Homework Answers
(At highest Machine Hours)Total Cost = Variable Cost + Fixed Cost.
$6,300 = (630 hrs * $8.42) + Fixed Cost.
=>$6,300 = $5,310 + Fixed Cost
=> Fixed Cost = $990.
If Variable cost per unit is taken as exact $9 per unit, then Fixed Cost => $6,300 - (630 hrs * $9) = $630.
Choose the answer accordingly.
If you have any doubts please comment on the answer.
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