Question: Fixed costs are $400, variable costs per unit are $5, and volume of output is 50 units. What are total variable costs?

Fixed costs are $400, variable costs per unit are $5, and volume of output is 50 units. What are total variable costs?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Fixed costs are $400, variable costs per unit are $5, and volume of output is 50 units. What are Total Costs? * $750 $650 $450 $550

Q:

Fixed costs are $350, variable costs per unit are $7, and volume of output is 50 units. What are total variable costs? $350 $450 O $550 $650 Fixed costs are $350, variable costs per unit are $7, and...

Q:

If fixed costs are $500, variable costs per unit are $10, and volume of output is 40 units, total costs are $900. True False If revenue per unit is $55, fixed costs are $150, and variable cost per...

Q:

33. If a firm has fixed costs of $20,000, variable cost per unit of $0.50, and a break-even point of 5,000 units, the price is: - $2.50. - $5.00. - $4.00. - $4.50. 34. If a firm has a price of $4.00,...

Q:

1. Using a detailed graph, determine the breakeven point, assuming the selling price of a product is $100, fixed costs are $8,000, variable costs per unit are $20, and operating income is $32,000 2....

Q:

AaBbCcDc AaBbCcDc AaBb C Aabbcc AaBb C AaBbcca T Normal 1 No Spac. Heading 1 Heading 2 Heading 3 Heading 4 Styles Paragraph QUESTION 22 1. Fresplanade Co. had the following historical collection...

Q:

Fixed costs are $8,000, variable cost per unit is 5$ and the selling price is $7.50. How many units must sell to make A) the break even point, B) a target operating profit $2,000? solve for; Sales...

Q:

Question 1 (1 point) Which of the following statements describes Black Fly's process costing system? Question 1 options: Direct materials and direct labour are traced to each specific order. The...

Q:

help me please!!! Multiple choice (5 pts each) (highlight or clearly mark your answer) 1)Which of the following is one of the reasons why companies use standard costs? a.to enhance customer loyalty...

Q:

Information regarding a product manufactured and sold by Schiffran is shown below. Maximum capacity with existing facilities Total fixed costs per month Variable cost per unit. Sales price per unit...

Q:

You have a client interested in taking out a mortgage. The loan they require is $750,000 over 20 years. You have advised them of a product which offers an interest rate of 4% per annum with...

Q:

a. Which oxygen atom has the greater electron density? b. Which compound has the greater electron density on its nitrogen atom? c. Which compound has the greater electron density on its oxygen atom?...

Q:

9. Mis a compound which contains three ions. Complete the table by adding the conclusion for (a), the observations for (b)(i), (ii) and (iii), and hoth the test and observation for (c). test (a) M is...

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...