Total costs are $140,000 when 10,000 units are made. Of this amount, variable costs are $4 per unit. What are the total costs when 8,000 units are produced?

Question

Total costs are $140,000 when 10,000 units are made. Of this amount, variable costs are $4 per unit. What are the total costs when 8,000 units are produced?
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Solution 1

To calculate the total costs when 8,000 units are produced, we first need to determine the fixed costs.

  1. First, calculate the total variable costs when 10,000 units are produced. This is done by multiplying the variable cost per unit ($4) by the number of units produced (10,000). So, $4 * 10,000 Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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