Harper Inc. has fixed costs of
$660,000
when it produces
375,000
units. Its total variable costs are
$120,000.
When Harper Inc. produces
460,000
units, its total variable costs will be
A. 120,000
B. 171,600
C. 119,600
D. 147,200
Please provide rating...
Computation of variable cost per unit with 375000 unit | |||
a | Variable cost | 120,000 | |
b | Total unit produced | 375000 | |
c=a/b | Unit variable cost | 0.32 | |
Computation of variable cost for 460000 unit | |||
Variable cost = 460000*.32 | 147200 | ||
Correct answer is option D. | 147200 |
Harper Inc. has fixed costs of $660,000 when it produces 375,000 units. Its total variable costs...
Boyko, Inc. has fixed costs of $400,000. Total costs, both fixed and variable, are $550,000 when 40,000 units are produced. Calculate the total costs if the volume increases to 64,000 units. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A. $150,000 B. $550,000 C. $640,000 D. $950,000
A firm’s total costs are $5000 when it is producing 40 units. Its average variable costs are $100. What are its average fixed costs? Select one: a. $125 b. $25 c. $1000 d. $4000
a. When an operation's total fixed and variable costs... A. are greater than its revenue, the breakeven point has been reached. B. are less than its revenue, the breakeven point has been reached. C. equal to its opportunity costs, the breakeven point has been reached. D. equal its revenue, the breakeven point has been reached/ b. A regional director of marketing allocated their $12,000 per month salary to three properties that they are responsible for. The allocation is based upon...
JB Company has fixed costs of $300,000. Total costs, both fixed and variable, are $378,000 when 40,000 units are produced. How much is the variable cost per unit? (Please round to the nearest cent.) $2.78 $7.50 $9 45 $1.95
When Addams Corporation produces and sells 4,200 units, its average costs per unit are shown in the table below. The company's relevant range of activity is 3,000 to 7,000 units. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 6.60 $ 3.40 $ 1.40 $ 4.50 $ 0.65 $ 0.50 $ 0.40 $ 0.40 Required: a. If 5,200 units are sold, what is...
When Addams Corporation produces and sells 5,200 units, its average costs per unit are shown in the table below. The company's relevant range of activity is 3,000 to 7,000 units. Average Cost per Unit $5.10 $3.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comnissions Variable administrative expense $1.40 $ 3.50 s e.6e $ 8,45 3 e.35 $8.35 Required: a. If 6,200 units are sold, what is the variable cost per...
UNITS PRODUCED AND SOLD 50,000 100,000 200,000 TOTAL COSTS VARIABLE COSTS FIXED COSTS 50,000 TOTAL COSTS COST PER UNIT VARIABLE COST FIXED COST 50.25 TOTAL COST PER UNIT ASSUME THE COMPANY SELLS 200,000 UNITS FOR S1/UNIT PREPARE A CONTRIBUTION FORMAT INCOME STATEMENT 1 cost behavior patterns include: (aj variable costs (b)fixed costs (c) mixed costs (d) all of the above 2 fixed costs: (a) remain the same in total (b) vary per unit (c) remain constant per unit (d) vary...
1) Key Company has a targeted sales volume of $62,300 units. Total fixed costs are $31,200. The contribution margin per unit is $1.20. What is targeted net income? A.) $31,200 B.) $43,560 C.) $37,440 D.) $74,760 2) ________ is the relative proportions or combinations of quantities of different products that comprise total sales. A) Sales mix B) Constant mix C) Fluctuating mix D) Variable cost ratio 3) The Todd Dolhun Company has the following information available: Targeted after-tax net income...
At an activity level of 20,000 units produced, fixed costs total $30,000 and variable costs total $67,000. Assuming that this activity is within the relevant range, if 25,000 units are produced, then: Select one: a. total fixed costs are expected to be $37,500. b. variable cost per unit is expected to equal $2.68. c. fixed cost per unit is expected to equal $1.20. d. total cost per unit is expected to equal $3.88. Paine Company wishes to determine the fixed...
The breakeven point of 2,000 units, variable costs total $5,000, and fixed costs total $8,000. The 12,001st unit sold will contribute ________ to profits. A. 4.00 B. 6.00 C. 1.50 D. 2.50