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  3. xyz company has sales of $260,000, a contribution

XYZ company has sales of $260,000, a contribution margin ratio of 60%, and a target...

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Accounting

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XYZ company has sales of $260,000, a contribution margin ratio of 60%, and a target profit of $30,000. If 15,000 units were sold, what is the variable cost per unit? Select one: O a. $10.40 b. $8.67 c. $9.00 d. $6.93 e. none of the given answers. XYZ Company uses the high low method to analyze the mixed cost. According to the cost formula derived, the total fixed cost is $10,000. Total cost at the high level of activity was $64,000 and at the low level of activity was $25,000. If the low level of activity was 2,500 units, what was the high level of activity in units? Select one: a. None of the answers given b. 9,000 O c. 9,500 Od. 6,400 e. 10,000

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