Examlex

Solved

Table 13-7
the Following Table Shows the Production Costs for the Flying

question 64

Multiple Choice

Table 13-7
The following table shows the production costs for The Flying Elvis Copter Rides.


 Output  (Helicopter  rides)   Total  Cost  (Dollars)   Fixed  Cost  (Dollars)   Variable  Cost  (Dollars)   Marginal  Cost  (Dollars)   Average  Fixed Cost  (Dollars per  ride)   Average  Variable  Cost  (Dollars per  ride)   Avera  Total Cost  (Dollars  ride)  0505001150 A BCDEF2GHI120 J K L3MNOPQ120R\begin{array} { | c | c | c | c | c | c | c | c } \hline \begin{array} { c } \text { Output } \\\text { (Helicopter } \\\text { rides) }\end{array} & \begin{array} { c } \text { Total } \\\text { Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Fixed } \\\text { Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Variable } \\\text { Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Cost } \\\text { (Dollars) }\end{array} & \begin{array} { c } \text { Average } \\\text { Fixed Cost } \\\text { (Dollars per } \\\text { ride) }\end{array} & \begin{array} { c } \text { Average } \\\text { Variable } \\\text { Cost } \\\text { (Dollars per } \\\text { ride) }\end{array} & \begin{array} { c } \text { Avera } \\\text { Total Cost } \\\text { (Dollars } \\\text { ride) }\end{array} \\\hline 0 & 50 & 50 & 0 & - - & - & - & - \\\hline 1 & 150 & \mathrm {~A} & \mathrm {~B} & \mathrm { C } & \mathrm { D } & \mathrm { E } & \mathrm { F } \\\hline 2 & \mathrm { G } & \mathrm { H } & \mathrm { I } & 120 & \mathrm {~J} & \mathrm {~K} & \mathrm {~L} \\\hline 3 & \mathrm { M } & \mathrm { N } & \mathrm { O } & \mathrm { P } & \mathrm { Q } & 120 & \mathrm { R } \\\hline\end{array}



-Refer to Table 13-7. What is the value of B?

Interpret the pH scale and the concentration of hydrogen and hydroxide ions in solutions.
Understand the concept of buffers and their function in regulating pH in solutions.
Understand the importance and components of a corporate code of ethics in the workplace.
Gain knowledge on the impact of culture on communication and the strategies for effective multicultural communication.

Definitions:

Unit Selling Price

The price at which a single unit of a product is sold to customers, not including any additional fees or taxes.

Variable Costs

Expenditures that fluctuate in alignment with production levels or sales figures.

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, indicating how much revenue is contributing to fixed costs and profit.

Margin Ratio

A financial metric that compares a company's gross profit margin to its revenue, indicating the percentage of sales revenue that remains after accounting for the cost of goods sold.

Related Questions