Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 29, 2024

Suppose, for producing 500 tables, the total fixed cost is R.O 13,750 and variable cost is R.O 10,500. Determine the average cost of production? a.

Suppose, for producing 500 tables, the total fixed cost is R.O 13,750 and variable cost is R.O 10,500. Determine the average cost of production?

R.O 3,250

R.O 48.5

R.O 24,250

R.O 500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Econophysics And Financial Economics An Emerging Dialogue

Authors: Franck Jovanovic, Christophe Schinckus

1st Edition

0190205032, 9780190205034

More Books

Students also viewed these Economics questions

Question

★★★★★

Equity Method: Premium Investments Ltd. bought 40% of the outstanding com-mon shares of Trans- BC Operations Ltd. in early 20X5 for $ 598,000. Premium Investments has significant influence. On this...

Answered: 1 week ago

Question

★★★★★

Companies make adjustments to more accurately reflect items on the income statement and the balance sheet. Select one: True False

Answered: 1 week ago

Question

★★★★★

=+C. Show that @ is generated by the arcs of C. Circular Lebesgue measure is defined as u = AT 1. Show that u is invariant under rotations: u[0z: z A] = p( A) for A E 6 and 0 C.

Answered: 1 week ago

Question

★★★★★

Refer to the data in Exercise 1125 for Starlight Glassware Company. Prepare journal entries to: In Exercise 1125, Starlight Glassware Company has the following standards and flexible-budget data....

Answered: 1 week ago

Question

★★★★★

Consider the following Motor Insurance Policy NATIONAL LIFE & GENERAL INSURANCE Schedule for motor comprehensive policy Member ld Policy Holder Name Issue Date/Time From Date : TR-20-APR-100 Ahmed...

Answered: 1 week ago

Question

★★★★★

5. The key reason for the radical audit reforms over the past decade is: A. The disparity of revenues and practices between the big rms and the smaller accounting practices B. The inability of...

Answered: 1 week ago

Question

★★★★★

1.1.9 Quiz: An Alternative to Riemann Sums 5 sin(x) Consider the function f(x) = +5.1.1 (+2), which is +5.1.1-(2+2) (x2+4x+5) graphed below on the interval [-2, 8]. 0 2 # Click here for long...

Answered: 1 week ago

Question

★★★★★

Volcano Pty Ltd (Volcano) operates three surfing stores in Queensland. On 8 August 2016, Gao was appointed to the position of managing director of Volcano for a period of two years. A return was...

Answered: 1 week ago

Question

★★★★★

One of your team members calls you and asks for your help unloading baggage from a flight which will arrive shortly. You are currently working at a different terminal finishing the loading process...

Answered: 1 week ago

Question

★★★★★

Given the evolving nature of cyber threats, how do you ensure that your knowledge stays current? In a rapidly changing digital landscape, staying informed about the latest cybersecurity trends is...

Answered: 1 week ago

Question

★★★★★

The student performed a specific heat capacity measurement of the same unknown fluid sample using the DSC and followed the Three-Run Method. They performed the heat flow calibration prior to their...

Answered: 1 week ago

Question

★★★★★

9. Explain the relationship between identity and communication.

Answered: 1 week ago

Question

★★★★★

a. How do you think these stereotypes developed?

Answered: 1 week ago

Question

★★★★★

a. How many different groups were represented?

Answered: 1 week ago

Previous Question Next Question