K-Too Everwear Corporation can manufacture mountain climbing shoes for $19.8 per pair in variable raw material...

Transcribed Image Text:

K-Too Everwear Corporation can manufacture mountain climbing shoes for $19.8 per pair in variable raw material costs and $14.57 per pair in variable labor expense. The shoes sell for $148 per pair. Last year, production was 140,000 pairs. Fixed costs were $790,000. a. What were total production costs? Total production cost b. What is the marginal cost per pair? Marginal cost per pair K-Too Everwear Corporation can manufacture mountain climbing shoes for $19.8 per pair in variable raw material costs and $14.57 per pair in variable labor expense. The shoes sell for $148 per pair. Last year, production was 140,000 pairs. Fixed costs were $790,000. a. What were total production costs? Total production cost b. What is the marginal cost per pair? Marginal cost per pair