Barredo Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its average costs per unit are as follows: Average Cost per UnitDirect materials$6.60Direct labor$3.65Variable manufacturing overhead$1.65Fixed manufacturing overhead$2.80Fixed selling expense$0.70Fixed administrative expense$0.40Sales commissions$0.50Variable administrative expense$0.45 If 4,000 units are sold, the variable cost per unit sold is closest to:
A. $14.70
B. $12.85
C. $16.75
D. $11.90
Answer: B
You might also like to view...
The difference between a department's net sales and cost of goods sold is known as the
a. departmental gross profit. b. departmental operating income. c. departmental operating expenses. d. departmental direct operating margin.
What type of panel would be used to determine how consumers feel about two different product concepts by varying panel questions from one panel measurement to the next?
A) inquisitional panel B) discontinuous panel C) population panel D) continuous panel E) repeatability panel
Multiple R is also called the ________
A) PVS B) MR C) coefficient of determination D) standardized beta coefficient E) p value
The insurance program designed to provide medical treatment and temporary payments to employees who cannot work because of an employment-related injury or illness is:
A. unemployment insurance B. workers’ compensation C. government disability insurance D. Social Security disability E. portability option