A(n) _________ occurs when one company buys the property and obligations of another company.

For the fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. if you ea

Helen [10]

Average cost for a meal is $4.

<h3>Formula:</h3>

Average cost = Total cost/ no. of goods produced

In this case:

Avg. cost = $600/150 = $4

<h3>What is Average Cost ?</h3>

Calculating average cost, sometimes referred to as unit cost, requires multiplying the entire cost by the quantity of an item produced.
The average cost has a significant impact on how much firms charge for their products. Average cost, sometimes referred to as average total cost or cost per output unit, is the price paid for an item (ATC).

<h3>How to find the Average cost ?</h3>

We may calculate the average cost by multiplying the overall cost by the whole volume of output. By dividing the overall cost by the total output, one may get the average cost or production cost per unit.
The long-term price and supply of a product are determined by the average cost. The typical cost includes normal profits.

Therefore, if a commodity's price is higher than its average cost, the corporation will profit more. However, if the price is below the average cost, the business loses money.

To check more similar questions on Average cost, refer to:

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4 0

2 years ago

There are several compelling arguments against job discrimination of any kind. utilitarians reject discrimination because

Vanyuwa [196]

<span>Discrimination that is not consciously or deliberately sought, but it brought about by stereotypes or as an unintended outcome.</span>

6 0

4 years ago

dar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales o

Neporo4naja [7]

Answer:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

Explanation:

Given:

Unit selling price = $ 47

Variable cost = $ 24

Total monthly fixed cost = $ 124,000

Number of units sold = 8,000

CVP income statement for Cedar Grove Industries for the month of May is as:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

here, the amount is for the total unit i.e 8000 units multiplied by the unit cost

8 0

3 years ago

se the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales 60,000 U

Marat540 [252]

Answer:

30,154 units

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $15 - $8.5

= $6.5

And, fixed cost is $196,000

Now put these values to the above formula

So, the value would equal to

= ($196,000) ÷ ($6.5)

= 30,154 units

5 0

3 years ago

A(n) _____ refer(s) to a detailed description of a brand's current marketing position.

NemiM [27]

Answer: Situation analysis

Explanation:

The situation analysis is the collection of all the methods which is specifically used by the manager in an organization for analyzing both external and the internal environment of the firm.

It is the process of evaluating the growth of the company and the potential of the customers in terms of business. The importance of the situation analysis is that it provide strength and various types of opportunities in the market.

Therefore, Situation analysis is the correct answer.

3 0

3 years ago