MC Qu. 110 The following information is available... The following information is available for a company's...

Question

Question

Answer 1

Answer #1

Variable cost = (Cost at highest activity - Cost at lowest activity) /(Highest activity-Lowest activity)

= (57500-28200)/(2570-570)

= 14.65

Fixed cost = Total cost - Variable cost

= 57500 - (2570*14.65)

= 19,850

Answer 2

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