KGM Inc. has fixed costs of $500,000. When 50,000 units are produced, the total costs (both fixed and variable) amount to $650,000. What would be the total costs at a production level of 75,000 units? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) Group of answer choices $725,000 $500,000 $750,000 $225,000
KGM Inc. has fixed costs of $500,000. When 50,000 units are produced, the total costs (both fixed and variable) amount to $650,000. What would be the total costs at a production level of 75,000 units? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) Group of answer choices $725,000 $500,000 $750,000 $225,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
KGM Inc. has fixed costs of $500,000. When 50,000 units are produced, the total costs (both fixed and variable) amount to $650,000. What would be the total costs at a production level of 75,000 units?
(Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
Group of answer choices
$725,000
$500,000
$750,000
$225,000
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