The following recipe, Make-It-Mine Pot Roast, provides a basic formula for braising pot roast using your choice of liquid seasoning, dried herbs, potatoes, and vegetables. With hands-on prep time of just 30 minutes (and a cooking time of 1 hour 45 minutes), the recipe makes 6 to 8 servings.
Rabina Sherchan. Average Variable Cost (AVC) is defined as total variable cost divided by the number of units of output. Average variable cost helps to provide a measure of variable costs on a per unit basis. The formula can be represented as Total Variable Cost divided by the output. AVC=TVC/output.
If the average selling price is $.60 per unit, the average variable cost is $.36 per unit, and the total fixed costs are $1,500, then sales of 15,000 units will result in operating profits of $3,600. Answer: False Difficulty: Moderate Learning Objective: 1 AACSB: Analytic T F 9.