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18-Total fixed costs for Toys and Trinkets Incorporated are $88,000. Total costs, including both fixed and variable, are $155,000 if 268,000 units are produced. The
18-Total fixed costs for Toys and Trinkets Incorporated are $88,000. Total costs, including both fixed and variable, are $155,000 if 268,000 units are produced. The total variable costs at a level of 275,000 units would be A) $68,750. B) $159,049. C) $90,299. D) $151,055. 19-Total fixed costs for Purple Figs Company are $52,000. Total costs, both fixed and variable are $160,000 if 80,000 units are produced. The fixed cost per unit at 80,000 units would be A) $1.35/unit. B) $0.65/unit C) $2.00/unit D) $2.65/unit 20-If production increases by 25%, how will total fixed costs likely react? A) Increase by 12.5% B) Increase by 25% C) Decrease by 25% D) Remain the same
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