FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Roy services (Oil Change) vehicles in his garage. His lubricants cost him $40 per vehicle. His wages are $120 per hour. He spends 20 minutes

Roy services (Oil Change) vehicles in his garage. His lubricants cost him $40 per vehicle. His wages are $120 per hour. He spends 20 minutes per vehicle. His garage rent is $600 per month. He charges $140 to service each vehicle. His Total Fixed cost is
a. $400
b. $600
c. $720
d. $680

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+ (c) Suppose Theorem 2.1 were weakened by strengthening its hypothesis to the assumption that is a o-field. Why would this weakened result not suffice for the proof of Theorem 3.1?

Answered: 1 week ago

Question

★★★★★
How does an organization's product mix relate to its development of a product line? When should an enterprise add depth to its product line rather than width to its product mix?

Answered: 1 week ago

Question

★★★★★
The following amounts summarize the financial position of Little Blue Dog Inc. on May 31,202X B During June 202X, the business completed these transactions: June 1: Received cash of $9000 and issued...

Answered: 1 week ago

Question

★★★★★
here is the question . please make a clear font and clear solution 4. (2 points) Let function f(x) be defined as f(x ) = Find the value of (if it is possible), that turns the function f(x) into the...

Answered: 1 week ago

Question

★★★★★
Serverless technologies is a good practice for Question 41 options: Security Excellence Operational Excellence Performance Excellence Cost Optimization Excellence

Answered: 1 week ago

Question

★★★★★
ttached File(s): Psych Discussion Rubric Moral Theory Read pages 300-309 of your text. There are two general types of moral theories: (1) Morality is relative and (2) Morality is universal. Which of...

Answered: 1 week ago

Question

★★★★★
Rambo Company has three products, A, B, and C. The following information is available: Product A Product B Product C Sales $60,000 $90,000 $24,000 Variable costs 36,000 48,000 15,000 Contribution...

Answered: 1 week ago

Question

★★★★★
After reading aloud a certain fable to his fifth graders, mr osmet asks some students 'so who can you tell me the moral of this story> When the students don't respond immediately he tells them, "the...

Answered: 1 week ago

Question

★★★★★
The following table gives amount of annual spending of a country s defense budget in billions of dollars for military construction Let x 12 correspond to the year 2012 Sketch the graph of the...

Answered: 1 week ago

Previous Question Next Question