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omework, part 4 Exercise 2 - 5 Fixed and Variable Costs [ LO 5 ] Mike's Radiator Services specializes in the repair and replacement of

omework, part 4
Exercise 2-5 Fixed and Variable Costs [LO5]
Mike's Radiator Services specializes in the repair and replacement of radiators for passenger vehicles. Variable and fixed costs related to installation activities for the most recent month (January) are listed below:Required:
Calculate the per unit amounts for each of the variable expense and fixed expense items in January.
\table[[Item,Per Unit],[Variable expenses:,],[Direct materials (new radiators),],[Direct labour (2 hours per installation),],[Indirect materials,],[Fixed expenses:,],[Installation supervisor's wages,],[Equipment depreciation,],[Insurance and utilities for garage,]]
Mike expects that 152 radiators will be installed in February and that this level of activity is within the relevant range for all variable and fixed expenses.
a & b-1. Calculate the total expense and per unit amounts for each of the variable and fixed cost items above. (Round "per unit" answers to 2 decimal places.)
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