Question: Use the information below to find : a) The Total Variable Costs; b) The Total Costs and c) the Average Costs for each volume given

Use the information below to find :

a) The Total Variable Costs; b) The Total Costs and c) the Average Costs for each volume given below.

Fixed costs = $600,000

Variable cost per procedure = $20

1) Volume = 11,500 procedures

2) Volume = 12,000 procedures

3) Volume = 12,500 procedures.

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