At Dwight Incorporated,total Fixed and Variable Costs Are $400,000 at a Production

question 127

Multiple Choice

At Dwight Incorporated,total fixed and variable costs are $400,000 at a production level of 100,000 units.The company has total fixed costs of $225,000.The variable cost per unit at 150,000 units is

• A)$1.75.
• B)$2.25.
• C)$4.00.
• D)$1.17.

Master the classification of accounts based on their nature and normal balances.

Analyze the effects of accounting transactions on the trial balance.

Prepare closing entries from given financial information.

Distinguish between adjusting entries and reversing entries.