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
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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Question
![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
$165,200
$ 1.50
$5.00
$3.50
$ 2.00
$ 1.00
$ 0.50](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4685db58-c846-4b9f-95ac-ac33e1ef61a2%2F804f8bf3-6d78-417b-89ae-c992fa3c44be%2Ff2etqwhi_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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
$165,200
$ 1.50
$5.00
$3.50
$ 2.00
$ 1.00
$ 0.50
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