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The total costs incurred at various output levels by Nonsense Company Ltd for a process operation at their Clarendon factory are as follows: Output Units
- The total costs incurred at various output levels by Nonsense Company Ltd for a process operation at their Clarendon factory are as follows:
Output Units | Total Costs $ |
11 500 | 102 476 |
12 000 | 104 730 |
12 500 | 106 263 |
13 000 | 108 021 |
13 500 | 110 727 |
14 000 | 113 201 |
The level of fixed costs incurred is equal to?
2. If fixed costs are $600,000, variable cost are $50 per unit, then the total cost for an activity level of 10,000 units assuming a linear cost relationship is: CLO2
a) $600,000
b) $650,000
c) $500,000
d) $1,100,000
3. The following data relate to two output levels of a department: CLO2 Machine hours 18,000 20,000 Overheads $ $380,000 $390,000 The variable overhead rate was $5 per hour. The amount of fixed overhead was a. $230,000 b. $240,000 c. $250,000 d. $290,000
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