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QUESTION 4 t an activity level of 9,200 machine-hours in a month, Falks Corporation's total ariable production engineering cost is $825,240 and its total fixed production ngineering cost is $249,100. What would be the total production engineering ost per machine-hour, both fixed and variable, at an activity level of 9,400 machine-hours in a month? Assume that this level of activity is within the relevant ange. (Round intermediate calculations to 2 decimal places.) $114.29 $114.79 $116.78 $116.20

QUESTION 4 t an activity level of 9,200 machine-hours in a month, Falks Corporation's total ariable production engineering cost is $825,240 and its total fixed production ngineering cost is $249,100. What would be the total production engineering ost per machine-hour, both fixed and variable, at an activity level of 9,400 machine-hours in a month? Assume that this level of activity is within the relevant ange. (Round intermediate calculations to 2 decimal places.) $114.29 $114.79 $116.78 $116.20

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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QUESTION 4 At an activity level of 9,200 machine-hours in a month, Falks Corporation's total variable production engineering cost is $825,240 and its total fixed production engineering cost is $249,100. What would be the total production engineering cost per machine-hour, both fixed and variable, at an activity level of 9,400 machine-hours in a month? Assume that this level of activity is within the relevant range. (Round intermediate calculations to 2 decimal places.) $114.29 $114.79 $116.78 $116.20
Transcribed Image Text:QUESTION 4 At an activity level of 9,200 machine-hours in a month, Falks Corporation's total variable production engineering cost is $825,240 and its total fixed production engineering cost is $249,100. What would be the total production engineering cost per machine-hour, both fixed and variable, at an activity level of 9,400 machine-hours in a month? Assume that this level of activity is within the relevant range. (Round intermediate calculations to 2 decimal places.) $114.29 $114.79 $116.78 $116.20
Expert Solution
Step 1 Introduction

The costs incurred during the production can be classified as variable and fixed cost. 

The variable cost changes with change in level of production and fixed cost remains constant at every level of production. 

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