If the total cost is $70000 and the level of production is 30000 units then the average cost will be __________?

Related Mcqs:

1. If the fixed cost is $200000, unit sales are 30000 and the variable cost is $8 then the unit cost is?

   A. $14.67
   B. $18.67
   C. $20.67
   D. $25.67

2. The decrease in average per unit cost of production which is caused by accumulated experience of production is classified as?

   A. experience curve
   B. learning curve
   C. costing curve
   D. pricing curve

3. If the fixed cost is $45000, units sold are 60000 and the variable cost is $25 then the unit cost will be __________?

   A. $33.75
   B. $30.75
   C. $25.75
   D. $28.75

4. The kind of cost which does not vary with the level of production of company or level of sales is classified as?

   A. variable costs
   B. fixed costs
   C. total costs
   D. all of above

5. The total cost is divided by production level to calculate _________?

   A. average costs
   B. fixed costs
   C. variable costs
   D. discounted costs

6. Considering accumulated production experience, the decreasing in average cost is classified as ___________?

   A. experience curve
   B. learning curve
   C. observational curve
   D. both A and B

7. If the fixed cost is $18000 and the variable cost is $16000 then the total cost is _________?

   A. $18,000
   B. $16,000
   C. $340,000
   D. $34,000

8. The cost of products that fluctuate with the level of production are classified as ___________?

   A. total costs
   B. augmented costs
   C. variable costs
   D. fixed costs

9. If the variable cost is $40 for and the fixed cost is $20 then the total cost is?

   A. $80
   B. $20
   C. $40
   D. $60

10. If the breakeven volume is 20000 units, difference of price and variable cost is $15 then the fixed cost is?

    A. $600,000
    B. $300,000
    C. $400,000
    D. $500,000