Total variable cost

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Corio Corporation reports that at an activity level of 3,100 units, its total variable cost is $155,620 and its total fixed cost is $68,000.

 

Required:

For the activity level of 3,200 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 other answers to the nearest dollar amount.)

 

 

 

 

(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

Reference no: EM13929404

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