Answer:
total output.
Explanation:
for example, a company manufactures 10,000 units of A. Its total variable costs are $50,000, and its total fixed costs are $25,000.
The average variable cost = $50,000 / 10,000 = $5 per unit of A
The average fixed cost = $25,000 / 10,000 = $2.50 per unit of A
The average total cost = $75,000 / 10,000 = $7.50 per unit of A
Answer:
Cash disbursements for insurance would be $ 168,700.
Explanation:
In accrual based accounting expenses are recorded when they are incurred. The payment against item purchased does not make it qualified to be recorded as expense. Any advance payment made is recognize as asset untill performance obligation has been completed. So in order to determine amount of payment we will use following accounting equation.
Payments = Prepaid current period + expenses - opening prepaid balance
Payments = 197,000 + 62,000 - 90,300 = $ 168,700
