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Mighty muffler inc operates an automobile service facility that specializes in replacing mufflers in compact cars. The following table shows the cost incurred during a
Mighty muffler inc operates an automobile service facility that specializes in replacing mufflers in compact cars. The following table shows the cost incurred during a month when 700 mufflers were replaced.
Muffler replacements 600 700. 800
Total cost Fixed cost. a. $56,000 b Variable cost. c. 28,000 d Total cost. e 84000 f
Cost per muffler replacement Fixed cost. g h i Variable cost. j k l Total cost per muffler m n o
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