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Kappa Co. records the following production statistics: March: 800 units, $12,000 total cost. April: 800 units, $12,000 total cost. May: 800 units, $12,000 total cost.

  • Kappa Co. records the following production statistics:
    • March: 800 units, $12,000 total cost.
    • April: 800 units, $12,000 total cost.
    • May: 800 units, $12,000 total cost.
Requirement: Determine the monthly cost per unit. Ascertain if the costs are fixed, variable, or mixed, and elaborate on how this affects budgeting processes.

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