The following costs were for Optimal View Inc., a contact lens manufacturer: ...

60.1K

Verified Solution

Question

Accounting

The following costs were for Optimal View Inc., a contact lens manufacturer:

Output Fixed Cost Variable Cost Total Costs
400 $ 5,200 $ 16,800 $ 22,000
450 5,200 18,900 24,100
500 5,200 21,000 26,200
550 5,200 23,100 28,300

At an output level of 475 lenses, per unit variable cost is calculated to be:

Multiple Choice

  • $36.29.

  • $37.56.

  • $42.00.

  • $32.00.

  • $50.00.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students