Question: Based on the following cost data, items labeled (a) and (b) in the table below are which of the following amounts, respectively? 1. (a) =
Based on the following cost data, items labeled (a) and (b) in the table below are which of the following amounts, respectively?
1. (a) = $5.00; (b) = $2.00
2. (a) = $3.00; (b) = $3.00
3. (a) = $2.50; (b) = $2.00
4. (a) = $5.00; (b) = $4.00
Number of units: Total cost: Variable Fixed Cost per unit: Variable Fixed 1,500 $7,500 $6,000 $5 $4 3,000 $15,000 $6,000 (a) (b)
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