Question 1
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow.


Refer to Figure 8.4. If twelve microwave ovens are produced, average variable costs are
◦ $16.67.
◦ $41.67.
◦ $66.67.
◦ $166.67.
Question 2
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow.


Refer to Figure 8.4. If twelve microwave ovens are produced, Micro Oven's average total costs are
◦ $25.
◦ $41.67.
◦ $50.
◦ $66.67.