BBC manufactures whiteboards. In March 2022, the variable production costs per unit were $15 and the average
Question:
BBC manufactures whiteboards. In March 2022, the variable production costs per unit were $15 and the average fixed production costs per unit (based on 5,000 whiteboards produced and sold) were $25. The relevant range is 0 to 8,000 units.
a. What are fixed costs?
b. What are the total production costs in March?
c. Assume that in April, 4,000 whiteboards are produced and sold. What are total production costs in April?
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a b c Fixed costs remain the same no matter how ...View the full answer
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