Total fixed costs for Randolph Manufacturing are $784,000. Total costs, including both fixed and variable, are $1,050,000 if160,000 units are produced. The fixed cost per unit at 228,500 units would be closest toA. $3.43/unit.B. $1.16/unitO C. $4.60/unitO D. $4.90/unit

Fixed cost:It is the cost that would not change with an increase or decrease in the number of goods…

Answered: Total fixed costs for Randolph…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 8EA: Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15,000...

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Total fixed costs for Randolph Manufacturing are $784,000. Total costs, including both fixed and variable, are $1,050,000 if 160,000 units are produced. The fixed cost per unit at 228,500 units would be closest to A. $3.43/unit. B. $1.16/unit O C. $4.60/unit O D. $4.90/unit