Use the table below to answer the following questions.
Table 11.2.3 
-Refer to Table 11.2.3,which gives the total cost schedule for Brenda's Balloon Shop,a perfectly competitive firm.The average fixed cost of producing the 4th balloon is
Definitions:
Direct Materials Purchases Budget
A financial plan estimating the raw materials a company needs to purchase to meet its production goals.
Plastic Resin
A solid or highly viscous substance of plant or synthetic origin that is typically convertible into polymers.
Resin Cost
The price associated with acquiring resin materials, which are often used in manufacturing processes for plastics and polymers.
Materials Purchases Budget
An estimation of the total cost of materials required for production, planned for a specific period.
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