The following costs are for Optical View Inc., a contact lens manufacturer: Output in Units Fixed Costs
Question:
The following costs are for Optical View Inc., a contact lens manufacturer:
| Output in Units | Fixed Costs | Variable Costs | Total Costs |
| 250 | $4,750 | $7,500 | $12,250 |
| 300 | $4,750 | $9,000 | $13,750 |
| 350 | $4,750 | $10,500 | $15,250 |
| 400 | $4,750 | $12,000 | $16,750 |
Required
1. Graph total cost, total variable cost, and total fixed cost.
2. Graph the per-unit total cost, per-unit variable cost, and per-unit fixed cost.
3. Discuss the behavior of the fixed, variable, and totalcost.
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1 2 Output in Units Fixed Costsunit Variable Costsunit Total Costsunit 250 1900 30 4900 300 158...View the full answer
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Related Book For 
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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