Kings, Inc. manufactures and sells a single product. A partially completed schedule of the
Kings, Inc. manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over the relevant range of 30,000 to 50,000 units produced and sold annually is given below Complete the schedule of the company's total and unit costs above Units Produced and Sold 30,000 40,000 50,000 Total Costs $180,000 ? $300,000 ? 480,000? Variable costs Fixed Costs Total Costs Cost per unit Variable Cost $4.50 Fixed Cost 6.00 Total Cost Per Unit $16.00 Extra Credit: What does this table tell you?