Answer:
Average fixed cost is $1
Explanation:
Given that
Total cost = 10000
Variable cost = 5000
Output = 5000
Recall that
Total cost = fixed cost + variable cost
Fixed cost = total - variable
Fixed cost = 10,000 - 5000
FC = 5000
Also,
Average Fixed cost = fixed cost / output
Thus = 5000/5000
= $1
Therefore, Average Fixed cost is $1.
Also note that
Average variable cost, AVC = $1
Average Total cost, ATC = $2
If your taking about resturants a busser usually buss tables meaning they clean and make sure the table is nice and clean for the next customer who arives.
Answer:
The correct answer is option e.
Explanation:
Vertical integration refers to the situation when a company expands its operations in several production steps involved in the creation of its product.
If the company expands operation in the supply of raw materials, it is forward integration. If it expands in the creation and/or supply of raw materials, it is backward integration.
If the company expands production within its product or service market it cannot be classified as vertical integration.
Answer:
Loss of $4,000 in overall net income
Explanation:
Contribution margin is the net of the sale price and variable cost. Contribution margin ratio is the ratio of contribution to sales.
According to given data
Sales = $60,000
Contribution Margin = $60,000 x 35% = $21,000
Net Income = Contribution margin - Fixed costs = $21,000 - $25,000 = -$4,000
Advertisement Expense is a fixed cost.
There will be a loss of $4,000 added to overall net income.
Answer:
$152,150.00
Explanation:
The deposit required is 15%.
The mortgage will be 85% of $179,000( 100% - 15% deposit).
The actual mortgage will be
= 85% of $179,000
=85/100 x $179,000
=0.85 x $179,000
=$152,150
