Question
THIS IS A VERY IMPORTANT QUESTION. PLEASE MAKE SURE YOU DO IT COMPLETELY AND UNDERSTAND THE CONCEPTS. VNA Enterprises, Inc. manufactures and sells a single
THIS IS A VERY IMPORTANT QUESTION. PLEASE MAKE SURE YOU DO IT COMPLETELY AND UNDERSTAND THE CONCEPTS. VNA Enterprises, Inc. manufactures and sells a single product. A schedule of units sold for 3 months and related expenses are as follows:
January February March
Production in units 24100 36150 33740
Cost A $68357 $101736 $95060
Cost B $78325 $78325 $78325
Cost C $90375 $135563 $126525
Inspect the data in the table above. 1. Which cost is a variable cost? (Type A, B, or C) 2. Which cost is a fixed cost? (Type A, B, or C) 3. Which cost is a mixed cost? (Type A, B, or C) 4. What is the cost per unit for the variable cost (the cost referenced in question 1 of this problem)? Round your answer to the nearest penny. 5. All of these costs can be represented by a linear function. Can you write the equation for each cost? Try it on notebook paper- then see the feedback.
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