Question: Determine the total variable cost and total fixed cost for Company II based on the following data: Total Costs at 5,000 units: $150,000 Total Costs

Determine the total variable cost and total fixed cost for Company II based on the following data:

  • Total Costs at 5,000 units: $150,000
  • Total Costs at 8,000 units: $200,000

    Calculate the total variable cost and total fixed cost for Company II.

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