Answered: Variable cost per unit = $5.00 July…

Variable cost per unit = $5.00 July fixed cost per unit = $7.00 Units sold and produced in July = 28,000 What is total estimated cost for August if 30,000 units are projected to be produced and sold?

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

Variable cost per unit	=	$5.00
July fixed cost per unit	=	$7.00
Units sold and produced in July	=	28,000

What is total estimated cost for August if 30,000 units are projected to be produced and sold?

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