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What would be the total costs incurred by abc the year

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Problem 1: ABC Inc. is a food manufacturer and produced 15,000 units of its product this year. Total fixed costs were $45,000 ($3.00/unit) and total variable costs were $60,000 ($4.00/unit). If ABC were to produce 20,000 units, it would need to rent an additional building to have room for the additional capacity. The rent on the additional building would be $10,000 per year. At a production level of 20,000 units, what would be the total costs (fixed and variable) incurred by ABC this year?

Reference no: EM132997951

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