Scenario 13-16 A Certain Firm Produces and Sells Staplers. Last Year, It

question 529

Multiple Choice

Scenario 13-16
A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
-Refer to Scenario 13-16.In producing the 7,000 staplers,the firm's average total cost was

• A) $2.43.
• B) $4.00.
• C) $6.00.
• D) $6.43.

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Definitions:

Deamination

The removal of an amino group from an amino acid or other compound, often a metabolic process producing ammonia.

Amino Acids

Organic compounds that combine to form proteins, serving as the building blocks of life, essential for various biological processes.

Energy

The ability to do work or cause change; can be stored in chemical compounds, objects in motion, and other forms.

Oxidative Deamination

A metabolic process in which an amino group is removed from an amino acid, producing a keto acid and ammonia, primarily occurring in the liver.