Question
A company manufactures a single product. The total cost of making 2,000 units is $30,000 and the total cost of making 3,000 units is $40,000.
A company manufactures a single product. The total cost of making 2,000 units is $30,000 and the total cost of making 3,000 units is $40,000. Within this range of activity:
a) what is the total fixed cost?
b) what is the variable cost per unit?
c) what is the total cost per unit at each level of activity?
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Accounting Information Systems Controls and Processes
Authors: Leslie Turner, Andrea Weickgenannt, Mary Kay Copeland
3rd edition
1119329566, 1119329565, 1119386179, 1119302110, 9781119302117 , 978-1119329565
