Slappy Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the...
Slappy Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the company's sales volume. In a recent month in which the sales volume was 20,000 units, the lease cost was $482,000. To the nearest whole cent, what should be the average lease cost per unit at a sales volume of 19,200 units in a month? (Assume that this sales volume is within the relevant range.) Multiple Choice 528.52 a 52510 52460 Cobalt Company management has...
Oerther Corporation reports that at an activity level of 5,000 units, its total variable cost is $131,750 and its total fixed cost is $31,200. What would be the average fixed cost per unit at an activity level of 5.200 units? Assume that this level of activity is within the relevant range Multiple Choice o o 56.24 o 514 94 o 532 59
Varela Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: 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 $5.95 $3.30 $1.60 $3.00 $0.50 $0.40 $1.50 $0.50 For financial reporting purposes, the total amount of product costs incurred to make 4,000 units is closest to: Multiple Choice...
Kaelker Corporation reports that at an activity level of 8,200 units, its total variable cost is $581,380 and its total fixed cost is $85,650. What would be the total cost, both fixed and variable, at an activity level of 8,400 units? Assume that this level of activity is within the relevant range. a. $683,760 b. $667,030 c. $675,165 d. $681,210
4. Bell Corporation reports that at an activity level of 6,00 units, its total variable cost is $280,000 and its total fixed cost is $90,240. What would be the total variable cost at an activity level of 6,200 units? Assume that this level of activity is within the relevant range. A) $275,330 B) $289,333 C) $87,808 D) $280,336
Frisco Corporation is analyzing its fixed and variable costs within its current relevant range. As its cost driver activity changes within the relevant range, which of the following statements is/are correct? I. As the cost driver level increases, total fixed cost remains unchanged. II. As the cost driver level increases, unit fixed cost increases III. As the cost driver level decreases, unit variable cost decreases. 1. I only is correct. 2. I, II, and III are correct. 3. II and...
Frisco Corporation is analyzing its fixed and variable costs within its current relevant range. As its cost driver activity changes within the relevant range, which of the following statements is/are correct? I. As the cost driver level increases, total fixed cost remains unchanged. II. As the cost driver level increases, unit fixed cost increases. III. As the cost driver level decreases, unit variable cost decreases. 1. I, II, and III are correct. 2. I and II only are correct. 3....
Saved Wu Company incurred $124,000 of fixed cost and $140,000 of variable cost when 3,500 units of product were made and sold. If the company's volume increases to 4,000 units (within relevant range), the total cost per unit will be: Multiple Choice O $35.00
1. Corporation reports that at an activity level of 9,300 units, its total variable cost is $669,600 and its total fixed cost is $96,650. What would be the total cost, both fixed and variable, at an activity level of 9,500 units? Assume that this level of activity is within the relevant range. $766,250 $774,489 $780,650 $783,750 2.The following costs were incurred in April: Direct materials $48,000 Direct labor $32,000 Manufacturing overhead $26,000 Selling expenses $23,000 Administrative expenses $36,000 Prime costs...
Younger Corporation reports that at an activity level of 3,300 units, its total variable cost is $172,326 and its total fixed cost is $68,952. Required: For the activity level of 3,400 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost; (d) the average variable cost per unit; (e) the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevant range. (Round...