Question: QUESTION 2 7 Your Memory Lane creates custom art prints that use graphs and icons in a street scene to commemorate special occasions. Suppose that

QUESTION

27

Your Memory Lane creates custom art prints that use graphs and icons in a street scene to commemorate special occasions. Suppose that Your Memory Lane has priced its product at $

350

per print. Further, it has determined that the company

s fixed cost is $

12, 500,

with average variable costs per print of $

250 .

What is the fixed cost contribution per print?

.

700

.

100

.

11, 900

.

12, 250

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