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Cloud [144]
3 years ago
9

Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We

also know that the firm employs 3 part-time workers at a wage cost of $200 per worker per week. This is the firm's only variable cost (TVC). What is the firm's average fixed cost (AFC) at this output
Business
1 answer:
ikadub [295]3 years ago
3 0

Answer:

$15

Explanation:

The computation of the average fixed cost is shown below:

As we know that

Average fixed cost is

= Total fixed cost ÷ Quantity

where,

Total fixed cost is

= Total cost - total variable cost

= $1,200 - $200 × 3

= $1,200 - $600

= $600

And the quantity is 40 products

So, the average fixed cost is

= $600 ÷ 40

= $15

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3 years ago
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oksian1 [2.3K]

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3 years ago
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cestrela7 [59]

Answer:

a. procedural justice

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3 years ago
When goods are shipped FOB destination and the seller pays the freight charges, the buyer a.journalizes a reimbursement to the s
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When goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

<h3>What are the journal entries for FOB destination transactions?</h3>

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Learn more about FOB destination deliveries at brainly.com/question/24920251

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2 years ago
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Answer:

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