A process costs $200 to set up. The run time is 5 minutes per piece and the run cost is $30 per hour. Determine the fixed cost, the variable cost and the total cost and unit cost for a lot of 500.

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The Answer of A process costs $200 to set up. The run time is 5 minutes per piece and the run cost is $30 per hour. Determine the fixed cost, the variable cost and the total cost and unit cost for a lot of 500.

A Process Costs $200 to Set Up