The following data pertain to activity and costs for two recent months: Assuming that these activity levels are within the relevant range, the mixed costs for November were: October NovemberActivity level in unitsVariable costs.5,00010,000$10,000?Fixed costs...30,000Mixed costsTotal costs20,000?$60,000$75,000

Activity-based costing is used to allocate the overhead expenses on the basis of different…

Answered: October November Activity level in…

October November Activity level in units. Variable costs. 5,000 10,000 $10,000 Fixed costs... Mixed costs Total costs 30,000 20,000 ? $60,000 $75,000 ......

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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Question

The following data pertain to activity and costs for two recent months:

Assuming that these activity levels are within the relevant range, the mixed costs for November were:

October November
Activity level in units
Variable costs.
5,000
10,000
$10,000
?
Fixed costs...
30,000
Mixed costs
Total costs
20,000
?
$60,000
$75,000

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