Given the cost formula Y = $17,500 + $4X, at what level of activity will total...
Given the cost formula Y = $17,500 + $4X, at what level of activity will total cost be $42,500?
A. 4,375 units.
B. 5,250 units.
C. 6,250 units.
D. 10,625 units.
Homework Answers
| Correct opton is: C. 6250 units |
| Workings: |
| Y = $17500 + $4X |
| Y = $42500 |
| Then, |
| $42500 = $17500 + $4X |
| $4X = $42500 - $17500 |
| $4X = $25000 |
| X = $25000 / $4 |
| X = 6250 units |
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