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At a Sales Volume of 40,000 Units, Lonnie Company's Total

Question 133

Multiple Choice

At a sales volume of 40,000 units, Lonnie Company's total fixed costs are $40,000 and total variable costs are $60,000. The relevant range is 30,000 to 50,000 units.If Lonnie were to sell 50,000 units, the total expected cost per unit would be: (Round intermediate calculations to 2 decimal places.)


A) $2.20
B) $2.30
C) $2.50
D) $2.00

Correct Answer:

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