Cost schedule

-Using the data in the above table, the average fixed cost of producing 9 units per day is
A) $2.22.
B) $5.00.
C) $5.55.
D) $20.00.

Question

Cost schedule
 
-Using the data in the above table, the average fixed cost of producing 9 units per day is
A) $2.22. 
B) $5.00. 
C) $5.55. 
D) $20.00.

Quizplus · Accepted Answer

The average fixed cost is the total fixed cost divided by the number of units produced. In this case, the total fixed cost is $20 and the number of units produced is 9. Therefore, the average fixed cost is $20 / 9 = $2.22.

Cost Schedule -Using the Data in the Above Table, the Average Fixed