Exercise 8-31 (Static) Cost Relationships [LO 8-2] The following costs are for Optical View Incorporated, a contact lens manufacturer: Output in Units 250 Fixed Costs Variable Costs Total Costs $ 4,750 4,750 $ 7,500 9,000 4,750 10,500 4,750 12,000 Required: 1. Calculate and graph total costs, total variable cost, and total fixed cost. (Use the line tool to draw the total costs, total variable cost, and total fixed cost. To complete the graph, click on a cost item and then click the graph to bring up data coordinates. Enter the exact data coordinates for each cost item. Save each cost item and move to the next.) COSTS $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 000'9$ 300 350 400 $4,000 2,000 $ 12,250 13,750 15,250 16,750 Tools Fixed Cost Variable Cost Total Cost

Exercise 8-31 (Static) Cost Relationships [LO 8-2] The following costs are for Optical View Incorporated, a contact lens manufacturer: Required: 1. Calculate and graph total costs, total variable cost, and total fixed cost. (Use the line tool to draw the total costs, total variable cost, and total fixed cost. To complete the graph, click on a cost item and then click the graph to bring up data coordinates. Enter the exact data coordinates for each cost item. Save each cost item and move to the next.)