If you have the following cost equation Y = 3000 + 10 *X units produced 1500 units. The fixed cost per unit and total variable cost are: Select one: O a. Fixed cost per is 2 UNITS and total variable cost is 15000 OMR O b. Fixed cost per is 2 OMR and total variable cost is 15000 OMR O c. Fixed cost per is 3000 OMR and total variable cost is 15000 OMR d. Fixed cost per is 2 OMR and total variable cost is 15000 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If you have the following cost equation
Y = 3000 + 10 *X
%3D
units produced 1500 units.
The fixed cost per unit and total variable cost are:
Select one:
a. Fixed cost per is 2 UNITS and total variable cost is 15000 OMR
O b. Fixed cost per is 2 OMR and total variable cost is 15000 OMR
O c. Fixed cost per is 3000 OMR and total variable cost is 15000 OMR
O d. Fixed cost per is 2 OMR and total variable cost is 15000 units
Transcribed Image Text:If you have the following cost equation Y = 3000 + 10 *X %3D units produced 1500 units. The fixed cost per unit and total variable cost are: Select one: a. Fixed cost per is 2 UNITS and total variable cost is 15000 OMR O b. Fixed cost per is 2 OMR and total variable cost is 15000 OMR O c. Fixed cost per is 3000 OMR and total variable cost is 15000 OMR O d. Fixed cost per is 2 OMR and total variable cost is 15000 units
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