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Title: Situation 22-3Gizmos, Inc. produces gizmos at an average total cost of $15 and an average variable ...
Post by: rbowen87 on Sep 27, 2023

Situation 22-3

Gizmos, Inc. produces gizmos at an average total cost of $15 and an average variable cost of $12. The only fixed input used in the production of gizmos costs $240.

Refer to Situation 22-3. What are the total costs?



$1,200



$2,400



$850



$960



There is not enough information to answer the question.



Title: Re: Situation 22-3Gizmos, Inc. produces gizmos at an average total cost of $15 and an average variable ...
Post by: benschmann on Sep 27, 2023
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