A Company That Produces Baseball Caps Has Fixed Costs of $100,000,and

question 55

Multiple Choice

A company that produces baseball caps has fixed costs of $100,000,and total variable costs of $40,000 for a production volume of 20,000 units.The average variable cost per unit is

• A)$5.00.
• B)$2.50.
• C)$0.20.
• D)$0.40.
• E)$2.00.

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Definitions:

Isotopes

Variants of a particular chemical element which differ in neutron number, and consequently in nucleon number.

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse, from one neuron (nerve cell) to another target neuron, muscle cell, or gland.

Internal Consistency

A measure of how well the items on a test or the components of a multi-dimensional instrument assess the same construct.

Coefficient Alpha

A measure of the internal consistency of a test or survey, indicating how closely related a set of items are as a group.