Layout References Mailings Review View Help Acrobat O = Styles Editing Create and Share Request Dictate Sensitivity Editor Add-ins Adobe PDF Signatures Paragraph sil Styles Adobe Acrobat Voice Sensitivity Editor Add-ins Problem Set 1 1. Quest manufacturing incurs the following costs per unit: labor $120/unit, materials $60/unit, and rent $50,000/month. If the Quest produces 200,000 units a month, calculate the following: I a. Total variable costs b. Total fixed costs c. Total costs d. Average Cost e. Average Variable Cost 2. Michael Bannet desires to buy a car and values the car at $600,000 and the seller, Linda Johnson, values the same car at $485,000. If sales tax is 5% and is levied on the Michael, what would be the highest price that the Michael would be willing to pay? Focus it Predictions: On 1 Accessibility: Good to go hp