Computing Average Unit costs

timer Asked: Mar 24th, 2015

Question description

Computing Average Unit costs

The total monthly operation cost of Chili to Go are

  $12,000 + $0.50x  where  X = serving  of chili

a.  Determine the average cost per serving at each of the following monthly volumes 100; 1,000; 5,000 and 10,000

b.  Determines the monthly volume at which the average cost per serving is $0.70

Tutor Answer

(Top Tutor) Studypool Tutor
School: UIUC
Studypool has helped 1,244,100 students
flag Report DMCA
Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors