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Greek Week Inc makes and sells sweatshirts for college students. The company normally produces and sells between 10,000 20,000 and per year The following cost

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Greek Week Inc makes and sells sweatshirts for college students. The company normally produces and sells between 10,000 20,000 and per year The following cost data applies to various activity levels Number of Sweatshirts Total Costs Incurred 10,000 $68,000 118,000 13,000 16.000 20,000 Fixed Variable Total Costs Cost per Unit Fixed Variable $6.80 5.00 11.80 Total Cost per Sweatshirt REQUIRED 1. Complete the schedule above by filling in the missing $ 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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