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.

The demand curve for luminous socks is given by

Q=50 - 0.5P

and the total cost function for any curve in the industry is C=4Q

(d) Suppose two Cournot firms operate in the market.

1. (i) Derive reaction functions

2. (ii) Equilibrium outputs

3. (iii) Price

4. (iv) Profit levels for the two firms

5. (e) Draw the reaction curves and indicate the Cournot equilibrium on the diagram.

6. (f) In your own words, what does the reaction curve represent?

(g) If the two firms decide to collude, what is industry output and the market price? What is the total profit?

What costs are included in determining the total cost of an asset?

Why would a company include more than just the purchase price of an asset?

Some argue that companies depreciate assets because they lose value. From a financial accounting perspective, is this true? Why or why not?

What costs are included in determining the total cost of an asset? Why would a company include more than just the purchase price of an asset? Some argue that companies depreciate assets because they lose value. From a financial accounting perspective, is this true? Why or why not?

In the space provided below write a C++ program that computes the total cost of books you want to order from an online bookstore. It does so by first asking how many books are in your shopping cart and then based on that number, it repeatedly asks you to enter the cost of each item. It then calls two functions: one for computing the taxes and another for computing the delivery charges. The function which computes delivery charges works as follows: It adds a 5% delivery charge for standard delivery if the total is below $1,000, and an additional 10% charge if you want an expedited next day delivery. The tax and delivery charges are added to the bill and the total cost is displayed.

Using the embed icon shown above, upload a series of screenshots that demo the execution of your program.

Thank you in advance!

Eight Company reported 1,500 units of inventory at a total cost of $15,000 as of November 1, 2018. The following transactions occurred during the month.

November 14: The company purchased 2,000 units of merchandise on account for $22,000 with terms 2/10, n30. The goods were shipped f.o.b. destination and arrived at the company's warehouse on November 18. The company paid $500 cash to a third party carrier for freight.

November 18: The company received the inventory purchased on November 14.

November 19: The company returned 300 units of merchandise purchased on November 14 for credit.

November 20: The company sold 1,400 units of merchandise on account for $28,000 with terms 2/10, n30. The goods shipped f.o.b. shipping point and arrived at the customer's warehouse on November 24.

November 22: The company paid for the merchandise purchased on November 14.

November 24: The customer confirmed receipt of the merchandise shipped on November 20.

Assume that Eight Company uses the periodic method and last-in, first-out (LIFO) cost flow assumption to account for inventory, the gross method to account for purchase discounts, and the gross method to account for sales discounts.

What is the balance of inventory as of November 30, 2018?

Fixed cost is fixed in total but varies on a per-unit basis. Does this mean that as your sales increase, your contribution towards covering fixed costs and earning a profit increases? Beyond a range that sales and variable costs increase, fixed costs may change.

In the space provided below write a C program that computes the total cost of items you want to order online. It does so by first asking how many items are in your shopping cart and then based on that number, it repeatedly asks you to enter the cost of each item. It then adds a 5% delivery charge for standard delivery if the total is below $1,000, and an additional 10% charge if you want an expedited next day delivery.  

$308

$350

$110

$50