1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sdas [7]
3 years ago
6

Find the average variable cost for producing 18 sneakers. Round your answer to the nearest hundredth.

Business
1 answer:
murzikaleks [220]3 years ago
7 0

Answer: $2.78

Explanation:

Average variable cost is calculated by dividing the total variable cost of producing a certain number of units of a good by that same number of units.

Average variable cost = Variable cost of producing 18 sneakers / 18

= 50 / 18

= 2.7778

= $2.78

You might be interested in
You are taking a $6,226 loan. You will pay it back in four equal amounts, paid every year, with the first payment occurs at the
Pavlova-9 [17]

Answer:

annual payment = $2,362.88

Explanation:

we must first calculate the future value of the loan at the end of year 4 = $6,226 x (1 + 11%)⁴ = $9,451.51

using the present value of an annuity formula we can determine the annual payment:

annual payment = present value of an annuity / PV annuity factor

  • present value of an annuity = $9,451.51
  • PV annuity factor 11%, 4 periods = 3.1024

annual payment = $9,451.51 / 3.1024 = $2,362.88

4 0
3 years ago
Match the definition to the term.
kodGreya [7K]

Answer:

1. A 2. C 3. B

Explanation:

3 0
3 years ago
The process of making decisions about goals and activities that an organization will pursue in the future is referred to as.
Anarel [89]

The process whereby a organization makes decisions about what they will do in the future is known as planning.

<h3>What is planning?</h3>

Planning simply means the process of thinking in order to achieve a desirable goal.

Planning is the process of making decisions about goals and activities that an organization will pursue in the future.

Organizations make plans in order to increase sales, revenue, etc.

Learn more about planning on:

brainly.com/question/25453419

6 0
2 years ago
A Corporation manufactures canoes in two departments, Fabrication and Waterproofing and uses a weighted-average process cost sys
Xelga [282]

Answer:

Explanation:

The journal entry is shown below:

Finished goods A/c Dr XXXXX

  To Work in progress A/c - Waterproofing XXXXX

(Being the completion of the production is recorded)

Since there are 2 steps to make the finished good. The first one is raw material and then process the raw material which we called work in progress account, After processing the product, the goods are ready to the sale which we called finished product.  

So, we debited the finished goods account and credited the work in progress account

6 0
3 years ago
Ace Inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outs
REY [17]

Answer:

b. $50,000 in total

Explanation:

Preference shareholders: The preference shareholders are that shareholders who receive the divided before equity shareholders

The computation of the annual dividend is shown below:

= Number of shares × price per share × rate

= 10,000 shares × $100 × 5%

= $50,000

The annual dividend for preference shareholders will be computed by applying the number of shares, the price per share, and the rate.

5 0
3 years ago
Other questions:
  • Blossom Company purchased a new machine on October 1, 2017, at a cost of $66,000. The company estimated that the machine has a s
    10·1 answer
  • The badys and their maid, alice, took a trip to hawaii for their summer vacation. the travel agent told ike bady that the trip w
    11·1 answer
  • To be successful a topic must be appropriate the audience, speaker and
    11·1 answer
  • Suppose that a tax is placed on books. if the sellers pay the majority of the tax, then we know that the
    14·1 answer
  • Sebastian purchases two pieces of equipment for $100,000. Appraisals of the equipment indicate that the fair market value of the
    9·1 answer
  • Goodman Auto started the year with total assets of $300,000 and total liabilities of $175,000. During the year, the business rec
    15·1 answer
  • Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their
    12·1 answer
  • Can someone help pick 1, 2,or 3 ?
    13·1 answer
  • What channel intermediary does not take title to products, but instead brings a seller and buyer together?.
    12·2 answers
  • Assume the manager is located at point B in the diagram above, and he is charging a price of P0. What does the demand for the fi
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!