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Express Mailbox produces decorative mailboxes. The company's average cost per unit is $25.43 when it produces 1,500 mailboxes. Parts 1-5: Part 6: Part 6 Word
Express Mailbox produces decorative mailboxes. The company's average cost per unit is $25.43 when it produces 1,500 mailboxes. Parts 1-5: Part 6: Part 6 Word Bank for each of the 3 blanks: average cost per unit, cost equation, total cost
Requiremen 1. What is the total cost of producing 1,500 mailboxes? The total cost of producing 1,500 mailboxes is Requirement 2. If $21,645 of the total costs are fixed, what is the variable cost of producing each mailbox? The variable cost per unit is s Requirement 3. Write Express Mailbox's cost equation Requirement 4. If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1,600 mailboxes? The total cost is Requirement 5. If the plant manager uses the cost equation to predict total costs, what would the forecast be for 1,600 mailboxes? The total cost is $Step by Step Solution
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