What is the fixed cost and variable cost

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Reference no: EM131874090

Units produced        Total Cost

500                $17,415

1,000              $22,030

1500               $26,645

2000               $31,260

Selling Price $12.25

A. GRAPH THE DATA

B. What is your visual estimate of the y-intercept?

C. GRAPH C (X) on the data graph from part (a).

D. Find the equation for C(X).

E. What is the fixed cost and variable cost for this production?

F. Find the equations for R(x) and P(x).

G. What is the break-even point?

H. Graph P(x), R(x), and C(x) on the same set of axis. Graph and label the intersection point.

Reference no: EM131874090

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