If the total amounts for mixed costs are $28,000 and $44,000 for activity levels of 5,000...
If the total amounts for mixed costs are $28,000 and $44,000 for activity levels of 5,000 and 9,000 units respectively, how much are total fixed costs?
Homework Answers
Variable costs per unit = ($44,000 - $28,000) / (9,000 - 5,000)
= $16,000 / 4,000
= $4
Fixed costs = Total costs - Variable costs
= $28,000 - (5,000 * $4)
= $8,000
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