What is the total expense for manufacturing 400 tables at Woodlike Inc., if the fixed costs are $1,702,300 and each tables variable cost is $21?

Question

asked Dec 11, 2023 165k views

1 Answer

Ali Alqallaf · Answer 1 · 2023-12-16T21:04:53+0000

Step-by-step explanation

Assuming that the number of tables should be multiplied by the variable cost by each table, we can apply the following equation:

$Expenses=\text{ Fixed Cost + Variable Cost }\cdot\text{ Number of manufactured tables}$

Replacing terms:

$\text{Expenses = 1,702,300 + 21 }\cdot\text{ 400}$

Multiplying numbers:

$\text{Expenses = 1,702,300 + 8,400 = 1,710,700}$

In conclusion, the total expense cost is $ 1,710,700