A company manufactures 1,000 units of product X per year . The cost data is given below: Direct materials: $5 per unit Direct labor: $4 per unit Variable manufacturing overhead: $5 per unit Fixed manufacturing overhead: $6,000 per year Based on the above information, the variable cost to manufacture one unit of product X is:

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What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: