Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 280 $ 4,800 $ 8,000 $
The following costs were for Optimal View Inc., a contact lens manufacturer:
| Output | Fixed Cost | Variable Cost | Total Costs | |||
| 280 | $ | 4,800 | $ | 8,000 | $ | 12,800 |
| 330 | 4,800 | 10,000 | 14,800 | |||
| 380 | 4,800 | 12,000 | 16,800 | |||
| 430 | 4,800 | 14,000 | 18,800 | |||
At an output level of 500 lenses, per unit total cost is projected to be:
Multiple Choice
-
$38.65.
-
$49.47.
-
$32.25.
-
$43.20.
-
$41.36.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started