Corio Corporation reports that at an activity level of 3,800 units,its total variable cost is $221,464 and its total fixed cost is $94,848.
Required:
For the activity level of 3,900 units,compute: (a)the total variable cost; (b)the total fixed cost; (c)the total cost; (d)the average variable cost per unit; (e)the average fixed cost per unit;and (f)the average total cost per unit.Assume that this activity level is within the relevant range.
Correct Answer:
Verified
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