Answer to Question #241350 in Financial Math for Katie

Question #241350

What is the total expense for manufacturing 400 tables at Woodlike Inc. if the fixed costs are $1,702,300 and each tables variable cost is $21?

Expert's answer

TC= FC_n + VC_n, n=400, VC=21, FV_n=1702300

VC_n=VC*N=21*400=8400

TC=1702300 + 8400= 1,710,700$

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