Determine the fixed cost given the following information: Lowest level of activity – 200 units at...
Determine the fixed cost given the following information:
Lowest level of activity – 200 units at a total cost of $600
Highest level of activity – 800 units at a total cost of
$1,800
$360
$200
$480
$600
Homework Answers
Answer: $200
Explanation
Variable cost = ($1,800 - $600) / (800-200)
= $1,200 / 600
= $2
Therefore, Fixed cost = $1,800 - (800 x $2)
= $200
Add Answer to:
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