Answer:
Variable cost per unit is $9 and the fixed cost is $29,500
Explanation:
The computation of the variable and fixed components are shown below:
For variable cost per unit, it equals to
= (High cost - low cost) ÷ (High associated cost drivers - low associated cost drivers)
= ($92,500 - $60,100) ÷ (7,000 - 3,400)
= $32,400 ÷ 3,600
= $9 per unit
Now the fixed component equal to
= (High cost) - (variable cost per unit × high associated cost drivers )
= $92,500- ($9 per unit × 7,000)
= $92,500- $63,000
= $29,500
In evaluating companies across industries, financial managers will often read the independent auditor s report <span>as a means of interpreting the statements correctly. The correct option among all the options that are given in the question is the fourth option or option "d". I hope that this is the answer that has helped you.</span>
Answer:
C. $31.88 is the correct answer.
Explanation:
