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Please help me with this question. How can I figure out fixed costs and variable cost per unit? Q1) A company manufactures a single product
Please help me with this question. How can I figure out fixed costs and variable cost per unit?
Q1) A company manufactures a single product . The total cost of making 2,200 units is $61,000 and the total cost of making 3,000 units is $81,000. Within this range of activity : (a) What is the total fixed cost? (b) What is the variable cost per unit? (c) What is the total cost per unit at each level of activity? (Round to the nearest cent.)Step by Step Solution
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