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Corio Corporation reports that at an activity level of 2,900 units, its total variable cost is $139,722 and its total fixed cost is $69,690. Required:
Corio Corporation reports that at an activity level of 2,900 units, its total variable cost is $139,722 and its total fixed cost is $69,690. |
Required: |
For the activity level of 3,000 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 other answers to the nearest dollar amount.) |
(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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