Answered: Given the cost formula, Y = $16,000 +…

Given the cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be: Multiple Choice $16,000 $3,600 $13,600 $29,600

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 11MC: Total costs for ABC Distributing are $250,000 when the activity level is 10,000 units. If variable...

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Question

Given the cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be:

Multiple Choice

$16,000
$3,600
$13,600
$29,600

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