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Exercise 11-5 Fixed versus variable cost behavior LO 11-1 Rundle Companys cost and production data for two recent months included the following: March April Production
Exercise 11-5 Fixed versus variable cost behavior LO 11-1
Rundle Companys cost and production data for two recent months included the following:
March | April | |||||
Production (units) | 200 | 400 | ||||
Rent | $ | 2,000 | $ | 2,000 | ||
Utilities | $ | 800 | $ | 1,600 | ||
Required
-
Separately calculate the rental cost per unit and the utilities cost per unit for both March and April.
-
Identify which cost is variable and which is fixed.
- Required A
Separately calculate the rental cost per unit and the utilities cost per unit for both March and April. (Round your answers to 2 decimal place
March | April | |
Rent cost per unit | ||
Utility cost per unit |
- Required B
Identify which cost is variable and which is fixed.
Rent cost | |
Utility cost |
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