Meat Packers, Incorporated (MPI) preserves and packages various kinds of meats for transportation to grocery stores. To prepare and transport each meat package to a grocery store, the firm must purchase $6060 in raw meat and pay $5050 in wages for labor and $4040 in fuel costs. In addition, the firm rents a factory for $10 comma 00010,000 per month and makes $3 comma 0003,000 in monthly payments on meat packaging equipment. Suppose the firm prepares and transports 5 comma 0005,000 packages of meat per month. What are the firm's fixed and variable costs of production in a given month?
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