7.APC Pty Ltd incurred the following costs during production of its most popular product over a six-month period. The product sells for $95.

What would be the expected total cost of producing 400 units for a month?

Expected Cost:

Total variable cost (Variable cost per unit x New unit produced): ?

Fixed cost ?

Total cost ?

7. APC Pty Ltd incurred the following costs during production of its most popular product over a six-month period. The product sells for $95. Month Quantity produced Production costs 1 450 $31,800 420 $30,300 410 $29,750 380 $28,100 430 $30,800 460 $32,300b. What would be the expected total cost of producing 400 units for a month? Show all the workings in your answers. (Hints: Read Example 4 and Activity 7 on your workbook) Expected Cost: Total variable cost (Variable cost per unit x New unit produced): Fixed cost Total cost