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A business incurs the following costs: Labor: $200/unit Materials: $40/unit Rent: $250,000/month The firm produces 2 million units per month. The total variable cost, per

A business incurs the following costs:

Labor: $200/unit

Materials: $40/unit

Rent: $250,000/month

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.

Please assist with how I calculate.

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