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Smith Corporation currently produces 10,000 footballs/year in its manufacturing facility. At this level of production, fixed costs are $25,000 and variable costs are $8/unit. a.
Smith Corporation currently produces 10,000 footballs/year in its manufacturing facility. At this level of production, fixed costs are $25,000 and variable costs are $8/unit. a. What are Smith's total costs at the current level of production? b. What are the total costs per unit at the current level of production? c. What are the fixed costs per unit at the current level of production? d. If Smith were to increase production to 12,000 units (within relevant range) what would be Smith's total costs? e. At the 12,000 units of production level, what would be the total costs per unit? f. At the 12,000 units of production level, what would be the fixed costs per unit
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