Question: AutoSave OFT Home Insert Draw Page Layout Formulas Data Review View Develd Calibri (Body) 11 ' General = = Paste BIU . $ % D2

AutoSave OFT Home Insert Draw Page Layout Formulas Data Review View Develd Calibri (Body) 11 ' General = = Paste BIU . $ % D2 x fx 8 D E F G Price (dollars) Total Production Cost (dollars) 1580 11864 1383 16153 1356 16261 1241 20381 976 21713 702 34476 1 Volume of Production 2 10 3 30 35 5 45 6 70 7 100 B 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 -6 7 8 9 0 1 2 3 4 5 6 7 8 02 + Given the attached file containing the volume of production (or sales), and corresponding sales price and total costs. You may ignore the price data. 1. Compute the total fixed costs. The potential answers are: A: 18050 dollars. B: 15421 dollars. C: 8692 dollars. D: 14764 dollars. E: 10265 dollars. 2. Compute the variable cost per unit of product. The potential answers are: A: 269 dollars. B: 254 dollars. C: 249 dollars. D: 237 dollars. E: 223 dollars. 3. Compute the standard deviation of your total costs estimate. The potential answers are: A: 2345 dollars. 3. Compute the standard deviation of your total costs estimate. The potential answers are: A: 2345 dollars. B: 2204 dollars. C: 1710 dollars. D: 5116 dollars. E: 1308 dollars

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