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Consider the behavior of variable and fixed costs. Label and supply the missing $ amounts for a-f at the top of the answer box. After
Consider the behavior of variable and fixed costs. Label and supply the missing $ amounts for a-f at the top of the answer box. After the answer for f, label and show any work for your answers. (Assume fixed costs are within the relevant range for both levels of production).
2,000 Puzzles 10,000 Puzzles
Fixed Costs: $20,000 (a)
Variable Costs: (b) $25,000
Fixed Cost / unit: (c) (d)
Variable Cost / unit: (d) (f)
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