Answer:
Explanation:
Fixed costs - will remain similar no matter of output amount
Variable costs - vary with the change in output
Average cost=(Fixed cost(FC) + Variable cost(VC))/number of units produced
VC = VC per cup of coffee served *cup of coffee served in a week
Total Cost(TC)= FC+VC
Average cost=TC/Cup of coffee served in a week
1. Let's calculate for 2000 cups of coffee:
FC remain the same! = $1200
VC=0.22*2000= $440
TC=FC+VC= 1200+440= $1640
Average cost of 1 cup of coffee= TC/#of cups=1640/2000=$0.82
2. Calculation for 2100 cups:
FC=1200
VC=0.22*2100=462
TC=1200+462=1662
Av cost=1662/2100=0.79
3. Calculation for 2200 cups:
FC=1200
VC=0.22*2200=484
TC=1200+484=1684
Av cost=1684/2200=0.77
As the number of cups increased from 2000 to 2100, the average cost per cup devreased 0.82 to 0.79. Then when number of cups increased to 2200, average cost decreased to 0.77. The reduction is due to the variable cost
Answer:
The preferred shareholders will be allocated a dividend of $131040 and the common shareholders will be allocated a dividend of $56960.
Explanation:
Total dividend declared =$188000
the allocation of dividends:
Preferred shareholders = (12000×14%)×$ 78
= $ 131040
Common shareholders = Total dividends - preferred shareholders dividend
= $ 188000 - $ 131040
= $ 56960
Therefore, the common shareholders will be allocated dividends of $ 56960 and the preferred shareholders will be allocated dividends of $ 131040.
Answer:
Private brands are normally run by a small group of people making and selling. Over a large company or international brands who are more focused on marketing and making more money then they put into their product and pour their money into factory and factory employees to make their products for them. Which would result in making the quality and details not as paid attention to as a private brand would focus on.
Answer: The answer is GDP per capita.
GDP per capita is Gross Domestic Product divided by a country's population.
Explanation: Gross Domestic Product (GDP) per capita refers to dividing the country’s Gross Domestic Product by its population. It measures the country’s economic output that account for the country’s total population. Gross Domestic Product (GDP) per capita is the best measurement of a country’s standard of living.
Gross Domestic Product means the total number of goods and services produced in the country within a year.
