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At a Production Level of 6,000 Units a Project Has

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At a production level of 6,000 units a project has total costs of $120,000. The variable cost per unit is $14.50. What is the amount of the total fixed costs?


Definitions:

Common

Occurring frequently or widely accepted or shared by most people.

Dihybrid Cross

Cross between two individuals identically heterozygous for two genes; for example, AaBb × AaBb.

Phenotypes

The set of observable characteristics or traits of an organism.

Ratio

A mathematical way of comparing two quantities by division, expressing how much of one thing exists relative to another.

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