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hammer [34]
3 years ago
13

Karen runs a print shop that makes posters for large companies. it is a very competitive business. the market price is currently

$1 per poster. she has fixed costs of $250. her variable costs are $1,000 for the first thousand posters, $800 for the second thousand, and then $750 for each additional thousand posters. instructions: round your answers to 3 decimal places.
a. what is her afc per poster (not per thousand!) if she prints 1,000 posters
Business
1 answer:
jeka943 years ago
6 0
<span>She has fixed costs of $250. Her variable costs are $1,000 for the first thousand posters, Her variable costs are $800 for the second thousand Her variable costs are $750 for each additional thousand posters. To calculate Average fixed cost that is AFC per poster we need two factors: Total fixed cost = 250 and Number of poster = 1000 So now AFC will be (250/1000) that is 0.25.</span>
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2 years ago
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Answer:

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Cr Inventory                    7,860

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Dr Sales Returns                  2,620

Cr Account Receivable       2,620

(to record sales return from Stewart)

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Cr Account Receivable      10,480

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* further working note on Jan 18 transaction: As Stewart had return $2,620 sales; the Receivable from Stewart is just $10,480 ( 13,100 - 2,620). Also, the term of receivable is 5/10, n/30; the repayment after 10 days received from Steward is not eligible for discount.

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3 0
3 years ago
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Answer:

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8 0
3 years ago
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