Question
Exercise 2-5A (Algo) Fixed versus variable cost behavior LO 2-1 Fanning Company's cost and production data for two recent months included the following: March April
Exercise 2-5A (Algo) Fixed versus variable cost behavior LO 2-1 Fanning Company's cost and production data for two recent months included the following: March April Production (units) 800 900 Rent $1,700 $1,700 Utilities $900 $1,013 Required a. Separately calculate the rental cost per unit and the utilities cost per unit for both March and April. b. Identify which cost is variable and which is fixed. Complete this question by entering your answers in the tabs below. Required A Separately calculate the rental cost per unit and the utilities cost per unit for both March ar Note: Round your answers to 2 decimal places. March April Rent cost per unit Utility cost per unit
Exercise 2-5A (Algo) Fixed versus variable cost behavior LO 2-1 Fanning Company's cost and production data for two recent months included the following: Required a. Separately calculate the rental cost per unit and the utilities cost per unit for both March and April. b. Identify which cost is variable and which is fixed. Complete this question by entering your answers in the tabs below. Separately calculate the rental cost per unit and the utilities cost per unit for both March ar Note: Round your answers to 2 decimal placesStep by Step Solution
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