Hanks recently produced & sold 1036 units. Fixed costs at this level of activity amounted to $2473; total variable costs were $5360. How much total cost would the company anticipate if during the next period it produced & sold 761 units? Note: assume this level is still within the relevant range Round your final answer to 2 decimal places
Hanks recently produced & sold 1036 units. Fixed costs at this level of activity amounted to $2473; total variable costs were $5360. How much total cost would the company anticipate if during the next period it produced & sold 761 units? Note: assume this level is still within the relevant range Round your final answer to 2 decimal places
Related questions
Question
owe
subject-Accounting
Hanks recently produced & sold 1036 units. Fixed costs at this level of activity amounted to $2473; total variable costs were $5360. How much total cost would the company anticipate if during the next period it produced & sold 761 units? Note: assume this level is still within the relevant range
Round your final answer to 2 decimal places
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps