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The following data have been extracted from the records of Puzzle Inc.: February 10,000 August 20,000 $24,000 Production level, in units Variable costs Fixed costs
The following data have been extracted from the records of Puzzle Inc.: February 10,000 August 20,000 $24,000 Production level, in units Variable costs Fixed costs Mixed costs Total costs 20,000 $80,000 36,000 ? $118,000 Production level, in units Variable costs February 10,000 $ 24,000 36,000 20,000 $ 80,000 A ugust 20,000 $ 48,000 36,000 34,000 $ 118,000 Fixed costs Mixed costs Total costs Cost formula $ 6,000 + $ 1.40 per unit Calculate the total cost that would be incurred for the production of 16,000 units. (Do not round intermediate calculations.) Total cost Identify the two key cost behavior assumptions made in the calculation of your answer to part c. Cost behavior pattern is . Relevant range
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