Multiple Choice
Sea Side Enterprises is trying to predict the cost associated with producing its anchors.At a production level of 5,000 anchors,Sea Side Enterprises' average cost per anchor is $52.00.If $15,000 of the total costs are fixed,what is the variable cost of producing each anchor?
A) $3.00
B) $49.00
C) $245.00
D) $52.00
Correct Answer:
Verified
Correct Answer:
Verified
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