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The Plastic Toy Company sells fashion figures. The normal selling price is $19 per unit and costs are as follows: Variable production costs: $5

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The Plastic Toy Company sells fashion figures. The normal selling price is $19 per unit and costs are as follows: Variable production costs: $5 per unit Variable marketing costs: $1 per unit Factory rent (fixed): $100 Administrative costs (fixed): $20 The firm currently produces and sells 10 units. The factory it rents has the capacity to produce up to 15 units. 1. What is the firm's current total cost? 2. What is its average cost per unit?

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