Total fixed costs for Randolph Manufacturing are $784,000. Total costs, including both fixed and variable, are $1,050,000 if160,000 units are produced. The fixed cost per unit at 228,500 units would be closest toA. $3.43/unit.B. $1.16/unitO C. $4.60/unitO D. $4.90/unit

Fixed cost:It is the cost that would not change with an increase or decrease in the number of goods…

Answered: Total fixed costs for Randolph…

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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Total fixed costs for Randolph Manufacturing are $784,000. Total costs, including both fixed and variable, are $1,050,000 if 160,000 units are produced. The fixed cost per unit at 228,500 units would be closest to A. $3.43/unit. B. $1.16/unit O C. $4.60/unit O D. $4.90/unit