Question
Computing Average Unit Costs The total monthly operating costs of Chili To Go are: $10,000+ $0.30X where X = servings of chili (a) Determine the
Computing Average Unit Costs The total monthly operating costs of Chili To Go are: $10,000+ $0.30X where X = servings of chili (a) Determine the average cost per serving at each of the following monthly volumes: 100; 1,000; 5,000; and 10,000.
| Volume | Average Unit Cost |
|---|---|
| 100 | $______ |
| 1,000 | $______ |
| 5,000 | $______ |
| 10,000 | $______ |
(b) Determine the monthly volume at which the average cost per serving is $0.70. _________ servings of chili
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Building Financial Models
Authors: John Tjia
2nd Edition
0071608893, 978-0071608893
