The competitive firm's short-run supply curve is that portion of the

Select one:

a. marginal cost curve that lies above average total cost.

b. average variable cost curve that lies above marginal cost.

c. average total cost curve that lies above marginal cost.

d. marginal cost curve that lies above average variable cost.

Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow.

1. Determine whether the costs in the table are variable, fixed, mixed, or none of these.

2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "0". Recall that, for N= Number of Units Produced, Total Costs = (Variable Cost Per Unit x N) + Fixed Cost. Complete the following table with your answers.

Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Units Total Total Total Machine Produced Lumber Cost Utilities Cost Depreciation Cost 12,000 shelves $144,000 $14,800 $125,000 24,000 shelves $288,000 $28,600 $125,000 48,000 shelves $576,000 $56,200 $125,000 60,000 shelves $720,000 $70,000 $125,000 1. Determine whether the costs in the table are variable, fixed, mixed, or none of these. Variable Cost Fixed Cost Mixed Cost None of these Lumber Utilities Depreciation 2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "0". Recall that, for N= Number of Units Produced, Total Costs = (Variable Cost Per Unit x N) + Fixed Cost. Complete the following table with your answers. Cost Fixed Portion of Cost Variable Portion of Cost (per Unit) Lumber $ $ Utilities $ $ Depreciation $ $

Sobota Corporation has provided the following partial listing of costs incurred during August:

Required:

Total product cost __________

Total period cost ______________

A company uses the manufacturing cost hierarchy to allocate costs to various activities. During the past year, it has incurred:

A. Using the manufacturing cost hierarchy, what is the total cost that would be classified as unit-level activity costs?

B. Using the manufacturing cost hierarchy, what is the total cost that would be classified as batch-level activity costs?

C. Using the manufacturing cost hierarchy, what is the total cost that would be classified as product-level activity costs?

D. Using the manufacturing cost hierarchy, what is the total cost that would be classified as facility-level activity costs?

Write a program that asks the user to enter the monthly costs for the following expenses incurred from operating his or her automobile: loan payment, insurance, gas, oil, tires, and maintenance. The program should then display the total monthly cost of these expenses, and the total annual cost of these expenses.

Using the following test data:
310.34
104.95
78.34
12.34
8.12
45.00

Your output should look like this:
Enter the monthly loan payment amount:

Enter the monthly cost of insurance:

Enter the monthly cost of gas:

Enter the monthly cost of oil:

Enter the monthly cost of tires:

Enter the monthly cost of maintenance:

The total monthly cost is $559.09.
The total annual cost is $6709.08.

This is C++ and use visual studio 2017 please.

Use blank lines to separate the major parts of your main function. And show your output.

A company uses the manufacturing cost hierarchy to allocate costs to various activities. During the past year, it has incurred:

A. Using the manufacturing cost hierarchy, what is the total cost that would be classified as unit-level activity costs?

B. Using the manufacturing cost hierarchy, what is the total cost that would be classified as batch-level activity costs?

C. Using the manufacturing cost hierarchy, what is the total cost that would be classified as product-level activity costs?

D. Using the manufacturing cost hierarchy, what is the total cost that would be classified as facility-level activity costs?

Create a spreadsheet to calculate your projected total costs, total revenues, and total profits for giving a seminar on cost estimating. Make the following assumptions:

• You will charge $995 per person for a two-day class.
• You estimate that 30 people will attend the class, but you should keep an option to change this input.
• Your fixed costs include $500 total to rent a room for both days, setup fees of $500 for registration, and $300 for designing a postcard for advertising.
• You will not include your labor costs for this estimate, but you estimate that you will spend at least 150 hours developing materials, managing the project, and giving the actual class. You would like to know what your time is worth given different scenarios.
• You will order 5,000 postcards, mail 4,000, and distribute the rest to friends and colleagues.
• Your variable costs include the following:
  1. $9 per person for registration plus four percent of the class fee per person to handle credit card processing; assume that everyone pays by credit card
  2. $.49 per postcard for printing if you order 5,000 or more
  3. $.25 per postcard for mailing and postage
  4. $25 per person for beverages and lunch
  5. $30 per person for class handouts

Calculate and post your profits based on 30 people. Also, list any assumptions you made. In addition, calculate what your time would be worth per hour based on the number of students. BE SURE TO POST YOU EXCEL FILE.

What is total surplus? Explain the following statement: net (social) benefits = total surplus – total costs. Keep in mind that a loss in either consumer or producer surplus is a social welfare loss. Net change in social welfare is measured by changes to CS or PS or both. Total surplus (i.e., net benefits) is maximized at the efficiency point.

Total sales revenue is $1000, total variable costs are $600 and total fixed costs are $1000. The price is $10 per unit. Compute the break-even volume in units (assume that the break-even point is in the relevant range).

A) 166.7 units

B) 250 units

C) 280 units

D) 2500 units

Beta company allocates fixed overhead costs based on direct labor dollars, with an allocation rate of $5 per DL$. Beta sells 1000 units of product X per month at a price of $40 per unit. The variable costs are: direct materials, $10/unit, direct labor $4/unit, and variable overhead $2/unit. Compute the profit margin per unit of product X

A) $4

B)$20

C) $21.5

D) $24

E)$26

Beta is planning to increase the price of Product X to $50 per unit. It expects sales volume to decrease by 20%(from the original level of 1000 units per month) after the price increase. How much will the profit change in the short term after this price increase?

A) decrease by $2800

B) decrease by $800

C) No change

D) increase by $3200

E) increase by $7200

You have the following data for product X: sales revenue is $10000, variable costs are $4000, allocated fixed costs are $3000. If you drop product X in the long term total profit will:

A) decrease by $6000

B)decrease by $3000

C) remain the same

D) increase by $3000

E) increase by $6000

Explanation for answers please