Reference no: EM13205327

Vipsana's Gyro House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro is $2.00. Vipsana pays her employees $60 per day. She also incurs a rent of $20 per day. Answer questions 17-10 accordingly.

1) Calculate Vipsana's variable cost per day when she produces 50 gyros using two workers?
A) $100 B) $124.40 C) $220 D) $240

2) Calculate Vipsana's total cost per day when she produces 50 gyros using two workers?
A) $100 B) $124.40 C) $220 D) $240

3) Calculate Vipsana's average fixed cost per day when she produces 50 gyros using two workers?
A) $2.00 B) $2.40 C) $0.40 D) $6.80

4) What is Vipsana's total cost per day when she does not produce any gyros and does not hire any workers?
A) $0 B) $2 C) $60 D) $20