There are 4 different requirements please take all and give answer for general account questions K-Too Everwear Corporation can manufacture mountainclimbing shoes for $32.05 per pair in variable raw materialcosts and $23.00 per pair in variable labor expenses. The shoessell for $142 per pair. Last year, production was 120,000 pairs.Fixed costs were $1,165,000.a. What were total production costs?b. What is the marginal cost per pair?c. What is the average cost per pair?d. If the company is considering a one-time order for an extra5,000 pairs, what is the minimum acceptable total revenuefrom the order?

Given Data:Variable Raw Material Costs per pair: $32.05Variable Labor Expenses per pair:…

Answered: K-Too Everwear Corporation can…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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