Question

A
Learning Task No. 4: Choose the letter of the correct answer. Write your an-
swer in your notebook.
1. It refers to the total cost of production divided by the number of units pro-
duced. It can also be obtained by summing the average variable costs and the
average fixed costs.
A. Fixed Cost
C. Total cost
B. Average Cost
D. Variable Cost
2. It takes into account all the costs incurred in the production process or when
offering a service.
A. Fixed Cost
C. Total cost
B. Average Cost
D. Variable Cost
3. Refers to the total sum of money needed for the production of a particular
quantity of output.
A. Selling Price
C. Total Cost
B. Unit Cost
D. Food Cost percentage
4. Costs are expenses that do not change with the amount of output produced.
A. Fixed Cost
C. Total cost
B.
Average Cost
D. Variable cost
5. It is a market value or agreed exchange value that enables a buyer to pur-
chase goods or services.
C. Break even price
A. Selling Price
D.
Total Price
B.
Average price​

Answer 1

Answer:

1. B. (Average Cost)

2. C. (Total Cost)

3. B. (Unit Cost)

4. A. (Fixed Cost)

5. A. (Selling Price)

Explanation:

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Answer 2

Answer:

Answer:

1. B. (Average Cost)

2. C. (Total Cost)

3. B. (Unit Cost)

4. A. (Fixed Cost)

5. A. (Selling Price)

Explanation:

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