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Franklin Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 trophies per year.
Franklin Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 trophies per year. The following cost data apply to various activity levels:
Required
Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table.
Note: Round "Cost per unit" answers to 2 decimal places.
\begin{tabular}{|l|r|r|r|l|} \hline Number of Trophies & \multicolumn{1}{|c|}{6000} & 8000 & 10000 & 12000 \\ \hline Total costs incurred & & & & \\ \hline Fixed & $84,000 & & & \\ \hline Variable & 72,000 & & & \\ \hline Total costs & $156,000 & & & \\ \hline Cost per unit & & & & \\ \hline Fixed & $14.00 & & & \\ \hline Variable & 12.00 & & & \\ \hline Total cost per trophy & $26.00 & & & \\ \hline \hline \end{tabular}Step by Step Solution
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