Suppose that a company has fixed costs of $11 per unit and variable costs $6 per unit
Question:
Suppose that a company has fixed costs of $11 per unit and variable costs $6 per unit when 11,000 units are produced. What are the fixed costs per unit when 20,000 units are produced?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
To calculate the fixed costs per unit when 20000 units are produced we can use the concept of the hi...View the full answer
Answered By
FELIX NYAMBWOGI
I have been tutoring for over 5 years, both in person and online. I have experience tutoring a wide range of subjects, including math, science, English, and history. I have also worked with students of all ages, from elementary school to high school.
In addition, I have received training in effective tutoring strategies and techniques, such as active listening, questioning, and feedback. I am also proficient in using online tutoring platforms, such as Zoom and Google Classroom, to effectively deliver virtual lessons.
Overall, my hands-on experience and proficiency as a tutor has allowed me to effectively support and guide students in achieving their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
Question Posted:
Students also viewed these Business questions
-
Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15,000 units are produced. What are the fixed costs per unit when 12,000 units are produced?
-
1. ABM's breakeven point is 4,000 units at a sales price of P50 per unit, variable cost of P30 per unit, and total fixed costs of P80,000. If ABM sells 500 additional units, by how much will profit...
-
The financial statements of Zoro Industries for the year ended Dec. 31, 2021, are given below. Zoro Industries Income Statement For the year Ended Dec. 31, 2021 Sales Revenue P160,000.00 Less: Cost...
-
The following are selected transactions of Sarasota Department Store Ltd. for the current year ended December 31. Sarasota is a private company operating in the province of Manitoba where PST is 8%...
-
What should the postcontrol report include?
-
On February 1, Minitori Company purchased 500 ordinary shares (2% ownership) of Becker Company for $30.80 per share. On March 20, Minitori Company sold 100 shares of Becker for $2,850. Minitori...
-
Its Intoxicating Inc., is a Pennsylvania corporation that manufactures and distributes cosmetic products to various retailers. Maritim is a German company that owns and operates hotels throughout...
-
The accountant of Weatherspoon Shoe Co. has compiled the following information from the companys records as a basis for an income statement for the year ended December 31, 2012. Rent revenue $ 29,000...
-
Cash discounts are not taken on shipping costs. Group of answer choices True FalseThis factor is the difference between the net cost of merchandise and the retail selling price: Group of answer...
-
Fixed costs are expenses that ________. A. Vary in response to changes in activity level B. Remain constant on a per-unit basis C. Increase on a per-unit basis as activity increases D. Remain...
-
Which of the following is not considered a product cost? A. Direct materials B. Direct labor C. Indirect materials D. Selling expense
-
Perth Corporation has these long-term investments: common stock of Vejas Co. (10% ownership) held as available-for-sale securities, cost $108,000, fair value $112,000; common stock of Penn Inc. (30%...
-
Use the following information to determine the adjustments, if any, to ICO. (Hint: if you are adjusting ICO, should the adjustments be pre-tax or net of tax?) If you need to increase ICO, enter your...
-
2. After taking her first course in business mathematics, Alyssa is interested in purchasing a 180-day T-Bill with a face value of $20,000 and a rate of 3.5% p.a. (6 points) a) Calcule le prix...
-
Clara is a 14-year-old student presenting significant academic delays as compared to her peer group. She has just arrived in our community and has just been enrolled in school with no accompanying...
-
In one hundred words or less, define the theories of Lloyd Bitzer (rhetorical exigence) and Sidney Jourard (self-disclosure) and explain a situation where a rhetorical exigence required that YOU...
-
Your Company enters into a finance lease as the lessee and determines the present value of the lease payments and residual value is $500,000. Your Company also incurs $8,000 in legal fees to execute...
-
A production process manufactures electronic components with timing signals whose duration follows a normal distribution. A random sample of six components was taken, and the durations of their...
-
Identify Thank You mission, strategy and core competencies. Identify strategy changes that have taken place at Thank You since its founding in 2008. Your answer must in text references and must be...
-
(a) What is the wavelength of a photon that has a momentum of 5.00 10-29 kg m/s? (b) Find its energy in eV.
-
Take the ratio of relativistic rest energy, E = mc2, to relativistic momentum, p = mu, and show that in the limit that mass approaches zero, you find E / p = c?
-
The 54.0-eV electron in Example 29.7 has a 0.167-nm wavelength. If such electrons are passed through a double slit and have their first maximum at an angle of 25.0o, what is the slit separation d?
-
In the region shown in the image, there is a uniform electric field of magnitude 48.1 N/C which points in the negative x-direction. Points 2, 3, and 4 are all 0.497 m away from point 1, and the angle...
-
47. Lemar Ltd. has a December 31 year end. It is not a small CCPC. For 2021, its income taxes payable were $71,500, while for 2022, the amount was $93,600. For 2023, its estimated taxes payable are...
-
Prepare a statement of cash flows for 2 0 2 2 using the indirect method Additional information: 1 . Net income for 2 0 2 2 was $ 1 0 1 , 0 0 0 . 2 . Depreciation expense was $ 3 2 , 0 0 0 . 3 . Cash...
Study smarter with the SolutionInn App