Question
A hot dog company produces and sells specialty hot dogs. Last year, it produced 8,000 Beef, Chicken, and Pork hot dogs and sold each one
A hot dog company produces and sells specialty hot dogs. Last year, it produced 8,000 Beef, Chicken, and Pork hot dogs and sold each one for $8. The company incurred variable costs of $24,000 and a total cost of $30,000.
What was this company's average fixed cost to produce 8,000 specialty hot dogs?
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The Vanishing American Corporation Navigating The Hazards Of A New Economy
Authors: Jerry Davis, Gerald F Davis
1st Edition
1626562792, 9781626562790
