K-Too Everwear Corporation can manufacture mountain climbing shoes for $16.5 per pair in variable raw...
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K-Too Everwear Corporation can manufacture mountain climbing shoes for $16.5 per pair in variable raw material costs and $13.64 per pair in variable labor expense. The shoes sell for $92 per pair. Last year, production was 160,000 pairs. Fixed costs were $790,000 a. What were total production costs? Total production cost b. What is the marginal cost per pair? Marginal cost per pair c. What is the average cost? Average cost d. If the company is considering a one-time order for an extra 11,000 pairs, what is the minimum acceptable total revenue from the order? Minimum total revenue
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