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Greek Sportswear makes and sells sweatshirts for college students. The company normally produces and sells between 50,000 and 100,000 per year The following cost data

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Greek Sportswear makes and sells sweatshirts for college students. The company normally produces and sells between 50,000 and 100,000 per year The following cost data applies to various activity levels 80,000 Number of Sweatshirts Total Costs Incurred 50,000 65,000 100,000 Fixed Variable Total Costs $340,000 $250,000 $590,000 Cost per Unit Fixed Variable $6.80 $5.00 $11.80 Total Cost per Sweatshirt REQUIRED 1. Complete the schedule above byfilling in the missing S amounts for the 4 different levels of activity shown in the first row of the table. Round all cost per unit figures to the nearest whole penny 2. Explain why the total cost per sweatshirt decreases as the number of sweatshirts increases

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