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
Solution 1
To calculate the total costs when 8,000 units are produced, we first need to determine the fixed costs.
- First, calculate the total variable costs when 10,000 units are produced. This is done by multiplying the variable cost per unit (4 * 10,000 Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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