San Diego Sheet Metal, Inc. incurs a variable cost of $40 per pound for raw material...

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San Diego Sheet Metal, Inc. incurs a variable cost of $40 per pound for raw material to produce a special alloy used in manufacturing aircraft.

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In the table below, show the unit cost and total cost of raw material at the following production levels: 1 pound, 10 pounds, and 1,000 pounds.

Production Level in pounds Unit Cost Total Cost per pound per pound per pound 1,000

business accounting

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Answer 1

Answer #1

B A C D E Production Levels in pounds Unit Cost Total Cost 1 $ 40 per pound $ 40 (1 pound * $40) 10 $ 40 per pound $ 400 (10

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Answer 2

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