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Question - Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.60 for 2,400 and $0.55 for 4,800.

Required: If the total cost function for croissants is linear, what will be the average cost to bake 4,000? (Do not round intermediate calculations. Round your final answer to 4 decimal places.)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92526181
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