Vaughn Manufacturing used high-low data from June and July to determine its variable cost of $10...
Vaughn Manufacturing used high-low data from June and July to
determine its variable cost of $10 per unit. Additional information
follows:
| Month | Units produced | Total costs |
| June | 3000 | $41000 |
| July | 800 | 19000 |
If Vaughn’s produces 3000 units in August, how much is its total
cost expected to be?
$17368
$41000
$30000
$52000
Homework Answers
Total fixed costs would be=41000-(3000*$10)=$11,000
Hence total cost for 3000 units=Variable cost+Fixed costs
=11000+(10*3000)
which is equal to
=$41000
NOTE:Total fixed costs and variable cost per unit do not change with change in units
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