Ch. 21 Q:5 Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures m
ID: 2431052 • Letter: C
Question
Ch. 21 Q:5
Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 100,800 to 158,400 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared Components produced Total costs: 100,800 123,200 158,400 $40,320 44,352 $84,672 Cost per unit: Variable cost per unit . . unit... Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar Cost Report Components produced Total costs: Total variable costs Total fixed costs Total costs Cost per Unit Variable cost per unit (a) Fixed cost per unit Total cost per unit 100,800 123,200 158,400 $40,320 (d) $ 44,352 (e) $84,672 (f) 0)Explanation / Answer
Components produced 100800 123200 158400 Total costs: Total variable costs 40320 49280 63360 Total fixed costs 44352 44352 44352 Total costs 84672 93632 107712 Cost per unit: Variable cost per unit 0.40 0.40 0.40 Fixed cost per unit 0.44 0.36 0.28 Total cost per unit 0.84 0.76 0.68