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17 votes
17 votes
The total cost to produce 80 dolls is $1,200. If each doll costs $10 to produce, find the fixed

costs.

User Kimkevin
by
3.0k points

1 Answer

24 votes
24 votes

Answer:

$
$400

Explanation:

Total Cost = Fixed + Variable Cost

Variable Cost = $10 × 80 = $800

$1200 = Fixed Cost + $800

Fixed Cost = $1200 - $800

Fixed Cost = $400

User Kirlich
by
2.7k points