Use the Following to Answer Questions 11-16

question 9

Multiple Choice

Use the following to answer questions 11-16:

-If the firms hires 5 workers,the average variable costs equals

• A)$200
• B)$50
• C)$80
• D)$40

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Definitions:

Multiple-Step

An income statement format that separates operating revenues and expenses from non-operating activities, providing a detailed view of a company's financial performance.

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made on a periodic basis rather than continuously.

Perpetual Inventory System

An accounting method that records inventory purchases and sales in real-time, providing a continuous account of inventory balances.