<\/p>
A company produces 12,000 units of a product. The total fixed costs are $80,000, and the total variable costs are $60,000. Calculate the average fixed cost per unit and the average variable cost per unit. <\/p>", "transcribed_text": "", "related_book": { "title": "Business Statistics A Decision Making Approach", "isbn": "013302184X, 978-0133021844", "edition": "9th Edition", "authors": "David F. Groebner, Patrick W. Shannon, Phillip C. Fry", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/645.jpg", "uri": "\/textbooks\/business-statistics-a-decision-making-approach-9th-editoin-645", "see_more_uri": "" }, "free_related_book": { "isbn": "085719609X", "uri": "\/textbooks\/the-choice-factory-25-behavioural-biases-that-influence-what-we-buy-1st-edition-978-0857196095-323663", "name": "The Choice Factory 25 Behavioural Biases That Influence What We Buy", "edition": "1st Edition" }, "question_posted": "2024-06-06 04:46:35", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/is-it-appropriate-to-view-firms-primarily-as-economic-entities", "description": "Is it appropriate to view firms primarily as economic entities?", "stars": 3 }, { "url": "\/study-help\/statistics-for-engineers-and-scientists\/a-measurement-of-the-diameter-of-a-disk-has-an-1255368", "description": "A measurement of the diameter of a disk has an uncertainty of \\(1.5 \\mathrm{~mm}\\). 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