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What are the fixed costs of hamburger production

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Reference no: EM131586130

In a slow year, Deutsche Burgers will produce 3.4 million hamburgers at a total cost of $5.1 million. In a good year, it can produce 5.1 million hamburgers at a total cost of $5.7 million.

  1. What are the fixed costs of hamburger production?
  2. What is the variable cost per hamburger?
  3. What is the average cost per burger when the firm produces 2 million hamburgers?
  4. What is the average cost per burger when the firm produces 3 million hamburgers?

Reference no: EM131586130

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