A company manufactures 500 units of a product at a total variable cost of $15,000 and total fixed costs of $5,000. What is the total cost per unit? A. $20 B. $30 C. $40 D. $50

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 3CMA: A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead....
icon
Related questions
Question
100%

Total cost per unit?

A company manufactures 500 units of a product at a total
variable cost of $15,000 and total fixed costs of $5,000. What
is the total cost per unit?
A. $20
B. $30
C. $40
D. $50
Transcribed Image Text:A company manufactures 500 units of a product at a total variable cost of $15,000 and total fixed costs of $5,000. What is the total cost per unit? A. $20 B. $30 C. $40 D. $50
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College