Durable Toys Inc. wants to calculate from recent production data the monthly fixed costs and unit variable costs on its Mountain Trike product line. In the most recent month, it produced 530 Trikes at a total cost of $24,190. In the previous month, it produced 365 Trikes at a total cost of $18,745.

Hint: Recall that

Total costs = Fixed costs + (Unit variable costs) (Number of units produced)

What are the fixed costs per month and the unit variable costs?

Fixed costs per month$/month

Unit variable costs$