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

icon
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
steps

Step by step

Solved in 3 steps

Blurred answer