Question
Corio Corporation reports that at an activity level of 4,500 units, its total variable cost is $294,075 and its total fixed cost is $144,394. Required:
Corio Corporation reports that at an activity level of 4,500 units, its total variable cost is $294,075 and its total fixed cost is $144,394. Required: For the activity level of 4,600 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.)
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