At an activity level of 10,000 units,total variable costs were $35,000 while total fixed costs were $20,800.If 16,000 units are produced and this activity is within the relevant range,which of the following statements is correct?
A) Total costs would equal $89,280.
B) Total unit cost would equal $4.80.
C) Fixed cost per unit would equal $5.58.
D) Total costs would equal $55,800.
Correct Answer:
Verified
Q12: What are discretionary fixed costs?
A) They vary
Q13: What is an activity base?
A) It is
Q14: Which of the following is an example
Q15: An analysis of past maintenance costs indicates
Q16: Which of the following is an example
Q18: Contribution margin is the excess of revenues
Q19: What does the term "relevant range" mean?
A)
Q20: The linear equation Y = a +
Q21: Which of the following statements about contribution
Q22: Given the cost formula Y = $15,000
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents