Total costs are $180,000 when 10,000 units are produced; of this amount, variable costs are $64,000. What are the total costs when 12,000 units are produced? Assume the new quantity is within the relevant range. Select one: O a. $199,200 O b. $116,000 O c. $192,800 O d. $216,000 O e. None of the answers given
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- Manufacturing costs for product X include direct materials $18 per unit, direct labor $4 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for a total of $27 per unit. If production volume is increased by 10 units, how much will total manufacturing costs change in the short term? Assume that the new production volume is in the relevant range. (hint: the total cost equation might be useful here) increase by $240 not enough information need to know the original volume increase by $220 increase by $250 O increase by $270(Please answer question 3) Management believes it can sell a new product for $8.50. The fixed costs of production are estimated to be $6,000, and the variable costs are $3.20 a unit. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Quantity Total Revenue Variable Costs Fixed Costs Total Costs Profits (Loss) 0 500 1,000 1,500 2,000 2,500 3,000 2. Determine the break-even level using the above table and use the following Equation to confirm the break-even level of output. PQB = FC + VQB PQB - VQB = FC QB (P-V) = FC QB = FC P-V 3. What would happen to the total revenue schedule, the total cost schedule, and the break-even level of output if management…Based on analyzing the production cost (Y) to units produced (X), the following relationship was found: Y=$5,000+$20X. The $20 in the equation represents: Select one: Oa. Variable production costs per unit Ob. None of the answers given Oc Total variable production costs. O d. Total fixed production costs Oe. Fixed production costs per unit. Next page age
- I ne following table snows the cost information for a product at the 15,000-units level. Use the table to answer these questions: What are the incremental and marginal costs for producing 10,000 additional units? Suppose that, at a new production level of 35,000, the fixed cost increases to $1 million, what are the incremental and marginal costs for the additional 10,000 units? All cost figures are in dollars. the table to answer these questions: What are the incremental and marginal costs for producing 10.000 additional units? Suppose that, at a new production level of 35,000, the fixed cost increases to $1 million what are the incremental and marginal costs for the additional 10,000 units? All cost figures are in dollars Quantity 15,000 25,000 35,000 Fixed Cost 500,000 ? 1,000,000 Variable Cost 1,150,000 ? ? Total Cost 2 ? Incremental Cost Marginal CostCompany XYZ has total fixed costs of $9,000. Assume a selling price per unit of $40 and total variable cost per unit of $30, what is the breakeven point in ($) value? Select one: O a. None of the given answers O b. 900 Oc 360,000 O d. 36,000 O e. 90,000Question 1. A company wants to produce a new product. In order to produce this product, the fixed cost is $40,000 and the variable cost is $15 per product. a. Assume that the purchase price for the product is $55, and the estimated demand for this product is 2000 units. Then, what is your suggestion to the company? To produce or not, and if yes, how many? [provide your reasonings] b. Answer part (a) but with an estimated demand of 900 units. [provide your reasonings] c. Assume that demand depends on the purchase price so that it would be 1000 and 2000 if the purchase price is $100 and $55 respectively. Then, what purchase price do you suggest to the company? [provide your reasonings]
- What is the correct choice? When fixed costs are $18,000 and the contribution margin per unit is $4, the breakeven point is a. 4,500 units. b. 2,230 units. c. $22,300. d. $72,000.If total cost of 100 units is RM5,000 and those of 101 units is RM5,030 then increase of RM30 in total cost is: Select one: O a. Marginal cost O b. All variable overheads O c. Prime cost O d. None of the aboveFixed cost per unit is $7 when 25,000 units are produced and $5 when 35,000 units are produced. What is the total fixed cost when nothing is produced? a.$130,000 b.$175,000 c.$12 d.$200,000
- Company XYZ is currently producing and selling 20,000 units. The selling price per unit is $10 while the variable cost ratio is 20%. Assuming total fixed costs of $30,000, what is the margin of safety in ($) value? O a. 122,500 O b. 162,500O c. 82,500 O d. 102,500 O e. None of the given answersPlease I need help in this question. Answer as soon as possible. Period Question: Estimate average cost per unit as per life cycle costing 1 2 3 4 5 Estimated production (units) J 12,000 18,000 80,000 25,000 8,000 Fixed cost per annum (AED) C 60,000 60,000 60,000 60,000 60,000 Variable cost @ AED 2 (AED) 24,000 36,000 1,60,000 50,000 16,000 Total cost (AED) 84,000 96,000 2,20,000 1,10,000 76,000 Cost per unit (AED) 7.00 5.33 2.75 4.40 9.50What level of output (number of units sold) would generate a net income of $15,020 if a product sells for $23.99, has unit variable costs of $7.99, and total fixed costs of $57,805? Round your final answer to the nearest whole number. Your Answer: