Question
A business incurs the following costs: Labor: $195/unit Materials: $95/unit Rent: $350,000/month Assume the firm produces 2 million units per month. The total variable cost,
A business incurs the following costs:
| Labor: $195/unit | |
| Materials: $95/unit | |
| Rent: $350,000/month |
Assume the firm produces 2 million units per month.
The total variable cost, per month, is million. ?
The total fixed cost, per month, is million.?
The total cost is million.?
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
