Ask Question
BusinessBusiness
5 February, 05:15

At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $3.20. What is Pretty Flowers Florist's average total cost at their current output level?

A. $3.20

B. $7.30

C. $5.40

D. $8.60

+2
Answers (2)
  1. 5 February, 07:14
    0
    D. $ 8.60

    Explanation:

    The question requires the average total cost at the current output level.

    This would be the sum of the average variable cost and the average fixed cost at the current output level.

    Average variable cost $ 3.20

    Average fixed cost $ 5.40

    Average total cost $ 8.60
  2. 5 February, 07:33
    0
    The correct option is D: $8.60

    Explanation:

    Average fixed cost of Pretty Flowers = $5.40

    Average variable costs of Pretty Flowers = $3.20

    We are asked to calculate the Average total cost of Pretty Flowers at this current level

    Hence:

    Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

    If we substitute the value of these variables in the equation, we get:

    Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $3.20. What ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Buxmont Manufacturing reported the following year-end balances: Beginning work in process inventory, $40,000; beginning finished goods inventory, $60,000; ending work in process inventory, $20,000; ending finished goods inventory, $30,000;
Answers (1)
An individual's ecological footprint is equivalent to the: a. total amount of food consumed by that individual. b. total amount of energy used by that individual. c. total amount of carbon emissions from that individual's car. d.
Answers (1)
In a written report of their research, researchers specify exactly how anxiety, one of their variables, is assessed and defined in their experiment, thus providing their readers with a (n) :
Answers (1)
Bean, is analyzing the risk of each of the following options for expanding into a foreign market: 1. It could partner with Olé, a local bakery chain, to create a new company together (requiring Bean to manage a partner relationship). 2.
Answers (1)
Andrew gillum experience
Answers (1)
New Questions in Business
The globalization of business and changing demographic trends will present organizations with a tremendously culturally diverse workforce which represents the risk that: A.
Answers (1)
Brad Essary owned a small company that sold garden equipment. The equipment was expensive, and a perpetual system was maintained for control purposes.
Answers (1)
Why does Target use different hurdle rates for the store and credit cards (9% and 4%, respectively) ? What process would you use to estimate these discount rates to see if they are reasonable?
Answers (1)
Arguments against social responsibility
Answers (1)
When at work i take a bit of time settling in before starting my work tasks each day jump right in to my work as soon as i arrive at my job each day?
Answers (1)
Home » Business » At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $3.20. What is Pretty Flowers Florist's average total cost at their current output level? A. $3.20 B. $7.30 C. $5.40 D. $8.
Sign Up Forgot Password?