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) Â Â (400/1000=0.40) Â Â Â (400/1500=0.27) Â
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 Â
Total Cost                      650     950    1150
(400+250=650) Â (400+500=950) Â (400+750=1150)
Total Cost Per Bag of Popcorn     1.30    0.90   0.77
(0.80+0.50=1.30) Â (0.40+0.50=0.90) Â (0.27+0.50=0.77)
Inconclusion the total Cost Per Bag of Popcorn 1.30; 0.90; 0.77.
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