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HTC produced 1,800,000 handsets last year and sold them for $140 each. The cost of components was $80 per handset and it cost $25 to
HTC produced 1,800,000 handsets last year and sold them for $140 each. The cost of components was $80 per handset and it cost $25 to assemble them into phones. Fixed costs were $153,000,000. Part 1 (*) Attempt 1/10 for 10 pts. What was the variable cost per phone? Part 2 Attempt 1/10 for 10 pts. What was the marginal cost per phone? Part 3 (*) Attempt 1/10 for 10 pts. What were the total costs? Part 4 (*) Attempt 1/10 for 10 pts. What was the average cost per phone
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