If 5,000 units are sold, the total variable cost is closest to:

A) $47,750
B) $73,000
C) $57,500
D) $57,750

Question

If 5,000 units are sold, the total variable cost is closest to:A) $47,750B) $73,000C) $57,500D) $57,750

Tiara Stewart · Accepted Answer

Final Answer : C, Explanation :  To calculate total variable cost, we need to multiply the variable cost per unit by the number of units sold. According to the problem, the variable cost per unit is $11.50. So, for 5,000 units, the total variable cost would be:$11.50 * 5,000 = $57,500. Therefore, the answer is choice C.     Reference: CH01-Ref21Bowering Corporation has provided the following information:

If 5,000 units are sold, the total variable cost is closest to:

A) $47,750
B) $73,000
C) $57,500
D) $57,750

Definitions

Learning Objectives

Learning Objectives

Related questions