### Quantitative Methods - Retread Tire Company

The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $60,000. The variable cost of recapping a tire is is $9. The company charges $25 to recap a tire. A. For an annual volume of 12,000 tires, determine the total cost, total revenue, and profit. A. Formula is : Total cost = Fixed Cost +