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Mighty Muffler, Inc., operates an automobile service facility. The table below s

ID: 2377640 • Letter: M

Question

Mighty Muffler, Inc., operates an automobile service facility.  The table below shows the cost incurred during a month when 600 mufflers were replaced.

                        

500

600

700

Total costs:

     Fixed costs

A

  $  8,400

C

     Variable costs

B

    18,000

D

Total costs

E

  $26,400

F

Cost per muffler replacement:

     Fixed cost

G

H

I

     Variable cost

J

K

L

Total cost per muffler   replacement

M

N

O

                        Required:

                        Fill in the missing amounts, labeled A through O, in the table.

  

      Number   of Muffler Replacements      

     

500

     

600

     

700

     

Total costs:

     

     

     

     

     Fixed costs

     

A

     

  $  8,400

     

C

     

     Variable costs

     

B

     

    18,000

     

D

     

Total costs

     

E

     

  $26,400

     

F

     

  

Cost per muffler replacement:

     

     Fixed cost

     

G

     

H

     

I

     

     Variable cost

     

J

     

K

     

L

     

Total cost per muffler   replacement

     

M

     

N

     

O

   Mighty Muffler, Inc., operates an automobile service facility. The table below shows the cost incurred during a month when 600 mufflers were replaced. Required: Fill in the missing amounts, labeled A through O, in the table.

Explanation / Answer

Hi,


Please find the answer as follows:



Thanks.

Number of Muffler Replacements
500 600 700 Total costs:


Fixed costs 8400 8400 8400 Variable costs 15000 18,000 21000 Total costs 23400 26400 29400 Cost per muffler replacement: Fixed cost 16.8 14 12 Variable cost 30 30 30 Total cost per muffler replacement 46.8 44 42