At an activity level At an activity level of 8,000 units, variable costs totaled $24,000 andfixed costs totaled $15,000. If 12,000 units are produced and thisactivity is within the relevant range, then:a. total unit cost would equal $5.25b. total costs would equal $39,000c. fixed cost per unit would equal $390d. total cost would equal $51,000

Step 1: Definition of Total Costs and Unit CostsTotal Costs: Total costs include both fixed and…

Answered: At an activity level of 8,000 units,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Answer give With Calculation
Given the cost formula, Y = $16,000+ $3.40X, total cost for an activity level of 4,000 units would be: A) S13,600 B) S3,600 C) $29,600 D) S16,000
Within the relevant range of 50,000 to 400,000 units, the fixed costs are $150,000 and the variable costs are $1 per unit. What will the total costs be at an activity level of 275,000 units?
According to a cost formula Y = $20,000 + $4x, what would be the total cost for a level of activity of 15,000 units?
Prearcan CVBA's income statement shows the following: Sales Revenue: $9,121,000 Variable Costs: 4,797,000 Fixed Costs: 3,946,000 If unit sales were 5,000, the contribution margin per unit to the nearest cent is : $
What is the cost behavior type if the total cost is $60,000 at activity level of 6,000 hours, and $80,000 at 9,000 hours? Why?
Bell Corporation reports that at an activity level of 8,700 units, its total variable cost is $653,109, and its total fixed cost is $658,416.Required: For the activity level of 8,800 units, assume this level is within the relevant range. Compute: choices are: the total variable cost, the total fixed cost, the total cost, the average variable cost per unit, the average fixed cost per unit, and the average total cost per unit.
At a production level of 5,600 units a project has total costs of 89,000. The variable cost per unit is 11.20. What is the amount of the total fixed costs if the production level is increased to 6,100 units without increasing the total fixed assets?
If fixed costs are $1,226,000, the unit selling price is $229, and the unit variable costs are $104, the amount of sales (units) required to realize an operating income of $218,000 is
Total costs for Locke & Company at 140,000 units are $289,000, while total fixed costs are $165,000. The total variable costs at a level of 280,000 units would be (Round intermediate calculations to the nearest cent and the final answer to the nearest dollar.) O A. $249,200 B. $330,000 C. $578,000 O D. $144,500
An analysis of a particular mixed cost indicates it will be an average of $0.65 per hour at an activity level of 18,000 hours and $11,700 in total at an activity level of 20,000 hours. Assuming that this activity is within the relevant range, what is the cost expected to total at an activity level of 16,000 hours
How do I find the contribution margin per unit when the maximum capacity with present facilities = 40,000 units, total fixed costs per period = 468,000, variable cost per unit = 128, and sales price per unit = 212?

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS