Homework: E2-41B Save Score: 0 of 3 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 3 pts E2-41B (similar to) Question Help Value -Cola spends $1 on direct materials, direct labor and variable manufacturing overhead for every unit (12-pack of soda) it produces Fixed manufacturing overhead costs $3 million per year. The plant, which is currently operating at only 80% of capacity, produced 25 million units this year Management plans to operate closer to full capacity next year, producing 30 million units. Management doesn't anticipate any changes in the prices it pays for materials, labor, and manufacturing overhead Read the requirements Requirement 1. What is the current total product cost (for the 25 million units), including fixed and variable costs? Determine the formula, then calculate the current total product cost (for the 25 million units), including fixed and variable costs Total product costs million million million + Requirements - 1. What is the current total product cost (for the 25 million units), including fixed and variable costs? 2. What is the current average product cost per unit? 3. What is the current fixed cost per unit? 4. What is the forecasted total product cost next year (for the 30 million units). including fixed and variable costs 5. What is the forecasted average product cost next your? 6. What is the forecasted fixed cost per unit? 7. Why does the average product cost decrease as production increases? Choose from a 6 parts remaining Print Done wer