Refer to the data given in Exercise 20.21.
The divisional accountant at Hotsounds has estimated the following cost data for the division is MP4 players. (There are no fixed costs.)
Quantity produced and sold per month ____________________ Average cost per unit
20........................................................................$450
40..........................................................................425
60..........................................................................410
80..........................................................................430
100........................................................................445
Required
1. Prepare a table of data, using the following column headings, quantity produced and sold per month, average cost per unit, total cost per month, changes in total cost.
2. Draw a graph that shows the total cost curve.