you are given the following costs for different levels of production. Identify each cost as a variable,
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Question:
you are given the following costs for different levels of production. Identify each cost as a variable, fixed, or mixed cost. Pay particular attention to whether the cost is expressed as a total cost or a unit cost. Production in Units
50 units 100 units 150 units 200 units 250 units
a. unit cost $4.00 $3.00 $2.67 $2.50 $2.40
b. total cost 1,2500.00 2,500.00 3,750.00 5,000.00 6,250.00
c. unit cost 12.00 12.00 12.00 12.00 12.00
d. unit cost 600.00 300.00 200.00 150.00 120.00
e. total cost 1,000.00 1,400.00 1,800.00 2,200.00 2,600.00
f. Total Cost 17,000.00 17,00.00 17,000.00 17,000.00 17,000.00
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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