Schonhardt Corporation's relevant range of activity is 2,500 units to 5,500 units. When it produces and sells 4,000 units, its average costs per unit are as follows:
Average
Cost per Unit
Direct materials $ 7.60
Direct labor $ 2.90
Variable manufacturing overhead $ 1.65
Fixed manufacturing overhead $ 2.90
Fixed selling expense $ 0.95
Fixed administrative expense $ 0.65
Sales commissions $ 0.75
Variable administrative expense $ 0.65
If 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to:
a $16,800
b $11,400
c $11,600
d $15,400
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Schonhardt Corporation's relevant range of activity is 2,500 units to 5,500 units. When it produces and sells 4,000 units, its average ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
When selecting a candidate, an employer subjectively combines information gathered from interviews, reference checks, and employment tests. This process produces an overall score for each candidate; the candidate with the highest score is selected.
Answers (1)
The first step in the human resources planning process is to: a. assess future labor demand. b. prepare a forecast of human resource needs. c. prepare a human resource inventory. d.
Answers (1)
Three out of every four american adults under the age of 35 say they have eaten pizza for breakfast at some time in their life.
Answers (1)
AST Electrical provides the following cost information related to its production of electronic circuit boards.
Answers (1)
Product r is normally sold for $52 per unit. a special price of $42 is offered for the export market. the variable production cost is $30 per unit. an additional export tariff of 30% of revenue must be paid for all export products.
Answers (1)
New Questions in Business
When a tax is levied on buyers of tea, a. buyers of tea and sellers of tea both are made worse off. b. buyers of tea are made worse off, and the well-being of sellers is unaffected. c.
Answers (1)
Which of the following is not correct? a. A tax places a wedge between the price that buyers pay and the price that sellers receive. b. In the new after-tax equilibrium, buyers and sellers share the burden of the tax. c.
Answers (1)
The major benefit of diversification is the: a. increased expected return. b. removal of all negative risk assets from the portfolio. c. reduction in the portfolio's total risk. d. reduction in the portfolio's systematic risk.
Answers (1)
Dougherty Corporation purchased a new delivery van for use in its dry-cleaning business. As part of the purchase of the van the following costs were incurred: Acquisition cost 30,000, Sales tax 1,800, Title transfer 250, paid to the company logo on
Answers (1)
Horatio Alger is the product manager for Brand X, a consumer product with a retail price of $1.20. Retail margins are 35% while wholesalers take an 11.5% margin.
Answers (1)