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Total Costs and Costs Per Unit: Variable and Fixed

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Based on the following data, items labeled (a) and (b) in the table below are which of the following amounts, respectively?

Number of units 1,500 3,000
Total costs:
Variable 7,500 15,000
Fixed 6,000 6,000
Costs per unit
Variable $5 (a)
Fixed $4 (b)

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Solution Summary

This solution provides calculations in Excel for variable and fixed total costs and costs per unit.

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