Giaquinto Corporation Reports That at an Activity Level of 7,600

question 47

Essay

Giaquinto Corporation reports that at an activity level of 7,600 units, its total variable cost is $182,856 and its total fixed cost is $444,296.
Required:
For the activity level of 7,900 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost; (d) the average variable cost per unit; (e) the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevant range.

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Definitions:

Triceps Brachii

A major muscle of the upper arm responsible for extension of the forearm at the elbow joint.

Forearm

The region of the arm between the elbow and the wrist, consisting of two bones (radius and ulna) and various muscles, nerves, and blood vessels.

Ulna

One of the two long bones in the forearm, extending from the elbow to the smallest finger, and playing a role in arm movement and stability.

Biceps Brachii

A muscle of the upper arm that acts to flex the elbow and rotate the forearm.