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1.Your cousin Vinnie owns a painting company with fixed costs ofand the following schedule for variable costs: Qty of Houses Painted / Month 1 2

1.Your cousin Vinnie owns a painting company with fixed costs ofand the following schedule for variable costs:

Qty of Houses Painted / Month 1 2 3 4 5 6 7

Variable Costs $10 $20 $40 $80 $160 $320 $640

What is the Avg. fixed Costs, the Avg. Variable Cost and the Avg. Total cost in dollars for each house that is painted.

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