hamburgers at a cost of $5.400 million. in a good year, it can produce 5.800 million hamburgers at a total cost of $6.500 million what is the fixed costs of hamburger production, variable cost per hamburger, an average cost per burger when 3 million burgers are made, an average cost per burger when 4 million are produced?

Bob’s Burgers is considering a project with an initial cost of $8 million that would produce...

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Hanover Binding plans to produce 40,000 books next year at a total cost of $1,640,000 with...

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Suppose Rob is currently producing 10,000 hamburgers per month at a total cost of $2,000.00. What...

Suppose Rob is currently producing 10,000 hamburgers per month at a total cost of $2,000.00. What is his average total cost of production? $______ . (Enter a numeric response using a real number rounded to two decimal places.)

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ABC Company wants to produce 1.35 million units per year of a product. Investment cost is 27.5 million dollars and the project falls under the 7 year MACRS class life with a salvage value of of 2.75 million at the end of 6 years. The average price for each unit is $90. Annual expected sales are shown below. Year. 2020. 2021. 2022. 2023. 2024. 2025 Volume. 600. . 750 1000. 1200. 1200. 1200 Material cost for each unit is $25...

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