Jim manufactures sunglasses and reported sales revenues of $210,000 and total costs of $56,000 this...
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Accounting
Jim manufactures sunglasses and reported sales revenues of $210,000 and total costs of $56,000 this year. Jim incurs variable cost that is 10% of sales. What would the total costs be if sales were $168,000?
$16,800
$32,000
$41,400
$51,800
Some other amount
Emma Corp. has only variable costs and fixed costs. A review of the companys records disclosed that when 200,000 units were produced, fixed manufacturing costs amounted to $800,000 and the cost per unit manufactured totaled $11. On the basis of this information, how much cost would the firm anticipate at an activity level of 205,000 units?
$2,235,000
$2,222,000
$2,214,000
$2,200,000
Some other amount
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