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What is the fixed cost of production

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Suppose a pizza parlor has the following production costs:$3.00in labor per pizza,$1.00in ingredients per pizza,$0.70in electricity per pizza,$3 comma 000in restaurant rent per month, and $250in insurance per month. Assume the pizza parlor produces 10 comma 000pizzas per month. What is the variable cost of production (per month)?

The variable cost of production is $nothing. (Enter your response as an integer.) What is the fixed cost of production (per month)?The fixed cost of production is $nothing. (Enter your response as an integer.)

Reference no: EM131278019

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