Consider the following costs for producing a product:

VC per unit when level of activity or volume (LAV) is 500 units	$ 150
FC per unit when LAV is 200 units	$ 60

Required: Calculate each of the following:

1. Total costs of production when LAV is 500 units = $ _______________

2. Cost per unit (unit cost) when LAV is 200 units = $ _______________

3. Total cost of production when LAV is 300 units = $ _______________

4. Cost per unit (unit cost) when LAV is 40 units = $ _______________

5. Total cost when LAV is zero units = $ _______________

Q3: Consider the following costs for producing a product: VC per unit when level of activity or volume (LAV) is 500 units $ 150 FC per unit when LAV is 200 units $ 60 Required: Calculate each of the following: = = $ = $ 1. Total costs of production when LAV is 500 units 2. Cost per unit (unit cost) when LAV is 200 units 3. Total cost of production when LAV is 300 units 4. Cost per unit (unit cost) when LAV is 40 units 5. Total cost when LAV is zero units = $ = $ = $