Question: Compute the missing amounts. ReviewQuiz:Intro Chapters Quiz Question 3, E2-28 (similar to) Test Score: 34.54%, 2.76 of 8 points Points: 0.6 of 1 Close Question
Compute the missing amounts.
ReviewQuiz:Intro Chapters Quiz
Question 3, E2-28 (similar to)
Test Score: 34.54%, 2.76 of 8 points
Points: 0.6 of 1
Close
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Part 1
Compute the missing amounts. (Round per unit values to the nearest cent.)
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Part 1
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Part 2
| Variable Costs | Fixed Costs | |||
|---|---|---|---|---|
|
| Per unit | Total | Per unit | Total |
| If 12,000 units are produced | $10 | $8 | ||
| If 24,000 units are produced | ||||
| If 30,000 units are produced | ||||
Worked Solution
| Production level | Variable cost per unit | Number of units | = | Total variable costs | |
|---|---|---|---|---|---|
| If 12,000 units are produced | $10 | 12,000 | = | $120,000 | |
| If 24,000 units are produced | $10 | 24,000 | = | $240,000 | |
| If 30,000 units are produced | $10 | 30,000 | = | $300,000 |
| Number of units | Fixed cost per unit | = | Total fixed costs | |
|---|---|---|---|---|
| 12,000 | $8.00 | = | $96,000 |
|
| Total fixed costs | Number of units | = | Fixed cost per unit | |
|---|---|---|---|---|---|
| If 24,000 units are produced | 96,000 | 24,000 | = | $4.00 | |
| If 30,000 units are produced | 96,000 | 30,000 | = | $3.20 |
I dont know how to get these figures. Please Help!
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