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CALCULATOR PRI Question 1 Blossom Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of
CALCULATOR PRI Question 1 Blossom Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent Direct in Units Expense Materials 1,000 $5,000 $4,000 2,000 5,000 6,000 3,000 8,000 6,000 4,000 8,000 8,000 5,000 8,000 10,000 6,000 8,000 12,000 7,000 8,000 14,000 8,000 8,000 16,000 9,000 10,000 29,300 10,000 10,000 35,000 11,000 10,000 44,000 v (b) Your answer is correct. Determine the relevant range of activity for this product. The relevant range of activity for this product 3.000 8,000 units Click if you would like to Show Work for this question: Open Show Work (C) Your answer is correct. Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places e.g. 2.25.) Variable costs per unit per unit 2.00 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attem (d) Indicate the fixed cost within the relevant range. Fixed cost $ Click if you would like to Show Work for this question: Open Show Work
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