Exhibit 21-7 ​

question 37

Multiple Choice

Exhibit 21-7
​

-Refer to Exhibit 21-7. The total variable cost of producing 3 units is

• A)$31.00.
• B)$51.00.
• C)$17.00.
• D)$60.00.
• E)There is not enough information to answer this question.

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Definitions:

Mean Value

The average of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.

Mode

The mode, or the value with the highest frequency, in a set of numbers.

Males

Refers to the male gender or sex, typically used in studies or statistics to denote participants or subjects that are biologically male.

Females

Females refer to the sex of an organism, or a part of an organism, that produces non-mobile ova (egg cells) and can typically bear offspring or produce seed.