Jack’s Trimmers, Inc. produced 400 hand-held lawn trimmers. Total fixed costs were $31,000 and total variable costs were $48,000.
- If 500 lawn trimmers were produced, what would the total variable costs be?
$ - What is the fixed cost per lawn trimmer, assuming 500 trimmers are produced?
$ - What is the total cost per lawn trimmer, assuming 500 trimmers are produced?
$