answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
luda_lava [24]
2 years ago
8

A shoe factory produces 20 units of output. Its average fixed cost (AFC) = $25, average total cost (ATC) = $35, and marginal cos

t (MC) = $15. The shoe factories average variable cost (AVC) is ________.
Business
1 answer:
Masteriza [31]2 years ago
6 0

Answer:

$10

Explanation:

Data provided in the question

Number of units produced = 20 units

Average fixed cost = $25

Average total cost = $35

Marginal cost = $15

As we know that

Average total cost = Average fixed cost + average variable cost

$35 = $25 + average variable cost

So, the average variable cost is

= $35 - $25

= $10

The average total cost is the sum of average fixed cost and the average variable cost

You might be interested in
Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During
hammer [34]

Answer= The entry to record this transaction would include:

A debit to Organization Expenses for $5,000.

A credit to common stock for $4,000 and Paid in capital in excess of par-Common Stock of $1,000

Explanation:

Common stock = 400 x $10= $4000

Accounts                             Debit                  Credit

Organisation expense      $5,000

Common stock                                              $4,000

Paid in capital in excess of par value

of common stock                                            $1,000

( $5000 - $4000)

7 0
2 years ago
"A client, age 74 has $314,000 in her Traditional IRA. She is required to take an $11,000 RMD for this year. She does not need t
Schach [20]

Answer:

This action will result in her safe-guiding her investment portfolio in equities. For example, in a constant dollar plan, an investor keeps a constant dollar amount of the portfolio in equity securities.<em> If the equities' market value rises, the excess is transferred to fixed-income securities.</em>

Explanation:

4 0
2 years ago
The most critical aspect of a WAN services contract is how the service provider supplies troubleshooting, network management, an
omeli [17]

Answer: True

Explanation:

8 0
2 years ago
Ricardo pays the following taxes during the year: Ricardo's Taxes Taxes Amounts Real estate taxes on his personal residence $2,5
exis [7]
The answer is 5,000bdbrbgvtvdhdudidjrbrbfbtbfjf
7 0
2 years ago
Which of the following factors can impact your monthly auto insurance premium?
erastova [34]

Answer:

The correct answer is: Your age, driving record, and annual mileage.

Explanation:

Auto insurances take into account several risk factors at the moment of evaluating what type of coverage insureds should purchase. Individuals' <em>age (higher premium if older), driving record (higher premium if negative),  and average annual mileage (higher premium the more mileage</em>) are key factors insurance companies tend to consider to find out what is the most convenient policy for those people and based on that, the premium that will be charged every month.

6 0
2 years ago
Other questions:
  • When the price of a slice of pizza is $1.75, quantity demanded is 400. when the price per slice falls to $1.50, quantity demande
    9·1 answer
  • Which of the accompanying boxplots likely has the data with the larger standard​ deviation? why?
    12·1 answer
  • Within her company, Nadine utilizes a management style that varies according to the individual and environmental situation, with
    12·1 answer
  • A corporate bond was quoted yesterday at 102.16 while today's quote is 102.19. What is the change in the value of a bond that ha
    9·1 answer
  • Company A uses an accelerated depreciation method while Company B uses the straight-line method. All other things being equal, d
    10·1 answer
  • One of the key motives for mergers is​ ________. A. reducing the marginal tax rate B. to sell the assets of the target company t
    9·1 answer
  • At the end of the current year, Accounts Receivable has a balance of $4,375,000; Allowance for Doubtful Accounts has a debit bal
    14·1 answer
  • IDX Technologies is a privately held developer of advanced security systems based in Chicago. As part of your business developme
    7·1 answer
  • Which of the following statements is true about working in a CERT? A. CERT volunteers may be assigned to smaller teams for speci
    6·1 answer
  • The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending D
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!