Survey of Accounting (Available Titles Cengagenow)

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Exercise 11-7 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the row immediately to the right of an incorrect answer. a. Variable Cost per Unit = - = - = per unit. - - Total Fixed Costs = b. Total variable cost = Fixed cost = Total Cost = Instructions
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Exercise 11-7 Name: Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds.
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Unformatted text preview: Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the row immediately to the right of an incorrect answer. a. Variable Cost per Unit = Cost at high point-Cost at low point = $800,000 -$600,000 = $16.00 per unit. Units produced at high point-Units produced at low point 20,000 -7,500 Total Fixed Costs = $480,000 b. Total variable cost = $160,000 Fixed cost = 480,000 Total Cost = $640,000 Instructions...
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