assignment

Instructions Q) Child Play Inc. manufactures electronic toys within the relevant range of $20000 to 150,000 toys per year. Within this range, the following partially completed manufacturing costs schedule has been prepared. Toys produced 40000 80000 120000 Total costs: Total variable costs 720000 Total fixed costs X 600000 Total costs 1320,000 Total costs per unit I Fixed costs per unit ZZO Total costs per unit Complete the costs schedule, identifying each cost by the appropriate letter (a) through (o). B) What kind of a firm would use job costing method? Q2) The company Grayson manufacturer uses a job order costing method. The following date summarizes the operations related to the production for the January for the first month of operations. 1. Purchased 400 units of materials at $14 per unit on account. 2. Requisitioned materials for the production for as following a. 200 units for Job 101 at $12 per unit b. 600 hours of direct labour on Job 103 at $12 per hour ts for the following: indirect material, 800 Indirect labor, 3400, utilities costs