Question

In: Accounting

If total costs are​ $30 000 at an output of 3 000 units and​ $35 000...

If total costs are​ $30 000 at an output of 3 000 units and​ $35 000 at an output of 3 500​ units, variable costs per unit​ are?

Solutions

Expert Solution

Total cost Units
High level 35000 3500
Low level 30000 3000
Difference 5000 500
Variable costs per unit​ 10 =5000/500

ekkarill92 answered 2 years ago
Next > < Previous

Related Solutions

3. If production volume increases from 8000 to 10 000 units, a. total costs will increase...
3. If production volume increases from 8000 to 10 000 units, a. total costs will increase by 20 per cent. b. total costs will increase by 25 per cent. c. total variable costs will increase by 25 per cent. d. mixed and variable costs will increase by 25 per cent.4. The direct material cost is £10 000 when 2000 units are produced. What is the direct material cost for 2500 units produced? a. £10 000 b. £8000 c. £15 000 d. £12 500 5. Fixed cost...
Suppose marginal costs are below average total costs at 500 units of output for a manufacturer....
Suppose marginal costs are below average total costs at 500 units of output for a manufacturer. If the manufacturer produces an additional unit, will its average total costs rise, fall, or stay the same? Explain.
Number of units produced                           30, 000 Number of units sold      &nbsp
Number of units produced                           30, 000 Number of units sold                                     28,000 Selling price                                                           $20 Beginning inventory                                                 0 Fixed selling and administrative costs      $ 20,000 Fixed manufacturing overhead                  $ 150,000 Direct materials cost per unit                                      2 Direct manufacturing labor                                          6 Variable manufacturing overhead per unit       4 Variable selling expenses per unit                              2 FMOH per unit                                                               5 1.Operating Income under Absorption method is          2.If Sales Revenue $560,000 then Gross Margin under Absorption method is 3.Cost of Goods Sold and Ending inventory under Absorption costing method are: 4.What is...
Total revenue for producing 10 units of output is $5. Total revenue for producing 11 units...
Total revenue for producing 10 units of output is $5. Total revenue for producing 11 units of output is $9. Given this information, the Average revenue for producing 11 units is $2. Average revenue for producing 11 units is $4 Marginal revenue for producing the 11th unit is $2. Marginal revenue for producing the 11th unit is $4. Output Total Cost 0 40 1 80 2 110 3 130 4 160 5 200 6 250 7 320 Refer to the...
Please answer it with explanation A      Table 1 Output (units per day) 0 10 20 30 Total...
Please answer it with explanation A      Table 1 Output (units per day) 0 10 20 30 Total cost (dollars per day) $40 $54 $62 $80 For the output levels in Table 1, the minimum of the average variable cost curve occurs at a production rate of                 A)    Zero units per day.                  B)    10 units per day.          C)    20 units per day.          D)    30 units per day. B      Refer to Table 2 below Table 2 Units of Labor Units of Output Marginal Product 0 0 1 30...
No of units   Fixed costs   Total variable costs   Total Costs   Total Sales 0   15,000   0   15,000  ...
No of units   Fixed costs   Total variable costs   Total Costs   Total Sales 0   15,000   0   15,000   0 50   15,000   10,500   25,500   15,000 100   15,000   21,000   36,000   30,000 150   15,000   31,500   46,500   45,000 200   15,000   42,000   57,000   60,000 250   15,000   52,500   67,500   75,000 300   15,000   63,000   78,000   90,000 Create a CVP graph.
A bicycle manufacturer currently produces 300 comma 000 units a year and expects output levels to...
A bicycle manufacturer currently produces 300 comma 000 units a year and expects output levels to remain steady in the future. It buys chains from an outside supplier at a price of $ 2.00 a chain. The plant manager believes that it would be cheaper to make these chains rather than buy them. Direct​ in-house production costs are estimated to be only $ 1.50 per chain. The necessary machinery would cost $ 250 comma 000 and would be obsolete after...
A bicycle manufacturer currently produces 274 000 units a year and expects output levels to remain...
A bicycle manufacturer currently produces 274 000 units a year and expects output levels to remain steady in the future. It buys chains from an outside supplier at a price of $ 1.80 a chain. The plant manager believes that it would be cheaper to make these chains rather than buy them. Direct​ in-house production costs are estimated to be only $ 1.50 per chain. The necessary machinery would cost $ 242000 and would be obsolete after ten years. This...
A bicycle manufacturer currently produces 308 comma 000 units a year and expects output levels to...
A bicycle manufacturer currently produces 308 comma 000 units a year and expects output levels to remain steady in the future. It buys chains from an outside supplier at a price of $ 1.90 a chain. The plant manager believes that it would be cheaper to make these chains rather than buy them. Direct​ in-house production costs are estimated to be only $ 1.40 per chain. The necessary machinery would cost $ 279 comma 000 and would be obsolete after...
A bicycle manufacturer currently produces 221 comma 000 units a year and expects output levels to...
A bicycle manufacturer currently produces 221 comma 000 units a year and expects output levels to remain steady in the future. It buys chains from an outside supplier at a price of $ 1.90 a chain. The plant manager believes that it would be cheaper to make these chains rather than buy them. Direct​ in-house production costs are estimated to be only $ 1.40 per chain. The necessary machinery would cost $ 291 comma 000 and would be obsolete after...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT