ritter razors produces deluxe razors that compete with gillettes mach
Question
Ritter Razors produces deluxe razors that compete with Gillette's Mach line of razors. Total manufacturing costs are $200,000 when 30,000 packages are produced. Of this amount, total variable costs are
$80,000.What are the total production costs when 35,000 packages of razors are produced? Assume the same relevant range. Determine the formula, then calculate the total production costs.