Option C is cotrrect answer - $304.50
<u>Explanation:</u>
The mean is calculated by adding all the values and then dividing it by the number of units. In general terms mean is also called as an average.
As per the given question:
Mean cost of repairing a starter of four multifarious vehicles is to be found out
The cost given are : $316, $443, $249, $210, Number of vehicles = 4
In order to calculate mean, first of all, sum has to be found out of four vehicles
Sum = $316+ $443+ $249+ $210 = $1218
Now, this sum is to be divided by the number of units that is 4 = $1218 divided by 4 = $304.50
Hence, mean = $304.50
The Progress in International Reading Literacy Study (PIRLS)<span>
This is an international study or assessment, conducted by the International Association for the </span>Evaluation of Educational Achievement (IEA), <span>that measures student learning or achievement in reading, particularly of fourth graders. The study includes assessment on the student's attitudes, habits and experiences of the students in reading. They also include in the assessment the school and teacher practices related to the instruction of reading. </span>
Answer:
8,850 units
Explanation:
We know that
Net income = Unit sales × (Selling price per unit - variable cost per unit) - Fixed cost
$23,600 = Unit sales × ($55 - $39) - $118,000
$23,600 = Unit sales × $16 - $118,000
$23,600 +$118,000 = $16 unit sales
So, unit sales = 8,850 units
The net income is computed below:
= Given percentage × Total fixed cost
= 20% × $118,000
= $23,600