Economists at General Industries have been examining operating costs at one of its parts manufacturing plants in an effort to determine whether the plant is being operated efficiently. From weekly cost records, the economists developed the following cost-output information concerning the operation of the plant:

a. AVC (average variable cost) at an output of 2,000 units per week is $7.50.
b. At an output level of 5,000 units per week, AFC (average fixed cost) is $3.
c. TC (total cost) increases by $5,000 when output is increased from 2,000 to 3,000 units per week.
d. TVC (total variable cost) at an output level of 4,000 units per week is $23,000.
e. AVC (average variable cost) decreases by $0.75 per unit when output is increased from 4,000 to 5,000 units per week.
f. AFC plus AVC for 8,000 units per week is $7.50 per unit.
g. ATC (average total cost) decreases by $0.50 per unit when output is decreased from 8,000 to 7,000 units per week.
h. TVC increases by $3,000 when output is increased from 5,000 to 6,000 units per week.
i. TC decreases by $7,000 when output is decreased from 2,000 to 1,000 units per week.
j. MC (marginal cost) is $16 per unit when output is increased from 8,000 to 9,000 units per week.

Given the preceding information, complete the following cost schedule for the plant. (Hint: Proceed sequentially through the list, filing in all the related entries before proceeding to the next item of information in the list.)

... Here we reject the null hypothesis since calculated value of t ... 4.2563) is grater than the critical value of t ... was directed to study the problem of missing goods ...

... ANOVA Source of Variation SS df MS F P-value F crit ... Here Calculated value of F ( 7.359) is grater than critical value 3.35 and hence we reject the null ...

... The p-value measures consistency by calculating the probability of ... the null hypothesis, if the calculated value of F ... C. Calculate the Test Statistic The test ...

... The p-value measures consistency by calculating the probability of ... The calculated values are highlighted in yellow ... The missing predicted values are obtained by ...

... a cash inflow from which we can calculate the NPV ... of information can be obtained by Ms. Peru that ... the information that the rapid rise in price of transcendental ...

... down the p-value for your calculated t-statistic. b) Calculate the coefficient of correlation from the ... b) Determine the 4 missing values in the printout given ...

... the Test Statistic The third step is to calculate a statistic ... Within MS is calculated as: (n1 1)s12 + (n2 1 ... The between MS is found by taking the sum of ...

... Conclusion Conclusion : Here Calculated value of F ( 1.7430) is less than critical value 5.488 and ... 162 160 ANOVA 146 136 Source of Variation SS df MS F 165 ...

... replaced in equation 3), the equation for calculating I is ... Δt = 62.5 V. Hence, Δt can be calculated as Δt ... field of flux density 0.6 T, calculate the current ...

... 4. For the following data, calculate the Pearson Correlation ... ANOVA Source of Variation SS df MS F P-value F ... The calculated value of F is less than critical value...