Assuming the variable cost per bag of popcorn is $0.50. The table for the various activity levels for one week is: Total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.
Number of Bags Of Popcorn 500 1000 1500
Total Fixed Costs 400 400 400
Fixed Cost Per Bag of Popcorn 0.80 0.40 0.27
(400/500=0.80) (400/1000=0.40) (400/1500=0.27)
Total Variable Cost 250 500 750
($0.50×500=250) (0.50×1,000=$500) (0.50×1,500=$750)
Variable Cost Per Bag of Popcorn 0.50 0.50 0.50
Total Cost 650 950 1150
(400+250=650) (400+500=950) (400+750=1150)
Total Cost Per Bag of Popcorn 1.30 0.90 0.77
(0.80+0.50=1.30) (0.40+0.50=0.90) (0.27+0.50=0.77)
Inconclusion the total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.
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