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Westkost [7]
3 years ago
5

A firm currently produces 1000 units of output and has total costs of $15,000 and fixed cost of $3,000. What is the firm’s avera

ge variable costs?
Business
1 answer:
denpristay [2]3 years ago
5 0

Explanation:

Explanation: The formula is ATC = AFC + AVC. Use this formula. It will be useful for you

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Answer:

The multiple choices are:

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Explanation:

The check of $712 was already deducted from the cash balance in the cash book when issued,in order to reflect in the bank balance too,it would be appropriate to deduct from the bank balance so as to have a like-for-like situation.

This implies that  the accountant at Clanton industries would begin bank reconciliation with bank balance in order to arrive at cash balance not the other way round.

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