Danny’s Doughnuts supplies doughnuts to specialty stores throughout Vermont. Given the following information, solve for the missing amounts in the table provided.
|
# of Doughnuts Made |
|
|
7,000 |
8,000 |
Fixed Costs |
$ |
$12,000 |
Variable Costs |
$ |
$3,200 |
Total Costs |
$ |
$15,200 |
- Fill in the missing entries in the table above.
- What is the marginal cost of producing one additional doughnut at Danny’s Doughnuts?
$