Question: what is the fixed cost ? Problem 10-4 Fixed and Variable Costs (LO3) In a slow year, Deutsche Burgers will produce 4 million hamburgers at

what is the fixed cost ?

Problem 10-4 Fixed and Variable Costs (LO3) In a slow year, Deutsche Burgers will produce 4 million hamburgers at a total cost of $4.8 million. In a good year, it can produce 5.2 mililon hamburgers at a total cost of $5.8 million. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.) b. What is the variable cost per hamburgen? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What is the average cost per burger when the firm produces 3 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) d. What is the average cost per burger when the firm produces 4 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) e. Why is the average cost lower when more burgers are produced

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