a firm's average variable cost is $90, its total fixed cost is $10,000, and its output is 1,000 units. its total cost is

Respuesta :

Total cost is the sum of all expenses paid to achieve a certain level of output; when this total cost is divided by the quantity produced, average or unit cost is found.

So total cost is defined as fixed cost (FC) plus variable cost (VC), or TC = FC + VC = Kr + Lw.

How much does company cost overall?

The total cost is the sum of all the costs incurred by a company to produce a specific level of output. Variable and fixed costs together make up total costs (VC).

10000 + 90*1000 = 100000

between $95,000 and $105,000

You may calculate the entire cost of a product by adding the expenses of direct materials, labor, and manufacturing overhead. 1 Information like the cost of production per unit can assist a company in determining the right sales price for the finished product.

Learn more about total cost here:

https://brainly.com/question/25109150

#SPJ4