Larrys Lizard Supplies produces a line of iguana food. In August, it produced and sold...

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Accounting

Larrys Lizard Supplies produces a line of iguana food. In August, it produced and sold 1,000 bags of food. Total fixed costs were $19,000. In September, it produced 2,000 bags of food. Which of the following statements is true for September?
Fixed costs per unit will be $9.50.
Total fixed costs will be $38,000.
Fixed cost per unit will be $19.00.
Total fixed costs will be $9,500

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