Ask Question
15 January, 18:28

London Plastics has monthly fixed costs of $82,500, while its variable costs are $4.50 per unit. If the sales price of a unit is $15.25 and London Plastics sell 15,000 units, the company's total variable costs will be A. $161,250. B. $67,500. C. $82.500. D. $228,750.

+1
Answers (1)
  1. 15 January, 21:33
    0
    The correct answer is B.

    Explanation:

    Giving the following information:

    The variable costs are $4.50 per unit. London Plastics sell 15,000 units.

    To calculate the total variable costs we need to use the following formula:

    Total variable cost = unitary variable cost * total amount of units

    Total variable cost = 4.5*15,000 = $67,500
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “London Plastics has monthly fixed costs of $82,500, while its variable costs are $4.50 per unit. If the sales price of a unit is $15.25 and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers