Question: intro Fixed, Variable Classify the above costs into either fixed or variable costs. Find the total variable cost/unit. Monthly Fixed Costs R S M

intro Fixed, Variable Classify the above costs into either fixed or variable

intro Fixed, Variable Classify the above costs into either fixed or variable costs. Find the total variable cost/unit. Monthly Fixed Costs R S M IT Total fixed costs 25000 10.000 2500 2000 sao Variable Production Costs 1 0.8 0.20 0.20 0.50 Variable Costs/unit 2.50 45,000 $ Total Costs Calculate the Fixed Costs, Total Variable Costs and Total Costs for each level of production depending on how many molds the company leases. **(Don't forget TVC = VC/unit + mold costs) Also calculate the marginal costs for each level of production. Molds Output Marginal Fixed Total Total Marginal Product costs Variable Costs Costs Cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To classify the costs into fixed or variable costs we need to understand their nature Fixed costs re... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!