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Peterson Company reported the following for the most recent year: Instructions: Show work to support your answers below. Compute the following, assuming an activity' level
Peterson Company reported the following for the most recent year: Instructions: Show work to support your answers below. Compute the following, assuming an activity' level of 5,000 units Total fixed cost Total variable cost Total cost Average fixed cost per unit Average variable cost per unit Average total cost per unit Assume the activity' level is within Peterson Company's relevant range. Peterson Company reported the following for the most recent year: activity level 4,350 units total fixed cost $24,000 total variable cost $136,000 Instructions: Show work to support your answers below. Compute the following, assuming an activity level of 5,000 units Total fixed cost Total variable cost Total cost Average fixed cost per unit Average variable cost per unit Average total cost per unit Assume the activity level is within Peterson Company's relevant range
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