Question
Corio Corporation reports that at an activity level of 2,600 units, its total variable cost is $117,390 and its total fixed cost is $71,415. Required:
Corio Corporation reports that at an activity level of 2,600 units, its total variable cost is $117,390 and its total fixed cost is $71,415. |
Required: |
For the activity level of 2,700 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost; (d) the average variable cost per unit; (e) the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevant range. (Round your "Average cost" to 2 decimal places and final answers to the nearest dollar amount. Omit the "$" sign in your response.) |
(a) | Total variable cost | $ | |
(b) | Total fixed cost | $ | |
(c) | Total cost | $ | |
(d) | Average variable cost | per unit | |
(e) | Average fixed cost | per unit | |
(f) | Average total cost | per unit | |
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