Pound Drycleaners has capacity to clean up to 5,000 garments per month. Requirements Complete the schedule below for the three volumes shown. 2. Why does the average cost per garment change? 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total costs? By how much? Requirement 1. Complete the following schedule for the three volumes shown. (Round all unit costs to the nearest cent and all total costs to the nearest whole dollar.) 2,000 3,500 5,000 Garments Garments Garments Total variable costs $ 2, 100 Total fixed costs Total operating costs Variable cost per garment 2.40 Fixed cost per garment Average cost per garment Requirement 2. Why does the average cost per garment change? The average cost per garment changes as volume changes, due to the V component of the dry cleaner's costs. The cost per unit decreases as volume V, while the variable cost per unit Requirement 3. Suppose the owner, Damien Pound, erroneously uses r unit at full capacity to predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total costs? By how much? He would his costs by fixed variable Time Remaining: 01:21:54 Submit quizPound Drycleanevs has capacity to clean up to 5,000 garments per month. Requirements 1. Complete the schedule below for the three volumes shown. 2. Why does the average cost per garment change? 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacityto predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total costs? By how much? Requirement 1. Complete the following schedule for the three volumes she/mm. (Round all unit costs to the nearest cent and all total costs to the nearest whole dollar.) 2,000 3,500 5,000 Garments Garments Garments Total variable costs $ 2.100 Total xed costs Total operating costs Variable cost per garment Fixed cost per garment H Average cost per garment Requirement 2. Why does the average cost per garment change? The average cost per garment changes as volume changes. due to the 7 component of the dry cleaners costs. The E cost per unit decreases as volume 7 . while the variable cost per unit Requlromont 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacityto predict tot: of 2.000 garments, Would he overestimate or underestimate his total costs? By how much? He would his costs b y xed variable Time Remaining: 01:21:46 m Pound Drycleaners has capacity to clean up to 5,000 garments per month. Requirements 1. Complete the schedule below for the three volumes shown. 2. Why does the average cost per garment change? 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total costs? By how much? OLD Requirement 1. Complete the following schedule for the three volumes shown. (Round all unit costs to the nearest cent and all total costs to the nearest whole dollar.) 2,000 3,500 5,000 Garments Garments Garments Total variable costs $ 2,100 al fixed costs Total operating costs Variable cost per garment Fixed cost per garment 2.4 Average cost per garment Requirement 2. Why does the average cost per garment change? The average cost per garment changes as volume changes, due to the component of the dry cleaner's costs. The cost per unit decreases as volume while the variable cost per unit Requirement 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of 2,000 garments. Would derestimate his total costs? By how much? He would his costs by decreases increases Time Remaining: 01:21:38 Submit quizPound Drycleaners has capacity to clean up to 5,000 garments per month. Requirements 1. Complete the schedule below for the three volumes shown. 2. Why does the average cost per garment change? 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total costs? By how much? Requirement 1. Complete the following schedule for the three volumes shown. (Round all unit costs to the nearest cent and all total costs to the nearest whole dollar.) 2,000 3,500 5,000 Garments Garments Garments Total variable costs $ 2, 100 Total fixed costs Total operating costs Variable cost per garment Fixed cost per garment 2.4 Average cost per garment Requirement 2. Why does the average cost per garment change? The average cost per garment changes as volume changes, due to the component of the dry cleaner's costs. The cost per unit decreases as volume , while the variable cost per unit Requirement 3. Suppose the owner, Damien Pound, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total co He would his costs by decreases increases remains constant 21:30 Submit quiz