Question
The following data pertain to activity and costs for two months: June July Activity level in units 10,000 20,000 Variable costs $20,000 ? Fixed costs
- The following data pertain to activity and costs for two months:
|
| June | July |
| Activity level in units | 10,000 | 20,000 |
| Variable costs | $20,000 | ? |
| Fixed costs | 15,000 | ? |
| Mixed costs | 10,000 | ? |
| Total costs | $45,000 | $90,000 |
Assuming that these activity levels are within the relevant range, what were the mixed costs for July?
- $15,000.
- $10,000.
- $40,000.
- $35,000.
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Financial Accounting A Practical Introduction
Authors: Ilias Basioudis
1st Edition
0273714295, 978-0273714293
