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A car mechanic charges $200 per driver visiting to repair their car. The pure variable costs per visit in terms of medical supplies used amount
A car mechanic charges $200 per driver visiting to repair their car. The pure variable costs per visit in terms of medical supplies used amount to $30 per driver visit. The pure Fixed Costs to run the shop amount to $600,000. The shop has provided us with the following data for mechanic charges which were a semi-variable cost:
Customer Visit | Total Charge |
2000 | 240,000 |
2500 | 290,000 |
3000 | 320,000 |
3500 | 340,000 |
4000 | 370,000 |
4500 | 400,000 |
5000 | 420,000 |
Calculate the total cost of 5500 customer visits.
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