Table 13-7 Teacher's Helper Is a Small Company That Has a Subcontract

question 238

Multiple Choice

Table 13-7
Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month.

-Refer to Table 13-7.What is the average fixed cost for the month if nine instructional modules are produced?

• A)$108.00
• B)$120.00
• C)$150.00
• D)$811.11

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Definitions:

Secured Interest

A legal claim or lien on collateral that has been pledged, often in relation to loans, to secure payment.

Deposit

A sum of money placed in trust or paid as a first installment on the purchase of something or as a guarantee of the buyer's intent to complete the purchase.

Refused Delivery

A situation where the recipient refuses to accept delivery of goods or packages.

Remedies

Legal means or measures available to a party to enforce a right or redress a harm or violation.