Mullennex Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: 
If 5,000 units are produced, the average fixed manufacturing cost per unit produced is closest to:
Definitions:
Downsloping
Refers to a descending trend or pattern, often used in contexts such as demand curves in economics, where price and quantity demanded move in opposite directions.
Nominal Interest Rate
The interest rate expressed in terms of annual amounts currently charged for interest and not adjusted for inflation.
Compounded Annually
The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.
Present Value
The current value of a future sum of money or stream of cash flows given a specified rate of return.
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