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7. 9. Total fixed costs for Taylor Incorporated are $260,000. Total costs, including both fixed and variable, are $600,000 if 154,000 units are produced. The
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Total fixed costs for Taylor Incorporated are $260,000. Total costs, including both fixed and variable, are $600,000 if 154,000 units are produced. The variable cost per unit is O A. $3.90/unit OB. $2.21/unit. O C. $5.58/unit OD. $1.69/unit George Company has a relevant range of 150,000 units to 400,000 units. The company has total fixed costs of $526,000. Total fixed and variable costs are $642,500 at a production level of 178,000 units. The variable cost per unit at 310,000 units is A. $3.61 OB. $0.38 OC. $0.65 OD. $2.96 Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven to each area. It wants to separate the fixed and variable portion of the truck's operating costs so it has a better idea of how distance affects these costs. Johnson Trucking Company has the following data available. Month January February March April May Miles driven 16,200 17,000 20,000 16.500 17,400 15,000 Total operating costs $22,650 $23,250 $25,000 $22,875 $23,550 $21,000 June Using the high-low method, the monthly operating costs if Johnson Trucking Company drives 21,000 miles in a month will be (Round any intermediary calculations to the nearest cent.) A. $30,000 B. $9,000 O C. $25,800 OD. $24,000Step by Step Solution
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