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K-Too Everwear Corporation can manufacture mountain climbing shoes for $16.05 per pair in variable raw material costs and $10.27 per pair in variable labor expense.
K-Too Everwear Corporation can manufacture mountain climbing shoes for $16.05 per pair in variable raw material costs and $10.27 per pair in variable labor expense. The shoes sell for $134 per pair. Last year, production was 190,000 pairs. Fixed costs were $850,000. Required: (a)What were total production costs? (Do not round your intermediate calculations.) (Click to select) (b)What is the marginal cost per pair? (Do not round your intermediate calculations.) (Click to select) - (c)What is the average cost? (Do not round your intermediate calculations.) (Click to select) 4 (d)If the company is considering a one-time order for an extra 12,000 pairs, what is the minimum acceptable total revenue from the order? (Do not round your intermediate calculations.) (Click to select)
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