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    hollandwinter Posts: 4, Reputation: 1
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    #1

    Jan 24, 2013, 10:09 AM
    Fixed and variable costs per unit
    X Company has established a budget of $50,000 for the production of 1000 units. Half of this amount is fixed.
    At an actual production level of 500 units,

    (a) determine the variable cost per unit
    (b) determine the fixed cost per unit
    (c) determine total fixed cost
    (d) determine total variable cost
    (e) determine total costs

    I have assumed that $25,000 is the fixed amount, while leaving the other 25 grand as the variable amount . Now, that would mean that it's supposed to be $50 for both the variable cost per unit and fixed cost per unit.
    I think the answers I have for the last three questions are wrong, so can I get some help, please?
    hollandwinter's Avatar
    hollandwinter Posts: 4, Reputation: 1
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    #2

    Jan 24, 2013, 05:52 PM
    I left out the following information from my question. The answers that I have for the last three q's are:

    c. Total fixed cost = $25,000
    d. Total variable cost = $25,000
    e. Total costs = Total variable cost + total fixed cost = $50,000

    Like I said, I think those are wrong.
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