General Electric Company manufactures industrial equipment using mixed costing. In October 2027, the company incurs the following costs related to its production and distribution:

• Fixed Costs: $50 million
• Variable Costs: $20 million
• Semi-Variable Costs: $15 million

Required:

• Classify each cost as fixed, variable, or semi-variable.
• Calculate the total manufacturing costs for General Electric Company.
• Determine the cost per unit produced assuming 1,000 units manufactured.
• Analyze the cost behavior of mixed costs in industrial equipment manufacturing.
• Discuss the impact of cost classification on pricing decisions.