A small clothing firm currently produces 50,000 shirts and blouses per month. The costs of its factory, raw materials, and labor is $500,000 per month. If the company is to increase production by 5,000 and that requires an additional labor and raw material expense of $100,000, what is the best estimate of costs of the increased production?
a. $100,000
b. $400,000
c. $500,000
d. $600,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A small clothing firm currently produces 50,000 shirts and blouses per month. The costs of its factory, raw materials, and labor is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A firm is considering purchasing an asset that will have a useful life of 15 years and cost $7.5 million; it will have installation costs of $300,000 and a salvage or residual value of $1,800,000.
Answers (1)
Which of the following reads address information and forwards the packets to the appropriate place?
Answers (1)
Google: What is product development?
Answers (1)
Mr. Smith suffers an injury due to the hotel's negligence but he is partially responsible for the injury. the hotel is located in a state that abides by the contributory negligence rule. What is the probable outcome if Mr.
Answers (1)
Two firms are planning to sell 10 or 20 units of their goods and face the payoff matrix illustrated to the right. What is the Nash equilibrium if both firms make their decisions simultaneously? What strategy does each firm use? A.
Answers (1)
New Questions in Business
Ginny is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work and interviewing for other editing jobs.
Answers (2)
What causes a change in the demand curve or a shift
Answers (2)
Glenda, a sales representative for revo appliances inc., had to deliver a presentation on her company's latest offering: an innovative food processor. her target clients were senior managers and chefs from a reputed restaurant.
Answers (1)
To discover the extent to which economic status can be used to predict political preferences?
Answers (1)
In the current year, Mitchell Manufacturing expected Job No. 13 to cost $600,000 of overhead, $650,000 of materials, and $400,000 of labor. Mitchell applied overhead based on direct labor cost.
Answers (1)