Help me with this question tutor A manufacturing company produces 1,000 units at atotal cost of $20,000, where $5,000 is fixed costs. Ifproduction increases to 2,000 units, what will be thenew cost per unit assuming fixed costs remain the sameand variable costs increase proportionally?

Explanation of Fixed Costs:Fixed costs are the expenses a company incurs that do not change with the…

Answered: A manufacturing company produces 1,000…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 8EA: Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15,000...

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A manufacturing company produces 1,000 units at a total cost of $20,000, where $5,000 is fixed costs. If production increases to 2,000 units, what will be the new cost per unit assuming fixed costs remain the same and variable costs increase proportionally? I need Answer
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Suppose that a company has fixed costs of $22 per unit and variable costs $9 per unit when 18,000 units are produced. What are the fixed costs per unit when 14,400 units are produced? Round your answer to the nearest cent. Fixed costs per unit _____
Suppose that a company has fixed costs of $22 per unit and variable costs $9 per unit when 15,000 units are produced. What are the fixed costs per unit when 12,000 units are produced? Round your answer to the nearest cent. Fixed costs per unit $fill in the blank 1
Management believes it can sell a new product for $7.50. The fixed costs of production are estimated to be $4,500, and the variable costs are $3.90 a unit. a. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Round your answers to the nearest dollar Enter zero if necessary. Use a minus sign to enter losses, if any Quantity Variable Costs Fixed Costs 0 500 1,000 $ $ $ S 2,500 $ 3,000 S 1,500 2,000 Total Revenue S Quantity $ $ Total Revenue $ $ $ $ $ $ $ $ $ S Fixed Costs $ $ Total Costs b. Determine the break-even level using the above table and use the Exhibit 19.5 to confirm the break even level of output. Round your answers for the break-even level to the nearest whole number. Round your answers for the fixed costs, variable costs, total costs, and profits (losses) to the nearest dollar. Enter zero if necessary Use a minus sign to enter losses, if any Variable…
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Management believes it can sell a new product for $9.00. The fixed costs of production are estimated to be $7,000, and the variable costs are $3.40 a unit. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Round your answers to the nearest dollar. Enter zero if necessary. Use a minus sign to enter losses, if any. Quantity Total Revenue Variable Costs Fixed Costs Total Costs Profits (Losses) 0 $ $ $ $ $ 500 $ $ $ $ $ 1,000 $ $ $ $ $ 1,500 $ $ $ $ $ 2,000 $ $ $ $ $ 2,500 $ $ $ $ $ 3,000 $ $ $ $ $ Determine the break-even level using the above table and use the Exhibit 19.5 to confirm the break-even level of output. Round your answers for the break-even level to the nearest whole number. Round your answers for the fixed costs, variable costs, total costs,…

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A manufacturing company produces 1,000 units at a total cost of $20,000, where $5,000 is fixed costs. If production increases to 2,000 units, what will be the new cost per unit assuming fixed costs remain the same and variable costs increase proportionally?