Mateo Company's average cost per unit is $1.425 at the 16,000-unit level of activity and $1.38 at the 20,000-unit level of activity.Note: you need to calculate a total cost
Assume that all of the activity levels mentioned in this problem are within the relevant range.
Required: Predict the following items for Mateo Company:
a) Variable cost per unit.
b) Total fixed cost per period.
c) Total expected costs at the 18,000-unit level of activity