Use the Following to Answer Question

question 111

Multiple Choice

Use the following to answer question:
-(Table: Cakes) Use Table: Cakes.Pat is opening a bakery to make and sell special birthday cakes.She is trying to decide how many mixers to purchase.Her estimated fixed and average variable costs if she purchases 1,2,or 3 mixers are shown in the table.Assume that average variable costs do not vary with the quantity of output.If Pat purchases 1 mixer and bakes 200 cakes per day,what is her average fixed cost?

• A)$5
• B)$10
• C)$200
• D)$1,000

---

Definitions:

Universalization Test

A principle in ethics that evaluates the morality of actions based on their applicability to all individuals in similar situations.

Sarbanes-Oxley Act

A U.S. law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.

Financial Reports

Detailed records of a company or organization's financial health, performance, and cash flows over a specific period.

Public Disclosure

The act of making information or data known to the public, especially in contexts requiring transparency and accountability.