Homework Answers
Option B - $448,333
Explanation:
Total manufacturing cost to produce 60,000 toys = $390,000
Fixed cost = total manufacturing cost - variable cost
= $390,000 - $100,000
= $290,000
Variable cost per unit = $100,000 / 60,000 units = $1.666667
Total variable cost to produce 95,000 toys = $1.666667 * 95,000
= $158,333
Total cost = Variable cost + Fixed cost
= $158,333 + $290,000
= $448,333
Therefore, Total production costs when 95,000 toys are produced = $448,333
Answer is option B - $448,333
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