A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense What is the total amount of variable cost incurred if the company produces and sells 11,800 units? Multiple Choice O $17,700 $147,500 Amount per Unit $ 7.00 $ 4.00 $ 1.50 $165,200 $5.00 $3.50 $ 2.00 $ 1.00 $ 0.50

A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense What is the total amount of variable cost incurred if the company produces and sells 11,800 units? Multiple Choice O $17,700 $147,500 Amount per Unit $ 7.00 $ 4.00 $ 1.50 $165,200 $5.00 $3.50 $ 2.00 $ 1.00 $ 0.50

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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