Respuesta :
Total Purchasing Costs for the next Month: $14,580 + $8.81 * 420 + $20.37 * 45 = $14,580
Total Purchasing Costs for the following month are $14,580 plus $3,700.20 plus $916.65.
Total Purchasing Costs for the following month: $19,196.85
Cost Equation: A cost equation is a mathematical formula that a company can use to calculate the expenses associated with producing and selling a certain quantity of goods. Depending on the volume of sales, both fixed and variable expenses are typically included in the formula.
The financial value of the goods and services that producers and consumers purchase is commonly understood to be cost. The assessment of the substitute opportunities forgone in choosing one good or pursuit over another, according to the fundamental economic discernment, is the cost price.
The opportunity cost is a common term used to describe such a basic expense. Customers with steady incomes (fixed incomes) do not consider the opportunity cost of purchasing a new household item, such as the cost of a trip.
Cost pricing often correlates the value of inputs used in production with the level of output. Total cost price, or TC price, is defined as the sum of all expenses incurred to produce a specific level of output.
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