Mcleod,Inc.incurred fixed costs of $300,000.Total costs,both fixed and variable,are $500,000 when 59,000 units are produced.It sold 35,000 units during the year.Calculate the variable cost per unit.(Round your answer to the nearest cent.)
A) $8.47
B) $14.29
C) $5.08
D) $3.39
Correct Answer:
Verified
Q24: Within the relevant range,which of the following
Q25: The phone bill for a corporation
Q26: Kim Airedale,a manager of Waggers,Inc.,was reviewing the
Q27: The high-low method is used to _.
A)
Q28: Costs that have both variable and fixed
Q30: When the total variable costs are deducted
Q31: Jeong Company incurs both fixed and variable
Q32: Petrous Company incurs both fixed and variable
Q33: Ogawa Company incurs both fixed and variable
Q34: Boyko,Inc.has fixed costs of $400,000.Total costs,both fixed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents