The short-run cost function of a company is given by the equation tc=1+50q, where tc is the total cost and q is the total quantity of output. a. what is the company's fixed cost? b. if the company produced 2,000 units of goods what would be its average variable cost? c. what would be its marginal cost of production? d. what would be its average fixed cost? e. suppose the company borrows money and expands its factory. its fixed cost rises by $5,000 but its variable cost falls to $45/unit. the cost of interest also enters the equation. each 1 point increase in the interest rate raises costs by $250. write the new cost equation.

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.all of these.

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: