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Total Costs Are $200,000 When 20,000 Units Are Produced; of This

question 34

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Total costs are $200,000 when 20,000 units are produced; of this amount, variable costs are $84,000. What are the total costs when 26,000 units are produced?


Definitions:

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily match its market value.

Stated Value

An arbitrary value assigned to no-par value stock by the board of directors of a company, used for accounting purposes.

Date Of Record

The date of record is the specific date set by a company on which the shareholders must be on the company's books in order to receive a declared dividend.

Cash Dividend

The allocation of earnings in cash form by a company to its stockholders.

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