A food distribution company has packaging costs of $150,000 for 12,500 packages they ship to restaurants. When they shipped 17,500 packages their total packaging costs were $190,000. The variable cost for shipping is: $8.00 $10.86 $11.33 $12.00

A food distribution company has packaging costs of $150,000 for 12,500 packages they ship to restaurants. When they shipped 17,500 packages their total packaging costs were $190,000. The variable cost for shipping is: $8.00 $10.86 $11.33 $12.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A food distribution company has packaging costs of $150,000 for 12,500 packages they ship to restaurants. When they shipped 17,500 packages their total packaging costs were $190,000. The variable cost for shipping is:

$8.00

$10.86

$11.33

$12.00

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