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Total Cost in a Company

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A company incurred $30,000 of fixed cost and $40,000 of variable cost when 2,000 units of product were made and sold. If the company's volume increases to 2,500 units, what will the company's total cost be?

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This solution provides calculations for total cost in a company.

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A company incurred $30,000 of fixed cost and $40,000 of variable cost when 2,000 units of product were made and sold. If the company's volume increase to 2,500 units, the company's total cost will be?

Fixed costs= ...

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