Homework Answers
a) Variable costs per unit = (2,865,600 - 2,188,800 ) / (42000 - 30,000) = 56.4 per unit
Fixed costs = 2,188,800 - 56.4 * 30,000 = 496,000
Cost function = 496,800 + 56.4x
b) Total variable costs = 56.4 * 36,000 = 2,030,400
Fixed costs = 496,800
Total costs = 2,030,400 + 496,800 = 2,527,200
c)
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