Which of the following is NOT true of the average costing method?

The total fixed costs for the MKT Company are $300,000 and total variable costs are $200,000 at the output of [outp] units. What are the average fixed costs? Round up to the second decimal point. Do NOT enter dollar or percent signs.

The total fixed costs for the MKT Company are $300,000 and total variable costs are $200,000 at the output of [outp] units. What are the average total costs?Round up to the second decimal point. Do NOT enter dollar or percent signs.

The Widget Company’s produces several brands. Total sales for Brand “A” are forecasted to be $950,000.  The portion of the companies’ fixed costs that are assigned to Brand “A” is $300,000.    Brand “A” sells for $310. Its variable cost per unit is $238.  Should the Widget company stop producing Brand “A”? (Assume that fixed costs will be reassigned to other brands).

The Chocolate Company’s fixed costs for the year are estimated at $[fc]. Its product sells for $[sp]. The variable cost per unit is $[vcu].  Sales for the coming year are expected to reach $[s]. What is the expected profit in dollars?Round up to the second decimal point. Do NOT enter dollar or percent signs.    

A manufacturer distributed a new smart thermostat system through wholesalers and retailers. The retail selling price was $[x] and the wholesale price was $[y]. The manufacturers selling price was $[z] and the manufacturing cost was $[c]. Use the selling-price based method to determine the mark-up percentages for the retailer. Round up to the second decimal point. Do NOT enter dollar or percent signs.   What is the mark up percentage for the retailer (sales price based)?  

The total fixed costs for the MKT Company are $300,000 and total variable costs are $200,000 at the output of [outp] units. What are the total variable costs at an output of [outp2] units? Round up to the second decimal point. Do NOT enter dollar or percent signs.

A manufacturer distributed a new smart thermostat system through wholesalers and retailers. The retail selling price was $[x] and the wholesale price was $[y]. The manufacturers selling price was $[z] and the manufacturing cost was $[c]. Use the cost-based method  to determine the mark-up percentages for the manufacturer. Round up to the second decimal point. Do NOT enter dollar or percent signs.   What is the mark up percentage for the manufacturer (cost based)?  

A manufacturer distributed a new smart thermostat system through wholesalers and retailers. The retail selling price was $[x] and the wholesale price was $[y]. The manufacturers selling price was $[z] and the manufacturing cost was $[c]. Use the cost-based method to determine the mark-up percentages for the wholesaler. Round up to the second decimal point. Do NOT enter dollar or percent signs.   What is the mark up percentage for the wholesaler (cost based)?  

The Cookie Company’s fixed costs for the year are estimated at $[fc]. Its product sells for $[sp]. The variable cost per unit is $[vcu].  Sales for the coming year are expected to reach $[s].  What is the break-even point in dollars?Round up to the second decimal point. Do NOT enter dollar or percent signs.