Total variable cost and total fixed cost


Peace and Love Corporation reports that at an activity level of 7,600 units, its total variable cost is $182,856 and its total fixed cost is $444,296. For the activity level of 7,900 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.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Total variable cost and total fixed cost
Reference No:- TGS075726

Expected delivery within 24 Hours