Question
Vita Boost Pets produces a line of cat food. In August, it produced and sold 1,000 bags of food. Total food costs were $19,000. In
Vita Boost Pets produces a line of cat food. In August, it produced and sold 1,000 bags of food. Total food costs were $19,000. In September, it produced 2,000 bags of food. Which of the following statements is true for September?
Total fixed costs will be $38,000
Total fixed costs will be $9.500
Fixed cost per unit will be $19.00
Fixed costs per unit will be $9.50
Step by Step Solution
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Step: 1
Fixed cost at 1000 Units 19000 Fixed cost remains constant ...
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
78034698, 978-0077502287, 77502280, 978-0078034695
