The total variable cost of manufacturing 2000 units of product A is OMR 4000. Calculate the total variable cost for manufacturing 5000 Units of Product A. a. OMR 7000 b. OMR 10000 c. OMR 8000 d. OMR 9000
Q: An organisation manufactures a single product. The total variable cost of making 4,000 units is OMR…
A: Variable cost per unit of the product = Total variable costs incurred / Total no. of units produced
Q: 1. Determine the total variable costs and the total fixed costs for the current year. Total variable…
A: Hi student Since there are multiple subparts, you have asked the solution for requirements 5, 6…
Q: For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin…
A: Solution: Fixed expenses = $900,000 Target net income = $700,000 Contribution margin ratio = 36%
Q: Comment on the fixed cost per unit and variable cost per unit if level of production changes within…
A: Fixed cost: It is considered as the cost which does not vary with the level of output, that means…
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A: The entire cost to be incurred to a firm may be divided into two main categories; 1) Manufacturing…
Q: Assume that your senior manager provided you the following data to find out the breakeven point in…
A: Total variable cost=Variable cost per unit×Production=OMR 20 ×30,000=OMR 600,000
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A: A) Costs can be defined as the expenses that we have incurred to produce a particular product. To…
Q: 44. At an activity level of 10,000 units, variable costs totaled $35,000 and fixed costs totaled…
A: Variable cost per unit = Total variable costs / Total units = $35,000 / 10,000 units = $3.50 per…
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A: Breakeven is the point, where total expenses (variable + fixed) are equal to total revenue. At this…
Q: Calculate total variable cost per unit if fixed cost is 250000 OMR Total Variable cost 250000 OMR…
A: Variable cost per unit = Total variable cost / No. of units produced
Q: A company has developed a production cost equation for its lone product: Y = 30 + 5X, where X is…
A: Cost formula: It is used to derive the combined variable cost and fixed costs of produced goods of…
Q: vo levels of monthly production volume. The comp Production volume 1,000 units Direct materials…
A: Variable manufacturing cost refers to the expenses involved in producing a certain volume of goods…
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A: Contribution margin: The contribution margin refers to the difference between the selling price and…
Q: Karim Inc. produces a product that sells for $50. Variable manufacturing costs are $15 per unit.…
A: Sales commission = 10% of sales = $50 x 10% = $5 per unit
Q: Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and…
A: Fixed cost are the costs that do not tend to change with volume of output. Variable costs are the…
Q: Based on analyzing the production cost (Y) to units produced (X), the following relationship was…
A: The costs of production can be largely divided into two parts- Fixed cost and variable costs Fixed…
Q: Total costs are OMR 70,000 when 10,000 units are produced; of this amount, variable costs are…
A: Option d. 65000 is the correct answer.
Q: If you have the following cost equation Y = 3000 + 10 *X units produced 1500 units. The fixed cost…
A: COST FUNCTION Y=a+ b*x y= Total cost a= Total fixed cost b= variable cost per unit x= Total number…
Q: Total Variable cost is 490,000 OMR total units sold is 7000 units , total fixed cost is 80000 OMR ,…
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Q: 15-Assume that your senior manager provided you the following data to find out the breakeven point…
A: Introduction: Break even point in sales units: The level where there is no profit nor loss to the…
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A: Contribution margin is also known as dollar contribution per unit. Essentially contribution margin…
Q: Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000…
A: We know that variable cost changes with the change in the amount of activity and fixed cost remains…
Q: 5. Comment on the fixed cost per unit and variable cost per unit if level of production change…
A: Total Cost:- It is a cost consist of the total variable and fixed cost of the product during the…
Q: An organisation manufactures a single product. The total cost of making 4,000 units is $20,000 and…
A: We have the following information: Total cost for making 4,000 units is $20,000 Total cost for…
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Q: clarks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units produced in…
A:
Q: The contribution margin per unit is P5, while the direct fixed costs are P30,000 and the allocated…
A: Solution.... Contribution margin per unit = P5 Total fixed costs = Direct fixed costs +…
Q: Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000…
A: Variable cost per unit = 490000 OMR / 7000 units = 70 OMR per unit Fixed cost = 80000 OMR
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A: Fixed costs do not change with the volume of the production. The variable cost varies with the…
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A: Total costs is the combination of fixed costs and variable costs (marginal costs)
Q: Company XYZ is currently producing and selling 20,000 units. The selling price per unit is $ 7 while…
A: Selling units = 20,000 Net sales = $140,000 (20,000*7) Variable cost ratio = 20% Fixed cost = 30,000
Q: f 8,000 units are sold, what is the total fixed manufacturing overhead costs to support this…
A: The above question is based on manufacturing cost and variable cost impact when we decrease or…
Q: According to following information, Number of units produced is 20000. Variable Total Costs Fixed…
A: Formula: Total cost = Variable cost + Fixed cost. Cost per unit = Total cost / number of units…
Q: Herman Corp. has two products, A and B, with the following total sales and total variable costs:…
A: SOLUTION FORMULA CONTRIBUTION MARGIN RATIO= CONTRIBUTION / SALES.
Q: Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000…
A: Answer Variable cost = OMR 560,000 Total units = 7,000 Per unit Variable cost = OMR 560,000 / 7,000…
Q: An organisation manufactures a single product. The total variable cost of making 4,000 units is OMR…
A: Variable cost per unit = Total variable cost / Units
Q: A company produces a product that sells for $200. Variable costs per unit equal $80. The…
A: A contribution margin is a metric for determining how profitable a product is. Also, express it as a…
Q: Total Variable cost is 420,000 OMR total units sold is 7000 units, total fixed cost is 80000…
A: Variable cost = 420,000 OMR Units = 7000 Variable cost per unit (v) = Variable cost/Units…
Q: 11. George Corporation has the following information for the current year: Selling price per unit…
A: As per the honor code, we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit…
Q: Calculate total variable cost per unit if fixed cost is 250000 OMR Total Variable cost 250000 OMR…
A: Variable Cost per Unit = Total Variable CostNumber of Units produced
Q: If 12,500 units are sold, what is the total fixed manufacturing overhead costs to support this…
A: The fixed manufacturing overhead cost remains constant at every level of production.
Q: . if fixed costs are $235,000, the unit selling price is $121, and the unit variable costs are $70,…
A: Given that unit selling price = $ 121 unit variable costs = $ 70 fixed costs = $235000
Q: 30) According to cost formula y = $80,000- $4x, what would be the total cost at an activity level of…
A: High-low method is a method of breaking semi-variable costs into their two components: partly fixed…
Q: Total costs are $140 000 when 10 000 units are made. Of this amount, variable costs are $4 per unit.…
A: The answer for the multiple choice question and relevant working are presented hereunder : Total…
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- Suppose that a company has fixed costs of $11 per unit and variable costs $6 per unit when 11,000 units are produced. What are the fixed costs per unit when 20,000 units are produced?28. An organisation manufactures a single product. The total variable cost of making 4,000 units is OMR 20,000. What is the variable cost per unit of the product? a. OMR 4.800 b. OMR 2.000 c. OMR 5.000 d. OMR 0.200Total Variable cost is 420,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f + vX. a. Y = 80000 + 150X b. Y = 80000 + 100X c. Y = 80000 + 60X d. Y = 80000 + 40X
- 5. assume that a production level of 10 units the total variable cost is $1,000 and the fixed cost per unit is $100. The total variable costs at 40 units would beQ1) Total costs are $140 000 when 10 000 units are made. Of this amount, variable costs are $4 per unit. What are the total costs when 8000 units are produced? A. $140 000B. $136 000C. $132 000D. $124 00027-By considering the following given information, find out the margin of safety. Fixed cost OMR 150000, Variable cost OMR 200,000 and total sales revenue OMR 400,000. O a. OMR 100000 O b. OMR 200000 O c. OMR 400000 O d. OMR 600000
- Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000 OMR,describe the production costs in the equation form Y = f + vX. Select one: a. Y = 160000 + 40X b. Y = 160000 + 70X c. Y = 160000 + 100X d. Y = 160000 + 80XTotal costs are OMR 70,000 when 10,000 units are produced; of this amount, variable costs are 20,000. What are the total costs when 7,500 units are produced? Select one:a.55,000b.55,000c.79,000d.65,000clarks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units produced in a month is 200, what would be the total cost? a) $7,170 b) $7008.50 c) $8,700 d) $7,800
- 3. Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15,000 units are produced. What are the fixed costs per unit when 12,000 units are produced? PLEASE NOTE: Costs per unit dollar amounts will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67).Calculate total variable cost per unit if fixed cost is 50000 OMR Total Variable cost 500000 OMR and the units produced is 25000 Units Select one: a. 20 OMR b. 50000 OMR c. 25000 OMR d. 500000 OMRA company has developed a production cost equation for its lone product: Y = 30 + 5X, where X is based on the number of labor hours. Assuming a relevant range of 10 to 20 labor hours, what is the estimated production cost at zero (0) labor hour? a. P 30 b. P 80 c. P130 d. The exact amount cannot be determined without additional information