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- Corio Corporation reports that at an activity level of 3,800 units, its total variable cost is $221,464 and its total fixed cost is $94,848.
- Required:
- For the activity level of 3,900 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost; (d) the average variable cost per unit; (e) the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevant range. (Round your "Average cost" to 2 decimal places and final answers to the nearest dollar amount. Omit the "$" sign in your response.)
- (a) Total variable cost $ 227,292 correct
- (b) Total fixed cost $ 94,848 correct
- (c) Total cost $ 322,140 correct
- (d) Average variable cost 58.28 correct per unit
- (e) Average fixed cost 24.32 correct per unit
- (f) Average total cost 82.60 correct per unit
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