Phi Upsilon Nu,a student social organization,has two different locations under consideration for constructing a new chapter house.PhUN's president,a POM student,estimates that due to differing land costs,utility rates,etc.,both fixed and variable costs would be different for each of the proposed sites,as follows: What would be total annual costs for the Alpha Ave.location with 20 persons living there?
A)$4,000
B)$10,000
C)$16,000
D)$20,000
E)$26,000

Question

Phi Upsilon Nu,a student social organization,has two different locations under consideration for constructing a new chapter house.PhUN's president,a POM student,estimates that due to differing land costs,utility rates,etc.,both fixed and variable costs would be different for each of the proposed sites,as follows:  What would be total annual costs for the Alpha Ave.location with 20 persons living there?
A)$4,000 
B)$10,000 
C)$16,000 
D)$20,000 
E)$26,000

Quizplus · Accepted Answer

According to the table, the total annual cost for the Alpha Ave. location with 20 persons living there would be $16,000. This is the lowest total annual cost out of all the options given. Therefore, the best choice would be the Alpha Ave. location.

Phi Upsilon Nu,a Student Social Organization,has Two Different Locations Under