1) Suppose that a company has fixed costs of $15 per unit and variable costs...
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Accounting
1) Suppose that a company has fixed costs of $15 per unit and variable costs $11 per unit when 15,500 units are produced. What are the fixed costs per unit when 11,000 units are produced?
2)Total costs for ABC Distributing are $240,000 when the activity level is 9,000 units. If variable costs are $3.0 per unit, what are their fixed costs?
3)Park and West, LLC, provides consulting services to retail merchandisers in the Midwest. In 2019, they generated $750,000 in service revenue. Their total cost (fixed and variable) per client was $2,650 and they served 105 clients during the year. If operating expenses for the year were $300,000 what was their net income?
4)
Rose Company has a relevant range of production between 10,000 and 25,000 units. The following cost data represents average cost per unit for 15,000 units of production.
Average Cost per Unit | |
Direct Materials | $12 |
Direct Labor | 10 |
Indirect Materials | 2 |
Fixed manufacturing overhead | 4 |
Variable manufacturing overhead | 3 |
Fixed selling and administrative expense | 8 |
Variable Sales commissions | 25 |
If 20,500 units are produced, what are the total manufacturing overhead costs incurred?
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