![M5-8 (Algo) Predicting Cost Behavior [LO 5-2,5-3] Randy Company produces tennis rackets. If the fixed cost per racket is $15](http://img.homeworklib.com/questions/72e3d950-190c-11eb-840c-43a156942c59.png?x-oss-process=image/resize,w_560)
Homework Answers
Total fixed costs for 48400 rackets=48400*15
=$726000
Hence total fixed costs for 33000 rackets=$726000
Hence fixed cost per racket would be=726000/33000
which is equal to
=$22
NOTE:Total fixed costs and variable cost per unit do not change with change in units
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