Answer:
The monthly fixed manufacturing cost is $7500.
Explanation:
Variable cost per unit = change in total cost / change in no of units
= 6900-5000/8000-4200
= 0.5 per unit
Fixed cost = Total manfacturing cost - variable cost at a 4200 level
= 5000 - (4200*0.5)
= 5000 - 2100
= $2900
If company produces 9200 units:
Total manfacturing costs = fixed costs + 9200*variable cost per unit
= 2900 + (9200*0.5)
= $7500
Therefore, The monthly fixed manufacturing cost is $7500.
In such a scenario, the most the seller can contribute to the closing costs is up to<u> 6%. </u>
<h3>When can seller contribute to closing costs?</h3>
- The borrower must make a down payment of an amount between 10% and 24.9%.
- The loan must be conforming.
As the down payment of 12% falls within the 10% and 24.9% range, the seller can make a contribution of up to 6% should they please.
In conclusion, they can contribute 6%.
Find out more on conventional loans at brainly.com/question/1130069.
