Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The variable costs per unit are $18 when a company produces 24,000 units of product. What are the variable costs per unit when 26,000 units

The variable costs per unit are $18 when a company produces 24,000 units of product. What are the variable costs per unit when 26,000 units are produced?

$17.00.

$16.50.

$17.50.

None of these.

$18.00.

The fixed costs per unit are $20 when a company produces 20,000 units of product. What are the fixed costs per unit when 15,000 units are produced?

$26.67.

$20.00.

$15.00.

$14.17.

$11.67.

Total costs are $210,000 when 15,000 units are produced; of this amount, variable costs are $68,000. What are the total costs when 21,000 units are produced?

$237,200.

$266,800.

$294,000.

None of these.

Total costs cannot be calculated based on the information presented.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Life Audit Journal What Is My Why

Authors: A S

1st Edition

B08F6TXV7Z, 9798672209692

More Books

Students also viewed these Accounting questions

Question

Howcan a network design tool help in network design?

Answered: 1 week ago