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Sea lions have been depleting the stock of steelhead trout. One idea to scare sea lions off the Washington state coast was to launch
Sea lions have been depleting the stock of steelhead trout. One idea to scare sea lions off the Washington state coast was to launch fake killer whales, predators of sea lions. The cost of making the first whale is $16,000-$5,000 for materials and $11,000 for the mold. The mold can be reused to make additional whales, so additional whales would cost $5,000 aplece. a. Calculate the total cost and average total cost of producing 1 to 10 fake killer whales by filling in the table below. Instructions: Enter your responses rounded to the nearest whole number. Quantity Total Costs of Mold ($) 1 11,000 2 3 4 5 6 7 8 9 10 Total Costs of Materials ($) 5,000 Total Costs Average Total Costs ($) ($) 16,000 c. What is the fixed cost of producing fake whales? Instructions: Enter your response rounded to the nearest whole number. d. What is the variable cost of producing each fake whale? Instructions: Enter your response rounded to the nearest whole number.
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