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QUESTION: At an activity level of 10,000 units, variable costs totaled $35,000 and fixed costs totaled $20,800. If 16,000 units are produced and this activity is within the relevant range, then: a. total unit cost would equal $4.80. b. total costs would equal $55,800. c. fixed cost per unit would equal $558. d. total cost would equal $89,280.

QUESTION: At an activity level of 10,000 units, variable costs totaled $35,000 and fixed costs totaled $20,800. If 16,000 units are produced and this activity is within the relevant range, then: a. total unit cost would equal $4.80. b. total costs would equal $55,800. c. fixed cost per unit would equal $558. d. total cost would equal $89,280.

FINANCIAL ACCOUNTING
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: At an activity level of 10,000 units, variable costs totaled $35,000 and fixed costs totaled $20,800. If 16,000 units are produced and this activity is within the relevant range, then: a. total unit cost would equal $4.80. b. total costs would equal $55,800. c. fixed cost per unit would equal $558. d. total cost would equal $89,280.
Transcribed Image Text:QUESTION: At an activity level of 10,000 units, variable costs totaled $35,000 and fixed costs totaled $20,800. If 16,000 units are produced and this activity is within the relevant range, then: a. total unit cost would equal $4.80. b. total costs would equal $55,800. c. fixed cost per unit would equal $558. d. total cost would equal $89,280.
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