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PolarNik
2 months ago
12

Fill in the blanks to complete the sentence. Fixed costs equal $25,000; variable cost per unit is $2.50 and units produced are 1

0,000. The total budgeted costs is
Business
1 answer:
stepan [3.5K]2 months ago
0 0

Response:

Total costs amount to $50,000

Explanation:

Given the following factors:

Fixed costs at $25,000

Variable cost per unit is $2.50

Total units produced=10,000

To determine total costs, apply the formula:

Total cost= fixed costs + total variable costs

Total costs= 25,000 + 2.5*10,000

Total costs= $50,000

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