Question
K-Too Everwear Corporation can manufacture mountain climbing shoes for $25.85 per pair in variable raw material costs and $17.10 per pair in variable labor expense.
K-Too Everwear Corporation can manufacture mountain climbing shoes for $25.85 per pair in variable raw material costs and $17.10 per pair in variable labor expense. The shoes sell for $144 per pair. Last year, production was 130,000 pairs. Fixed costs were $1,180,000. |
What were total production costs? What is the marginal cost per pair? What is the average cost per pair?
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