Question

In: Advanced Math

"Find the retail cost of gasoline (per unit volume) in your area and find the cost...

"Find the retail cost of gasoline (per unit volume) in your area and find the cost of electricity for residential users in your area. (a) Compare the cost of energy (per MJ) from gasoline and from electricity (b) The efficiency of a gasoline automobile is about 20% and the efficiency of a battery electric vehicle is about 85%. Discuss the relative transportation costs for gasoline and electric vehicles."

Solutions

Expert Solution

please like ?

Colby Messinger answered 2 years ago
Next > < Previous

Related Solutions

What kind of total cost increases when volume increases while per unit cost decreases as volume...
What kind of total cost increases when volume increases while per unit cost decreases as volume increases. Mixed Fixed Variable
Find estimated total cost and cost per unit of each product
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensation, travel expenses, and booth rental, fixed costs for a trade show are expected to be $7,500. The booth will be open 30 hours during the trade show. Ms. Ortega also plans to add a new product line, ProOffice, which will cost $150 per package. She will continue to sell the existing product, EZRecords, which costs $100 per package. Ms. Ortega...
1 If your variable cost per unit INCREASED, then your A selling price per unit would...
1 If your variable cost per unit INCREASED, then your A selling price per unit would decrease. B break-even units would decrease. C selling price per unit would increase. D break-even units would increase. 2 Which of the following explains the key difference between a traditional income statement and a contribution margin income statement? A Only the traditional income statement can correctly compute net income. B Only the contribution margin income statement can correctly compute net income. C Only the...
Diesel: At an activity volume of 60,000 units per year, the unit cost of production of...
Diesel: At an activity volume of 60,000 units per year, the unit cost of production of this part is calculated as follows: By Unit Total Raw Materials $4 Direct Labor $2.75 Variable indirect manufacturing costs $0.50 Specific manufacturing indirect costs $3 $180000 Common fixed manufacturing indirect costs $2.25 $135000 Unit cost for product $12.50 An outside supplier offered to sell Carthage Inc. this electrical component at only $ 10 per unit. One-third of the specific fixed manufacturing overhead is made...
The cost of gasoline in an area follows an unknown distribution with a mean of $3.79...
The cost of gasoline in an area follows an unknown distribution with a mean of $3.79 and a standard deviation of $0.92. Suppose a random sample of 45 diā†µerent gas prices is drawn over a 5 year period. a) What is the probability that the average price of gas there over those 5 years is less than $3.95? b) What is the probability that the average price of gas there over those 5 years is more than $4.00.
Is the break-even volume, in units, a) the ratio of fixed cost per unit contribution margin...
Is the break-even volume, in units, a) the ratio of fixed cost per unit contribution margin or b) the ratio of selling price per unit contribution margin? If the prevailing market interest rate increases, does the purchase price of an annuity decrease or increase? When calculating the future value of an annuity due, is the end date at the beginning or end of the last payment interval?
The cost of unleaded gasoline in the Bay Area once followed an unknown distribution with a...
The cost of unleaded gasoline in the Bay Area once followed an unknown distribution with a mean of $3.32 and a standard deviation of $0.12. If 37 gas stations are randomly sampled, what is the probability that that the average price of the 37 gas stations is between $3.32 and $3.35? What distribution will you use to calculate this probability? N(3.32, __________) List the zz-scores needed to calculate the result. If there is more than one zz-score, separate the values...
Cost of Production and Cost per Unit
A business produces one product which requires the following inputs:Direct Materials 6 kg at $ 4,80 per kgDirect labour 4 hour at $7 per hourBuilding cost $18.000 per periodLeased machine $600 for every 600 units (each machine has a capacity of 600 units)Store Cost $3.000 per period plus $3 per unita. What is the total cost of production and the cost per unit at each of the followingproduction levels?-1000 units-2000 unitsb. Explain why the cost per unit is different at...
Cost of Production and Cost per Unit
A business produces one product which requires the following inputs:Direct Materials 6 kg at $ 4,80 per kgDirect labour 4 hour at $7 per hourBuilding cost $18.000 per periodLeased machine $600 for every 600 units (each machine has a capacity of 600 units)Store Cost $3.000 per period plus $3 per unita. What is the total cost of production and the cost per unit at each of the followingproduction levels?-1000 units-2000 unitsb. Explain why the cost per unit is different at...
4.If the average price of gasoline is $1.25 per litre in your town, and gasoline is...
4.If the average price of gasoline is $1.25 per litre in your town, and gasoline is a perfectly competitive market, explain what might happened and why in your town, if the price of gas dropped to $.50 overnight? What if it jumped up to $10.00 per litre overnight?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT