Question
In: Accounting
Mighty Muffler, Inc. operates an automobile service facility that specializes in replacing mufflers on compact cars....
Mighty Muffler, Inc. operates an automobile service facility that specializes in replacing mufflers on compact cars. The following table shows the costs incurred during a month when 600 mufflers were replaced. (Round "cost per muffler" to 2 decimal places.)
Number of Muffler Replacements | |||
| 500 | 600 | 700 | |
| Total costs: | |||
| Fixed costs | $59,400 | ||
| Variable costs | 35,400 | ||
| Total costs | $ 94,800 | ||
| Cost per muffler replacement: | |||
| Fixed cost | |||
| Variable cost | |||
| Total cost per muffler replacement | |||
Solutions
ekkarill92 answered 2 years agoRelated Solutions
Sebastian Muffler, Inc. operates an automobile service facility. The table below shows the cost incurred during...
Sebastian Muffler, Inc. operates an automobile service facility.
The table below shows the cost incurred during a month when 400
mufflers were replaced.
Number of Muffler
Replacements
300
400
500
Total costs:
Fixed costs
A
$
8,700
C
Variable costs
B
4,000
D
Total costs
E
$
12,700
F
Cost per muffler replacement:
Fixed cost
G
H
I
Variable cost
J
K
L
Total cost per muffler replacement
M
N
O
Required:
Fill in the missing amounts, labeled A through...
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