In one month a laboratory had total fixed costs of $[x] and…
In one month a laboratory had total fixed costs of $[x] and total variable costs of $[y] while performing [z] tests. What was the cost per test? (Answer in dollars, to two decimals. Enter the number only — no $ or commas.)Formula: Cost per Test = (Total Fixed Costs + Total Variable Costs) ÷ Test Volume.
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