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EX 2-30(Algo) Fixed and Variable Costs; Automobile Service; Missing Data (LO 2-1,2-8) Mighty...

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Accounting

EX 2-30(Algo) Fixed and Variable Costs; Automobile Service; Missing Data (LO 2-1,2-8)
Mighty Muffler, Incorporated, operates an automobile service facility that specializes in replacing mufflers on compact cars. The following table shows the costs incurred during a month when 600 mufflers were replaced.
Note: Round "cost per muffler" to 2 decimal places.
Required:
Fill in the missing amounts.
\table[[,Muffler Replacements],[,500,,600,700],[Total costs:],[Fixed costs,,$,56,400,],[Variable costs,,,32,400,],[Total costs,,$,88,800,],[Cost per muffler replacement:],[Fixed cost],[Variable cost],[Total cost per muffler replacement,,,,]]
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