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dangina [55]
3 years ago
15

Slider owns a hamburger restaurant. Slider's minimum average variable cost is $10 at a quantity of 100 hamburgers, and his minim

um average total cost is $15 at a quantity of 200 hamburgers. His total fixed cost is $300 . Use this information to answer the questions.What is Slider's AVC when he sells 200 hamburgers
Business
2 answers:
sleet_krkn [62]3 years ago
6 0

Answer:

As, per To the Given Information:

Minimum AVC = $10, When Quantity = 100 Hamburgers  

Minimum (AC) = $15, When Quantity = 200 Hamburgers

Fixed Cost = $300

To find out the Average variable cost when the quantity of 200 hamburgers sold, we have to compute the Total Cost;

Total Cost = Average Cost × Quantity

Total Cost =15 x 200

Total Cost = 3,000

Now, Variable Cost (VC)  

Variable Cost = Total Cost - Fixed Cost

Variable Cost = 3,000 - 300

Variable Cost = 2,700

Thus,  

AVC when Quantity sold = 200 hamburgers

Average Variable Cost = Variable Cost / Quantity

Average Variable Cost = 2,700 / 200

Average Variable Cost =13.5

Therefore, the Average Variable Cost after selling 200 hamburgers is $13.5

MA_775_DIABLO [31]3 years ago
3 0

Answer:

$5

Explanation:

Average Variable Cost = $10

Quantity of hamburger = 100

Total variable cost = AVC X Quantity

Total variable cost for hamburger = $10 X 100 = $1000

Average Total cost =$15

Quantity of 200

Total cost = $3000

Fixed cost = $3000

Therefore, Sliders AVC when he sell 200 hamburger will be

TVC=AVC X Quantity

AVC= TVC/Quantity

AVC=$1000 / 200 hamburger

AVC = $5/hamburger.

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Answer:

$200,000

Explanation:

The computation of Net Income is shown below:-

The green lawn firm is over-capable of approving the order. The extra fixed costs do not have to be incurred. This way, fixed costs are avoided and only variable costs need to be incurred.

For computing the net income first we need to find out the profit per unit which is here below:-

Profit per unit = Sell price per unit - Variable Cost per unit

= $1,200 - $1,000

= $200

Total Profit = Profit per unit × 1,000 unit order

= $200 × 1,000 unit order

= $200,000

So, net income increased by $200,000

Therefore for computing the total profit we simply applied the above formula.

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3 years ago
Too much socializing in the workplace can
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Slow down the productivity of the workplace

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Along with the decreasing number of scandals in government, politics, business, education, and religion over the past decade, th
cluponka [151]

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How does a scandal affect a business?

Recent studies actually demonstrate that companies with moral workplace cultures outperform their rivals, particularly in terms of stock price growth. Business ethics scandals can seriously damage a company's reputation, leaving customers and employees with a negative impression of the organization's values.

Is a scandal a crisis?

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2 years ago
Pepper Company provided the incomplete financial statements shown below as well as the following additional information: 1. All
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The missing amounts on the company's financial statements include the current asset of $880000, quick asset is $400000 and an inventory of $480000.

<h3>How to calculate the asset?</h3>

Based on the information given, it should be noted that the current assets will be:

= Current liability × Current ratio

= $320000 × 2.75

= $880000

The quick assets will be:

= $320000 × 1.25

= $400000

The inventory will be:

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5 0
2 years ago
Penny decided that the interest shown by the East Rutherford, N.J., Gay, Lesbian, Bisexual, and Transgender Alliance justified f
Tpy6a [65]

Answer:

Total Annual Expense = $173040

Explanation:

Note: This question is incomplete and lacks the data and instruction for the question to solve it. I have retrieved its data from the internet. However, I will be solving this by using the data to find out the expenses portion of an annual income statement.

Solution:

Data Given:

Rent = $1000 of a month

Owner Salary = $500 per week

Employee Wages = $10 an hour

Total employees = 4

Working hours = 40 hours work week

Working weeks in year = 52 weeks.

Payroll Expense = 20% of the total compensation

Shipping = $250/week

Insurance = $50/week

Office Supplies = $25/week

Acct/Legal = $50/week

Utilities = $200/week

Misc = $100/week

Following is the expenses portion of an annual income statement for Penny blossoms:  

Rent = $1000 x 12 = $12000

Owner Salary = ($500 x 4) x 12 = $24000

Employee Wages = $10 an hour = (10 x 40) x 52 x 4 = $83200

Payroll Expense = 20% of the total compensation = 20% x ($83200 + $24000) = $21440

Shipping =  $250/week  = (250 x 4) x 12 = $12000

Insurance = $50/week  = (50 x 4) x 12 = $2400

Office Supplies = $25/week = 25 x 4 x 12 = $1200

Acct/Legal =  $50/week = 50 x 4 x 12 = $2400

Utilities = $200/week = 200 x 4 x 12 = $9600

Misc = $100/week  = 100 x 4 x 12 = $4800

Total Expense is the sum of all annual expenses.

Total Expense = $173040

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