Question
The total monthly operating costs of Chili To Go are: $12,000 + $0.50X where X = servings of chili (a) Determine the average cost per
The total monthly operating costs of Chili To Go are: $12,000 + $0.50X 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 | $Answer |
| 1,000 | $Answer |
| 5,000 | $Answer |
| 10,000 | $Answer |
(b) Determine the monthly volume at which the average cost per serving is $0.70. $Answer
servings of chili
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
