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Shannon's kettle corn is a small refreshment stand located near a
football stadium. its fixed expenses total $400 per week and the variable
cost per bag of popcorn is $0.50.
complete the table on the following page for the various activity levels
for one week. (round your cost per unit values to 2 decimal places.)
500
1,000
1,500
+
number of bags of popcorn
total fixed cost
fixed cost per bag of popcorn
total variable cost
variable cost per bag of popcorn
total cost
total cost per bag of popcorn

Sagot :

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Assuming the variable cost per bag of popcorn is $0.50. The table for the various activity levels for one week is: Total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.

Table for various activity levels

Number of Bags Of Popcorn            500 1000 1500

Total Fixed Costs                              400        400        400

Fixed Cost Per Bag of Popcorn       0.80       0.40      0.27

(400/500=0.80)   (400/1000=0.40)     (400/1500=0.27)  

Total Variable Cost                            250        500       750

($0.50×500=250) (0.50×1,000=$500) (0.50×1,500=$750)

Variable Cost Per Bag of Popcorn   0.50        0.50      0.50  

Total Cost                                           650         950      1150

(400+250=650)  (400+500=950)  (400+750=1150)

Total Cost Per Bag of Popcorn         1.30       0.90     0.77

(0.80+0.50=1.30)  (0.40+0.50=0.90)  (0.27+0.50=0.77)

Inconclusion the total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.

Learn more about Table for various activity levels here:https://brainly.com/question/26795739

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