Total Fixed Costs for Excelsior Corporation Are $600,000

question 235

Multiple Choice

Total fixed costs for Excelsior Corporation are $600,000.Total costs,both fixed and variable,are $750,000 if 125,000 units are produced.The fixed cost per unit at 300,000 units would be:

• A)$6.00/unit.
• B)$0.50/unit.
• C)$4.80/unit.
• D)$2.00/unit.

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Definitions:

Three-part Model

A conceptual framework divided into three sections or components for analysis or understanding.

Memory Storage

The process of retaining information over time through various forms of brain encoding and organization.

Sensory Storage

The shortest-term element of memory, where sensory information is held just long enough to be processed for basic physical characteristics.

Encoding

The process by which information is transformed into a format that can be stored in memory.