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

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

Fixed costs = $750,000

Variable cost per procedure = $15

1) Volume = 10,000 procedures

2) Volume = 12,500 procedures

3) Volume = 15,000 procedures.

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