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1 Cactus Cookies incurred the following costs this month to manufacture 1,000 jumbo chocolate chip cookies. Chocolate chips $ 58.00 Flour $31.00 Butter $ 55.50
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Cactus Cookies incurred the following costs this month to manufacture 1,000 jumbo chocolate chip cookies. Chocolate chips $ 58.00 Flour $31.00 Butter $ 55.50 Sugar $ 39.00 Other ingredients $ 34.00 Labor wages $ 350.00 Rent on manufacturing space $ 350.00 Utilities (paid at a monthly rate) $ 53.00 Depreciation on kitchen equipment $ 80.00 Calculate each of the following: a. The total variable cost this month. (Round your answer to 2 decimal places.) Total Variable Cost b. The total fixed cost this month. Total Fixed Cost c. The variable cost per cookie this month. (Round your answer to 4 decimal places.) Variable Cost d. The fixed cost per cookie this month. (Round your answer to 2 decimal places.) Fixed Cost e. The total variable cost if Cactus Cookies had manufactured 2,000 cookies this month. (Do not round your intermediate calculations.) Total Variable Cost f. The total fixed cost if Cactus Cookies had manufactured 2,000 cookies this month. Total Fixed Cost g. The variable cost per cookie if Cactus Cookies had manufactured 2,000 cookies this month. (Do not round your intermediate calculations. Round your answer to 4 decimal places.) Variable Cost h. The fixed cost per cookie if Cactus Cookies had manufactured 2,000 cookies this month. (Round your answer to 3 decimal place) Fixed CostStep by Step Solution
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