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Cactus Cookies incurred the following costs this month to manufacture 1,000 jumbo chocolate chip cookies. Chocolate chips $ 59.00 Flour $ 41.00 Butter $ 65.50
Cactus Cookies incurred the following costs this month to manufacture 1,000 jumbo chocolate chip cookies.
Chocolate chips | $ | 59.00 | |
Flour | $ | 41.00 | |
Butter | $ | 65.50 | |
Sugar | $ | 33.00 | |
Other ingredients | $ | 31.00 | |
Labor wages | $ | 400.00 | |
Rent on manufacturing space | $ | 350.00 | |
Utilities (paid at a monthly rate) | $ | 51.00 | |
Depreciation on kitchen equipment | $ | 81.00 | |
Calculate each of the following:
a. The total variable cost this month. (Round your answer to 2 decimal places.)
b. The total fixed cost this month.
c. The variable cost per cookie this month. (Round your answer to 4 decimal places.)
d. The fixed cost per cookie this month. (Round your answer to 2 decimal places.)
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