2:07 Chapter 11 Homework (Part 2) O High-Low Method Liberty Inc. has decided to use the high-low method to estimate costs. The data for various levels of production are as follows: Units Produced Total Costs 4,390 $ 559,760 2,255 391,140 6,355 608,440 a. Determine the variable cost per unit and the fixed cost. Variable cost per unit Fixed cost b. Based on part (a), estimate the total cost for 3,100 units of production. $ Check My Work 3 more Check My Work uses remaining. Previous Next Assignment Score: 16.67% All work saved. Save and Exit Submit Assignment for Grading AA v2.cengagenow.com C2:07 Chapter 11 Homework (Part 2) O Break-Even Sales Currently, the unit selling price of a product is $260, the unit variable cost is $210, and the total fixed costs are $600,000. A proposal is being evaluated to increase the unit selling price to $290. a. Compute the current break-even sales (units). units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. units Check My Work 3 more Check My Work uses remaining. Next Assignment Score: 16.67% All work saved. Save and Exit Submit Assignment for Grading AA v2.cengagenow.com C2:07 Chapter 11 Homework (Part 2) Relevant Range and Fixed and Variable Costs FirstClass Gaming Inc. manufactures components for computer games within a relevant range of 100,800 to 165,600 components per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 100,800 128,800 165,600 Total costs: Total variable costs $41,328 (d) (j) Total fixed costs 46,368 (e ) (k ) Total costs $87,696 ( f ) ( 1 ) Cost per unit: Variable cost per unit (a) (9) (m) Fixed cost per unit ( b ) ( h ) (n) Total cost per unit ( C ) (1) (0) Complete the cost schedule below. Round costs per unit to the nearest cent. Cost Schedule Components produced 100,800 128,800 165,600 Total costs: Total variable costs $41,328 Total fixed costs 46,368 Total costs $87,696 E Cost per unit: Variable cost per unit cost per unit Total cost per unit E Check My Work 3 more Check My Work uses remaining. Previous Next Assignment Score: 16.67% All work saved. Save and Exit Submit Assignment for Grading AA v2.cengagenow.com C