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

  1. Fill in the missing entries in the table above.
  2. What is the marginal cost of producing one additional doughnut at Danny’s Doughnuts?
    $