Question
Your assistant was called away for a medical emergency while he was working on Frosty Cola's cost structure for last month. He was not able
Your assistant was called away for a medical emergency while he was working on Frosty Cola's cost structure for last month. He was not able to finish his analysis; however, you have a meeting with the chief financial officer in fifteen minutes and he is expecting this information in its entirety. Your assistant was able to jot down the following for you before he left, shouting on his way out the door, "Remember, all labor units are paid equally and that's our only variable input right!"
a)each blank is worth 1 point
Labor Q Fixed Cost Variable Cost Total Cost
=========================================================
0 0 ______ $0 ______
1 100 ______ ______ ______
2 500 ______ ______ ______
3 750 ______ ______ ______
4 790 ______ $2,000 ______
5 800 ______ ______ $9,500
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