Homework Answers
Variable cost = Change in Total cost / Change in Units
We will compare data of May and June for the formula
Change in total cost = 4,050 - 2,400 = $1,650
Change in quantity = 2,100 - 1,200 = 900 units
Variable cost per unit = 1,650/900 = $1.83
In the month of June total cost is $4,050
Variable cost = 2,100*1.83 = 3,850
Fixed cost = Total cost - Variable cost
= 4,050 - 3,850
= $200
Therefore the correct option is 2nd.
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