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I need answer for D, pleaseIn a slow year, Deutsche Burgers will produce 2.900 million hamburgers at a total cost of $4.300 million. In a good year, it can produce 4.900 million hamburgers at a total cost of $5.500 mllion. a. What are the fixed costs of hamburger production? (Do not round intermediate calculations. Enter your answer in millions rounded to 1 decimal place.) Answer is complete and correct Fixed cost 2.6million b. What is the variable cost per hamburger? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. o.60burger Variable 060 per cost c. What is the average cost per burger when the firm produces 2 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct 1.88burger per costd. What is the average cost per burger when the firm produces 3 million hamburgers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Averageburger 2.18 per cost

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Answer #1

Fixed cost = $2560000

Average fixed cost = Total fixed cost / Total quantity produced

Average fixed cost = $2560000/ 3000000 i.e 0.85 per burger

Average variable cost = 0.60 per burger

Average cost = Average fixed cost per burger + Average variable cost per burger

= 0.85 + 0.60 i.e 1.45 per burger

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