Requirement 1: A partially completed schedule of the company\'s total and per un

Question

Requirement 1: A partially completed schedule of the company's total and per unit costs over the relevant range of 69,000 to 109,000 units produced and sold annually is given Complete the schedule of the company's total and unit costs below (Roun decimal places. Omit the "S" sign in your response) units produced and sold annua d the "total costs" to the nearest dollar amount and the "cost per unit" to 2 Units Produced and Sold 89,000 69 000 109,000 Total costs $165 600 S 380,000 $545,600 Cost per unit Variable cost Fxed cost Total cost per unit $

Explanation / Answer

Note:

Fixed cost will remain fixed within the given range of production.

Variable cost per unit = $165600 / 69000 units = $2.40 per unit

Elements of Cost Units produced and Sold 69000 89000 109000 Total costs: variable costs 165600 213600 261600 fixed costs 380000 380000 380000 total costs 545600 593600 641600 Cost per unit: variable costs 2.4 2.4 2.4 Fixed costs 5.5 4.3 3.5 total cost per unit 7.9 6.7 5.9

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