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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

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. What are the fixed costs per month and the unit variable
costs? Hint: Recall that Total costs = Fixed costs +(Unit variable costs)\times (Number of units

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