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Exercise 2-4A Determining total variable cost LO 2-1 The following variable production costs apply to goods made by Vernon Ma

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Answer #1

--Requirement

Units produced                        6,000              16,000                26,000
Total Variable cost $109,500 $292,000 $474,500

--Working

Variable cost = Units x Variable cost per unit

Units produced 6000 16000 26000
Total Variable cost =6000*18.25 =16000*18.25 =26000*18.25
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