Question: Fixed and Variable Cost Behavior Mighty Muffler, Inc., operates an automobile service facility. The table below shows the cost incurred during a month when 600
Fixed and Variable Cost Behavior
Mighty Muffler, Inc., operates an automobile service facility. The table below shows the cost
incurred during a month when 600 mufflers were replaced.
| Number of Muffler Replacements | |||
| Total Cost: | 500 | 600 | 700 |
| Fixed costs | A | $8,400 | C |
| variable costs | B | 24,000 | D |
| Total Cost: | E | $32,400 | F |
| Cost per muffler replacement | |||
| fixed cost | G | H | I |
| variable cost | J | K | L |
| Total cost per muffler replacement | M | N | O |
Required: Fill in the missing amounts, labeled A through O, in the table.
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