Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Exercise 2-11A (Algo) Mixed cost at different levels of activity LO 2-1 Adams Corporation paid one of its sales representatives $4,500 during the month
Exercise 2-11A (Algo) Mixed cost at different levels of activity LO 2-1 Adams Corporation paid one of its sales representatives $4,500 during the month of March. The rep is paid a base salary plus $14 per unit of product sold. During March, the rep sold 170 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following month Answer is complete but not entirely correct. Month Number of units April May June July 210 120 220 130 Total variable cost 2,940 S 1,600 $ 3,080 $ 1,820 Total fixed cost 4,500 4,500 4,500 4,500 Total salary cost 7,440 $ 6,180 $ 7,580 $ 6,3201
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