Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Exercise 11-9A (Algo) Mixed cost at different levels of activity LO 11-1, 11-2 Fanning Corporation paid one of its sales representatives $6,000 during the
Exercise 11-9A (Algo) Mixed cost at different levels of activity LO 11-1, 11-2 Fanning Corporation paid one of its sales representatives $6,000 during the month of March. The rep is paid a base salary plus $13 per unit of product sold. During March, the rep sold 140 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following months. Answer is complete but not entirely correct. Month Number of units April May June July sold 180) 90 190 100 Total variable cost S 2,160 $ 1,080 $ 2,280 1,200 Total fixed cost 4,320 4,320 4,320 4,320 Total salary cost $ 6,480 S 5,400 s 6,600 5,520
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started