Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Acc105 Q 5 Relevant Range and Fixed and Variable Costs Third World Gamer Inc. manufactures components for computer games within a relevant range of 61,600
Acc105
Q 5
Relevant Range and Fixed and Variable Costs
Third World Gamer Inc. manufactures components for computer games within a relevant range of 61,600 to 100,800 disks per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Components produced | 61,600 | 79,200 | 100,800 | |||
Total costs: | ||||||
Total variable costs | $19,712 | (d) | (j) | |||
Total fixed costs | 22,176 | (e) | (k) | |||
Total costs | $41,888 | (f) | (l) | |||
Cost per unit: | ||||||
Variable cost per unit | (a) | (g) | (m) | |||
Fixed cost per unit | (b) | (h) | (n) | |||
Total cost per unit | (c) | (i) | (o) |
Complete the cost schedule below. Round costs per unit to the nearest cent.
Cost Schedule | ||||||
Components produced | 61,600 | 79,200 | 100,800 | |||
Total costs: | ||||||
Total variable costs | $19,712 | $ | $ | |||
Total fixed costs | 22,176 | $ | $ | |||
Total costs | $41,888 | $ | $ | |||
Cost per unit: | ||||||
Variable cost per unit | $ | $ | $ | |||
Fixed cost per unit | $ | $ | $ | |||
Total cost per unit | $ | $ | $ |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started