Long run average cost is the cost per unit of output feasible when all factors of production are variable tutor2u subjects events job board shop company support . Cost per output and cost per outcome response cost per outcome is the total cost of all units of service very simply, if you don't know what it costs to achieve a certain output/outcome, you can't know how much to charge for your services. Cost per output and outcome calculations can provide insight into a human service organization’s financial management plan in order to evaluate whether or not the goals and objectives are being met to provide the services which support the mission. The cost per output and cost per outcome of every service that an organization provides will show how much money was spent for each service the cost per output and cost per outcome will also show if the services offered by the organization are, in fact, doing well for them. Using ms excel or a table in ms word, complete table-1 (joseph farms, inc, cost and revenue data) assume that the price is $165 assume the fixed costs are $125, at an output level of 1.
Physical productivity is the quantity of output produced by one unit of production input in a unit of time for example, a certain equipment can produce 10 tons of output per hour for example, a certain equipment can produce 10 tons of output per hour. Accounting posted by jess friday, january 4, 2008 at 10:25pm write a 200- to 300-word response to the following: why are cost per output and cost per outcome calculations valuable to a human service agency. Question 1 1 in the linear breakeven model, the difference between selling price per unit and variable cost per unit is referred to as: answer a variable.
Read this essay on hsm 260 cost per output come browse our large digital warehouse of free sample essays get the knowledge you need in order to pass your classes and more. Essay writing planet suppose you own a television factory and at your current level of output you have average total cost of $800 per television, average variable costs of $700 per television, and a marginal cost of $400. Fixed cost changes in unit, ie as the units produced increases, fixed cost per unit decreases and vice versa, so the fixed cost per unit is inversely proportional to the number of output produced variable cost remains same, per unit. If, however, the entrepreneur acts rationally and has necessary knowledge, he will choose the location which offers the lowest cost per unit of output 9 personal preferences:.
Read this essay on cost per output and cost per outcome response come browse our large digital warehouse of free sample essays get the knowledge you need in order to pass your classes and more. Workers receive $10 per hour, and machine cost was $40 per hour with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by four carts per hour. Managerial accounting homework cost per unit actual cost per unit direct materials: standard: 180 feet at $300 per foot $ 540 due to a reduction in output .
View notes - cost+essay from eco 201 at miami university question # 2 input of labor (workers per month) output (motorcycles per month) total cost of output ($) average total costs ($ per unit). The set up costs rate we have already is the rate per machine set up, the cost per unit is calculated by multiplying the rate per set up by the number of set up per product and then dividing the results by the total number of units per product:. Explaining fixed and variable costs of production and 500 is 48 and this increase in output has the effect of raising the cost per unit from 18 to 21 .
If variable cost per unit output is constant, then the total cost for any number of units of production will be the sum of the fixed cost and the variable cost multiplied by the number of units of production, or f + nv. Acc3320-final exam essay riggs enterprise's flexible budget cost formula for indirect materials, a variable cost, is $045 per unit of output if the company's . Power output of the turbine a turbine, operating under steady-flow conditions, receives 5000 kg of steam per hour the steam enters the turbine at a velocity of 3000 m/min, an elevation of 5 m and a specific enthalpy of 2787 kj/kg.
Essayoneday provides students with professionally written essays, research papers, term papers, reviews, theses, dissertations and more once you use essayoneday for your paper writing needs, you won’t need to try any other services. The sixth and seventh columns report the monopolist's average total costs and marginal costs per unit of output the eighth column reports the monopolist's profits, which is the difference between total revenue and total cost at each level of output. Classification of inputs and outputs the budget of output revenues and input costs provides the organiza-tional framework for data collection and the construction of a pam. Cost per output and outcome calculations can provide insight into a human service organization's financial management plan in order to evaluate whether or not the goals and objectives are being met to provide the services which support the mission.