A company's relevant range of production is 10,000 to 15,000 units. When it produces and...
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Accounting
A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are as follows:
|
| Amount per Unit |
| Direct materials | $ 7.00 |
| Direct labor | $ 4.00 |
| Variable manufacturing overhead | $ 1.50 |
| Fixed manufacturing overhead | $ 5.00 |
| Fixed selling expense | $ 3.50 |
| Fixed administrative expense | $ 2.00 |
| Sales commissions | $ 1.00 |
| Variable administrative expense | $ 0.50 |
What is the total amount of variable cost incurred if the company produces and sells 10,300 units?
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