Raphael's Salon Has $5,000 in Fixed Costs and $15,000 in Variable

question 64

Multiple Choice

Raphael's Salon has $5,000 in fixed costs and $15,000 in variable costs monthly.Raphael's Salon performs 1,500 haircuts per month.What is the average total cost for Raphael's Salon?

• A) $0.075
• B) $7.00
• C) $8.00
• D) $13.33

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Definitions:

Short-Term

Pertaining to a limited period of time, often used to describe memory or goals that are not meant to be retained or achieved over a long duration.

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Expected Lingering Death

A death that is anticipated after a prolonged illness, where the timing and progression of the illness can be predicted to some extent.

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