Best Birdies produces ornate birdcages. The company's average cost per unit is $23 when it produces 2600 birdcages. If $5900 of the total costs are fixed, what is the variable cost of producing each birdcage? Question 44 options: $2.27 $53,900.00 $20.73 $23.00
Best Birdies produces ornate birdcages. The company's average cost per unit is $23 when it produces 2600 birdcages. If $5900 of the total costs are fixed, what is the variable cost of producing each birdcage? Question 44 options: $2.27 $53,900.00 $20.73 $23.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Best Birdies produces ornate birdcages. The company's average cost per unit is $23 when it produces 2600 birdcages. If $5900 of the total costs are fixed, what is the variable cost of producing each birdcage?
Question 44 options:
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$2.27
|
|
$53,900.00
|
|
$20.73
|
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$23.00
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