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Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza, $4.00 in ingredients per pizza K $0.20 in electricity per pizza,
Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza, $4.00 in ingredients per pizza K $0.20 in electricity per pizza, $2,000 in restaurant rent per month, and $300 in insurance per month. Assume the pizza parlor produces 8,000 pizzas per month. What is the variable cost of production (per month)? The variable cost of production is $ 73,600 . (Enter your response as an integer) What is the fixed cost of production (per month)? The fixed cost of production is $ .(Enter your response as an integer.)
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