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miskamm [114]
3 years ago
14

The Taste Freeze Ice Cream Company is a perfectly competitive firm producing where MR = MC. The current market price of an ice c

ream sandwich is $5.00. Taste Freeze sells 200 ice cream sandwiches. Its AVC is $4.00 and its AFC is $3.00. What should Taste Freeze do?
Business
1 answer:
Alexus [3.1K]3 years ago
8 0

Answer:

Taste Freeze should Shut down production so that AVC will decrease.

Explanation:

Taste Freeze should Shut down and produce zero sandwiches because price is less than AVC.

Therefore, Taste Freeze should Shut down production so that AVC will decrease.

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Answer:

A) The balance in ending inventory would be $7.00.

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FIFO Perpetual chart is attached.

FIFO Perpetual chart shows purchases , sales and balance of each period.  We must see final situation to know which is the final inventory balance.

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Units Unit Cost Total

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3 years ago
This morning, you purchased a seventeen-year, 6.45% annual coupon bond with face value of $1,000 at a price of $1,030.04. Just a
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Answer:

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year 6 = 64.5

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