The cost and price materials for Building a Birdhouse assignment paper.
This is a paper that is focusing on the cost and price materials for Building a Birdhouse assignment paper. The paper also provides additional information to use in the writing of the assignment paper. Below is the assessment description to follow:
The cost and price materials for Building a Birdhouse assignment paper
Building a Birdhouse This module has focused on different business costs. For this week’s paper, go to your local hardware store and price the materials for building a birdhouse. For simplicity, assume the materials for making a birdhouse are: One 1 lb. box of #14 x 1-1/2 in 4 penny nails One birdhouse kit One hour of labor (use the minimum wage for the hourly rate) A fixed cost of $50 to rent a workshop In a paper: Calculate the average total cost, average variable cost, average fixed cost, and marginal cost for making one, two, three, four, five, six, seven, eight, nine, and ten birdhouses.
Show your work for the calculations and create a table with just cost numbers. Create the graphs for each of the cost numbers. Graph them on the same graph. Recalculate the costs assuming the cost to rent the workshop dropped to $25. Compare the new calculations with the old calculations. Adhere to the following standards: Your paper should be 3-4 pages in length, not including the title or references pages. Include at least 3 scholarly references. The Economics Library Guide (Links to an external site.) is a good tool to use to start your research (sources such as The Balance, EconomicsHelp.org, Investopedia, and similar websites are not acceptable). Review the grading rubric for Module 4. Be sure to follow the CSU Global Writing Center (Links to an external site.) for your citations.
Remember, ensure that the pages are exclusive of the cover and the reference pages. Also, ensure that you include all the references you use in finding research for this assignment paper. References should be at least three for the paper. All references, citation, and writing should follow the APA formatting and styling guidelines. Finally, ensure you focus on the assignment topic in detail.
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