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Mighty Muffler, Inc., operates an automobile service facility that specializes in replacing mufflers on compact cars. The following table shows the costs incurred during
Mighty Muffler, Inc., operates an automobile service facility that specializes in replacing mufflers on compact cars. The following table shows the costs incurred during a month when 700 mufflers were replaced. (Round "cost per muffler" to 2 decimal places.) Required: Fill in the missing amounts. Total costs: Fixed costs Variable costs Total costs Cost per muffler replacement: Fixed cost Variable cost Total cost per muffler replacement Muffler Replacements 600 700 800 $ 70,000 42,000 $ 112,000
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