1. Quest manufacturing incurs the following costs per unit: labor $100/unit, mat

1. Quest manufacturing incurs the following costs per unit: labor $100/unit, materials $50/unit, and rent $100,000/month. If the Quest produces 500,000 units a month, calculate the following:
a. Total variable costs
b. Total fixed costs
c. Total costs
2. You have a plant that produces copiers for sale. Your costs for producing copiers are 1: $42, 2: $44, 3: $47, 4: $50, 5: $54, 6: $60, 7: $69, and 8: $80. What are your marginal costs for each copier produced? If you sell a copier for $15 per copier, what quantity of copiers sale would you want?