Calculate the average total cost per unit


Corio Corporation reports that at an activity level of 2,600 units, its total variable cost is $117,390 and its total fixed cost is $71,415.


Required:

For the activity level of 2,700 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost; (d) the average variable cost per unit; (e) the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevant range. (Round your "Average cost" to 2 decimal places and final answers to the nearest dollar amount. Omit the "$" sign in your response.)





(a) Total variable cost $   
(b) Total fixed cost $   
(c) Total cost $   
(d) Average variable cost    per unit
(e) Average fixed cost    per unit
(f) Average total cost    per unit

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Accounting Basics: Calculate the average total cost per unit
Reference No:- TGS0678219

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