Solved

Your Memory Lane Creates Custom Art Prints That Use Graphs

Question 65

Multiple Choice

Your Memory Lane creates custom art prints that use graphs and icons in a street scene to commemorate special occasions.Suppose that Your Memory Lane has priced its product at $350 per print.Further,it has determined that the company's fixed cost is $12,500,with average variable costs per print of $250.What is the fixed cost contribution per print?


A) $225
B) $100
C) $605
D) $2
E) $1

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions