Ritter Razors produces deluxe razors that compete with Gillette s Mach
Ritter Razors produces deluxe razors that compete with Gillette’s Mach line of razors. Total manufacturing costs are $100,000 when 20,000 packages are produced. Of this amount, total variable costs are $40,000. What are the total production costs when 25,000 pack- ages of razors are produced? Assume the same relevant range.
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