assume the cost structure is as follows: TC=25,000+5Q, where TC=total costs, q=quantities sold. under relevant range...
assume the cost structure is as follows:
TC=25,000+5Q, where TC=total costs, q=quantities sold. under
relevant range of sales, selling price per unit is $8.00. total
fixed costs are
a. $100,000
b. $50,000
c. $25,000
d. more information is needed
Homework Answers
The answer is c.$25,000
Total Cost equation = Total Fixed costs + Variable cost per unit*Quantity sold
hence, total fixed cost = $25,000
Add Answer to:
assume the cost structure is as follows:
TC=25,000+5Q, where TC=total costs, q=quantities sold. under
relevant range...
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