suon: 20 pts 1 of 20 (0 complete) Rollins Mailbox produces decorative mailboxes. The company's average cost per unit is $20.43 when it produces 1,000 mailboxes. Requirements 1. What is the total cost of producing 1,000 mailboxes? 2. $10,430 of the total costs are fixed, what is the variable cost of producing each mailbox? 3. Write Rollins Mailbox's cost equation. 4. the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1,400 mailboxes? 5. If the plant manager uses the cost equation to predict total costs, what would the forecast be for 1,400 mailboxes? 6. What is the dollar difference between your answers to questions 4 and 5? Which approach to forecasting costs is appropriate? Why? Requirement 1. What is the total cost of producing 1,000 mailboxes? The total cost of producing 1,000 mailboxes is $ L Requirement 2. 1 $10,430 of the total costs are fixed, what is the variable cost of producing each mailbox? The variable cost per unit is $ Requirement 3. Write Rollins Mailbox's cost equation yos x+5 L Requirement 4. If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1,400 mailboxes? The total cost is $ Requirements. If the plant manager uses the cost equation to predict total costs, what would the forecast be for 1,400 mailboxes? The total cost is $ Choose from any list or enter any number in the input fields and then continue to the next question Requirement 4. If the plant manager uses the average cost per unit to predict total costs, what would the forecast be for 1,400 mailboxes? The total cost is $ . Requirement 5. If the plant manager uses the cost equation to predict total costs, what would the forecast be for 1,400 mailboxes? The total cost is $ . Requirement 6. What is the dollar difference between your answers to Questions 4 and 5? Which approach to forecasting costs is appropriate? W The plant manager's forecast would be $ The method, he/she is erroneously assuming that the too high if he/she uses the to predict costs is based on a mixed cost that will change as volume changes. If the manager uses this does not change at different volumes. The to predict costs since it correctly takes into account the variable and manager should use the foxed components of producing mailboxes Choose from any list or enter any number in the input fields and then continue to the next