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SSC Financial and Cost Accounting P-1
QUESTION #6149
Question 1
Total cost data: 600 units = $4,200; 800 units = $5,200. What is the fixed cost per unit at each level?
| Option | For 600 units ($) | For 800 units ($) |
|---|---|---|
| A | 2.00 | 1.50 |
| B | 2.00 | 2.00 |
| C | 5.00 | 5.00 |
| D | 6.50 | 7.00 |
Correct Answer Explanation
Option A is correct.
Variable cost per unit = ($5,200 − $4,200) ÷ 200 = $5
Fixed costs = $4,200 − (600 × $5) = $1,200
At 600 units: $1,200 ÷ 600 = $2.00; At 800 units: $1,200 ÷ 800 = $1.50
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