L3 Manufacturing currently produces 2,000 units per month. The current per unit cost data (at the production level of 2,000 units) is as follows: Direct materials $15 Direct labor 10 Variable manufacturing overhead 5 Fixed manufacturing overhead 10 The plant has capacity for 5,000 units and is considering expanding production to 4,000 units. What is the total cost of producing 4,000 units

Ryan is deciding between attending western state university and eastern state university. he cannot attend both universities simultaneously. both are fine universities, but the reputation of western is slightly higher, as is the tuition. let mu subscript upper e and mu subscript upper w be ryan's marginal utilities from attending eastern and western state universities respectively and upper p subscript upper e and upper p subscript upper w be the prices of attending eastern and western state universities. using the rule of consumer optimum, ryan will decide to attend eastern state university, if mue/pe exceeds muw/pw attend eastern state university if mue/pe is less than muw/pw attend western state university, if pe/mue< pw/muw attend western state university, since it gives him more utility.