Question
15. Ronal Company reports that at an activity level of 4,500 units, its total variable costs are $211,500, and its total fixed costs are $166,500.
15. Ronal Company reports that at an activity level of 4,500 units, its total variable costs are $211,500, and its total fixed costs are $166,500. What is the amount of total costs (both fixed and variable) at an activity level of 5,100 units? Assume that this level of activity is within the relevant range. *
5 points
$166,500
$211,500
$378,000
$406,200
17. At an activity level of 20,000 units, the total variable costs are $50,000, and the total fixed costs are $32,000. Which of the following is correct if 25,000 units are produced, and this activity level is within the relevant range? *
5 points
The fixed cost per unit is $1.60 per unit.
The variable cost per unit is $2.50 per unit.
The total unit cost is $4.10 per unit.
The total variable costs are $50,000.
18. Graham Inc. has annual credit sales of $2,520,000 and accounts receivable of $287,000. Assuming that there are 360 days in a year, what is the value of the average collection period? *
5 points
20.50 days
30 days
41 days
70 days
19. Timaru Corporation is considering selling to a group of new customers and creating new annual sales of $250,000. 8% will be uncollectible. The collection cost on these accounts is 5% of new sales, the cost of producing and selling is 70% of sales, and the corporation is in the 30% tax bracket. What is the profit on new sales? *
5 points
$12,750
$29,750
$42,500
$43,750
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