Computing Average Unit Costs The total monthly operating costs of Chili To Go are:$12,000 + $0.50X where X = servings of chili Determine the average cost per serving at each of the following monthly volumes: 100; 1,000; 5,000; and 10,000. Round answers to one decimal place. Volume Average Unit Cost 100 1,000 5,000 10,000 Determine the monthly volume at which the average cost per serving is $0.70.
Computing Average Unit Costs The total monthly operating costs of Chili To Go are:$12,000 + $0.50X where X = servings of chili Determine the average cost per serving at each of the following monthly volumes: 100; 1,000; 5,000; and 10,000. Round answers to one decimal place. Volume Average Unit Cost 100 1,000 5,000 10,000 Determine the monthly volume at which the average cost per serving is $0.70.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Computing Average Unit Costs
The total monthly operating costs of Chili To Go are:
$12,000 + $0.50X where X = servings of chili
Determine the average cost per serving at each of the following monthly volumes: 100; 1,000; 5,000; and 10,000. Round answers to one decimal place.
|
Volume |
Average Unit Cost |
|
100 |
|
|
1,000 |
|
|
5,000 |
|
|
10,000 |
|
Determine the monthly volume at which the average cost per serving is $0.70.
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