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Exercise 11-3A (Algo) Determining fixed cost per unit LO 11-1, 11-2 Finch Corporation Incurs the following annual fixed costs. Item Depreciation officers' salaries Long-term lease
Exercise 11-3A (Algo) Determining fixed cost per unit LO 11-1, 11-2 Finch Corporation Incurs the following annual fixed costs. Item Depreciation officers' salaries Long-term lease Property taxes Required Cost $ 59,000 200,000 70,000 13,000 Determine the total fixed cost per unit of production, assuming that Finch produces 2,500, 3,000, or 3,500 units. (Round your answers to 2 decimal places.) Units Produced 2,500 3,000 3,500 Fixed cost per unit Exercise 11-6A (Algo) Fixed versus variable cost behavior LO 11-1, 11-2 Franklin Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 7,000 and 13,000 trophies per year. The following cost data apply to various activity levels. Required Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your intermediate calculations and per unit amounts to 2 decimal places.) Number of Trophies 7,000 9,000 11,000 13,000 Total costs incurred Fixed $ 46.000 Variable 42,000 Total costs $ 88,000 $ 0 $ 05 0 Cost per unit Fixed $ 6.57 Variable 6.00 Total cost per trophy S 12.57 $ 0.00 $ 0.00 $ 000
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