Exhibit 7-12 Cost schedule for producing pizza
Pizzas
FixedCost
VariableCost
TotalCost
0
$
$
$
1
48
2
17
3
27
4
78
5
40
6
64
7
80
In Exhibit 7-12, the AFC of 4 pizzas is:
A. $10.
B. $9.50.
C. $19.50.
D. $40.
Answer: A
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