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Randy Company produces tennis rackets. If the fixed cost per racket is $15 when 81,600 rackets are produced, what is the fixe
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Answer #1

Total fixed cost = $15 X 81,600 = $1,224,000

Total fixed cost does not change with change in level of production.

Fixed cost per racket = $1,224,000 / 36,000 = $34

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