Sea Side Enterprises is trying to predict the cost associated with producing its anchors. At a production level of 5100 anchors, Sea Side Enterprises' average cost per anchor is $52 If $18,000 of the total costs are fixed, what is the variable cost of producing each anchor

$48.47

Explanation:

Data given in the question

Number of Anchors produced = 5,100

Average cost per anchor = $52

Fixed cost = $18,000

As we know that

Total cost = Fixed cost + variable cost

where,

Total cost is

= 5,100 anchors × $52

= $265,200

And, the fixed cost is $18,000

So, the variable cost is

= $265,200 - $18,000

= $247,200

And, the number of anchors is produced is 5,100

So, the variable cost for each anchor is

= $247,200 ÷ 5,100

= $48.47

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answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;