Given the cost formula Y = $18,000 + $6X, total cost at an activity level of 9,000 units would be:
A)$72,000
B)$18,000
C)$36,000
D)$54,000

Name: Given the cost formula Y = $18,000 + $6X, total cost at an activity level of 9,000 units would be: A)$72,000 B)$18,000 C)$36,000 D)$54,000
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Question

Quizplus · Accepted Answer

Total cost = Fixed cost + Variable costTotal cost = $18,000 + $6XTotal cost = $18,000 + $6(9,000)Total cost = $18,000 + $54,000Total cost = $72,000

Given the Cost Formula Y = $18,000 + $6X, Total